Law Info Nepal

1.5 Concept of Insurance in the Globalized Economy

यो उत्तर युनिट १ मा छ — पूरै निःशुल्क।

1. The cross-border insurers — the multinational operations (the branches-and-subsidiaries).

2. The reinsurance web — the global risk-sharing (the local risks spread to the world market — the Munich-and-Swiss faces).

3. The trade's insurance dependency — the WTO world's cargo-and-credit insurances; the Incoterms' insurance terms.

4. The regulatory networks — the IAIS (the International Association of Insurance Supervisors) and the core principles; the solvency regimes' harmonisation (the Solvency II's influence).

5. The insurtech wave — the digital distribution, the usage-based covers, the parametric products (the pandemic-and-climate era's innovations).

6. The developing-country faces — the micro-insurance, the agriculture covers, the disaster- risk finance (the Nepali earthquake's lessons — the insurance gap's reality).

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