The SEADRIF Insurance Company has made a payout of $750,000 following the passage of typhoon Yagi which devastated eight provinces in Lao PDR, including Vientiane, Phongsaly, Luangnamtha, Oudomxay, Bokeo, Luangprabang, Xiengkhuang and Xayabouri.
The 8th Asia Trusted Life Agents & Advisers Awards (ATLAA) concluded yesterday evening, celebrating 16 winners recognised for their outstanding contributions and performance.
Charles Taylor Adjusting (CTA), an international loss adjusting business, has expanded its Natural Resources capability in Asia with the opening of a new office in Vietnam. This strategic expansion allows CTA to offer technical loss adjusting services across mining, power and energy business sectors, with a focus on renewable energy, both onshore and offshore, not only in Vietnam but also across the wider Greater Mekong sub-region including Cambodia, Myanmar and Laos.
The insurance market in Cambodia, Laos, Myanmar and Vietnam (CLMV) has a bright outlook, with double-digit growth opportunities, according to the Thai General Insurance Association (TGIA).
Almost three-quarters of drivers in Vientiane routinely break speed limits and nearly a third of evening motorists drive under the influence of alcohol, new research on the country's growing road crash problem shows.
Lao government bodies on Wednesday reviewed the implementation of the Laos-Southeast Asia Disaster Risk Management Project in 2019 and discussed plans for 2020, local media reported.
New research at Wellcome Sanger Institute and University of Oxford, both in the UK, and Mahidol University, Bangkok, has found that multi-drug resistant malaria is rapidly spreading in South east Asia.
The London-headquartered Institute of Risk Management (IRM) continues to expand its reach in Asia with its latest appointment of a global ambassador for Vietnam, Cambodia and Laos, Mr Saman Bandara of EY Vietnam.
Bangkok Insurance has signed a reciprocal deal with APA Insurance of Laos on vehicle and accident cover for their respective clients who travel to the other country.