(Re)insurers need to combine their strengths, use better data, and shift beyond traditional protection roles to focus on anticipating and preventing risks, says Swiss Re’s Victor Kuk.
Losses from hotels, retailers and vehicle dealers already exceed billions of rupees, raising concerns over insurers’ capital strength and Nepal Re’s capacity to absorb claims.
Sompo International taps Pei Ru Chiew to spearhead its Crisis Management and Commercial P&C Insurance in APAC, leveraging her deep expertise to meet the escalating demands for political violence and...