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Nepal's largest reinsurer cites $160m exposure to earthquake

nepal-earthquake
    • Andrew Tjaardstra

    • Indicative reading time: 1 minute

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The devastating earthquake in Nepal is expected to cost the largest reinsurer in the country GIC Re no more than $160m (£104m).

GIC Re conducts business with 13 general insurers in Nepal and is expecting claims from energy companiues, housing complexes and commercial buildings.

GIC Re has sent 10 surveyors to the region and

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