Jessica Li is a Reporter at (Re)in Asia, following the appointments, ratings and deals shaping the region's insurers. Areas of specialty include senior people moves, insurer ratings actions, and M&A across marine, financial and reinsurance lines in markets including Vietnam, Hong Kong, Korea and India.
Underlying earnings improved even as equity‑sale gains faded, with strong international profitability and lower nat‑cat losses more than offsetting a softer Japan P&C result.
The bus carried compulsory and voluntary cover with the insurers, as BMTA pledged 1.5m baht (approx. US$45,900) in preliminary compensation to each deceased's family.
The payout marks Nepal’s first use of a parametric drought insurance policy, stakeholders said, with funds supporting food aid and farming tools in Bajura district.
