Nepal’s Himalayan Re to generate ‘positive’ FY24 underwriting margins: AM Best
February 24 2025 by InsuranceAsia News
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Nepal’s ‘Gen Z riot’ losses impose financial strain on (re)insurers: AM Best
- September 24
Outsized proportion of losses, reported to be over US$177m, could impact earnings and capital of the market, which has a combined GWP of US$317m.
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Nepal political riots claims near US$150m, regulator says
- September 19
Violent protests caused widespread property damage after the parliament building, government offices, the Supreme Court and the newly-opened Hilton hotel in Kathmandu were set ablaze.
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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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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
