Nepal chamber objects to Insurance Board’s premium minimums—report
November 3 2021 by Karen Lai-
Nepal’s Himalayan Re to generate ‘positive’ FY24 underwriting margins: AM Best
- February 24
Rating agency affirms financial strength rating of B+ (Good) and a long-term issuer credit rating of bbb- (Good), with a stable outlook.
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Tibet earthquake compensation payments, pre-payments near US$5m
- January 14
China's insurance industry has paid full compensation to the 126 victims of last week's deadly earthquake.
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UIB Group expands Asia footprint with representative office in Nepal
- November 20
The Kathmandu office will report to the UIB Asia regional headquarters based in Singapore.
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Nepal’s Air Dynasty helicopter crash leads to US$1.4m total loss
- August 8
The chopper was insured with Sagarmatha Lumbini Insurance, which already had four helicopter losses in the country in 2023, and Nepal Reinsurance is the reinsurer involved in the latest crash, IAN understands.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The carrier proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
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Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.