Saturday, May 7, 2016

SA Insurance Regulators' Meet on May 12

The Beema Samiti (Insurance Board – IB) is going to host the third South Asian Insurance Regulators' Meet and organize International Insurance Conference 2016 in Kathmandu on May 12 and 13.
"The Regulators' meet will be organized on May 12 while the Insurance Conference will be organized for two days," IB chiarman Prof. Dr. Fatta Bahadur KC said in a press conference Friday.
At the Regulators' Meet, Insurance Commissioner of Securities and Exchange Commission of Pakistan (SECP) will hand over the chairmanship of the regional body of the insurance regulators to Nepal.
The first Regulators' Meet was held in Dhaka of Bangladesh in 2013 and second Meet was held in Karachi, Pakistan in 2014.
According to the IB, the Karachi Meet had decided to organize the third conference in Kathmandu last year but due to the devastating earthquake that rocked the nation in April and May in 2015, the conference could not be held last year.
Dr. KC informed that the conference would deliberate the methods, experiences and future plans of inclusive insurance.
It will also discuss on the topics like risk-based capital and solvency margin, necessity of health insurance for social security and human resource development for insurance and capacity building.
The main theme of the conference will be 'Enhancing Insurance Outreach through Regional Co-operation'.
The Asian Development Bank and German Cooperation are the co-organize the programme. 

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