Violent demonstrations in Kathmandu caused extensive damage to businesses and institutions, with reinsurance, primarily through Nepal Re, expected to cover the majority of industry losses.
Insurers stand to use enhanced data visibility and AI to better assess tariff, compliance and trade disruption risks, transforming how political-driven risk is managed.
Higher-than-expected claims underline the need for tailored coverage and expanded facultative capacity to help safeguard the critical semiconductor supply chain.
