An actuary with more than two decades in reinsurance moves into the APAC role after leading property and casualty treaty portfolios in Europe and the Mediterranean.
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.
Hong Kong raised its highest storm signal as Super Typhoon Ragasa swept close, flooding districts and halting transport, with insurers bracing for Mangkhut-scale losses.
