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Nepal Insurance – World Insurance Companies Logos. Click on the insurers logos to get a lot of up-to-date information for each insurer in NEPAL. We would like to help you find the best coverage online. 

Insurance Company Logos in Nepal

List of Insurance logo and names in Nepal. The graphic mark of a company is synonymous with its brand. A logo is immediately recognizable and allows the customer to associate the enterprise with the useful qualities such as trust, the right price, and many other vital issues about finding the best insurance. Find the best coverage costs, coverage and claim support. Select the insurer you have confidence in.

BACKGROUND

Beema Samiti, is the Regulatory Authority of Nepal, The line ministry of the Finance Ministry. The word ‘Beema’ means ‘Insurance’ and ‘Samiti’ connotes ‘Board’.
Hence, the Word ‘Beema Samiti’ is synonymous to Insurance Board, which is constituted to systematize, regularize, develop and regulate the insurance business within the country under Act, 1992. This Samiti (Board) looks, after all, the insurance-related activities in the State of Nepal. As a regulatory body, the Board’s main concern is to create a professional, healthy and developed insurance market in Nepal.

Furthermore, after the restoration of democracy in 1990 AD, insurance, environment began to change simultaneously along with other factors. Thus to meet the requirements of the changing situation, Act, 1968 was repelled by new Ins. Act, 1992 (Beema Ain, 2049). The preamble of the Act clearly states the purpose of the Act, thus “to establish an Insurance Board to systematize, regularize, develop and regulate the insurance business”. To achieve the goal of the preamble, Beema Samiti, is formed as an autonomous body the Ins. Act of 1992.​

• From Beema Samiti (Insurance Board)

FUNCTION, DUTIES AND POWER

In order to systematize, regularize, develop and regulate the insurance business in the Kingdom, the following functions, duties and powers are conferred on Beema Samiti:
Provide suggestions to Nepal Govt. to formulate necessary policy for systematizing, regularizing, developing and regulating the insurance business,
Set out guidelines for insurers to invest their fund and prescribe the priority sectors for such investment,
Register and renew the Insurer, Insurance Agent, Surveyor or Broker and to cancel or cause to cancel such registration,
Arbitrate in the disputes, which arises between the insurer and insured,
Make decision on the complaints filed by the insurer regarding the settlement of liability of the insurance,
Issue necessary directives to the insurer from time to time regarding insurance business,
Formulate necessary basis fo the protection of interest of the insured, and
Do, or caused to do, other necessary functions regarding insurance business.

• From Beema Samiti

REINSURANCE DIRECTIVE FOR LIFE INSURANCE 

Insurance Board has issued the following Reinsurance Directive for Life Insurance – 2065 for the purpose of Sub-Rule (2) of Rule 6 of Insurance Regulation, 1993 by making reinsurance policy and provision pursuant to the authority given by section 28 of Ins. Act,1992 to manage the provision of reinsurance of all Insurers.

1. Brief Name and Commencement

(1) The name of this directive shall be Reinsurance Directive for Life Insurance – 2065.

(2) This directive shall commence from the date set by the Board.

2. Reinsurance Provision

(1) The insurer has to make appropriate reinsurance policy according to its underwriting policy, net worth and its risk.

(2) Under the reinsurance policy made per Sub-directive (1), following points have to be included.

(a) Type of reinsurance,

(b) Basis of selection of reinsurer (including leader),

(c) Basis of selection of reinsurance broker,

(d) Internal control system to monitor the reinsurance arrangements,

(e) Insurer’s retention limit under each reinsurance,

(f) Maximum reinsurance limit under each reinsurance, and

(g) Other necessary information.

(3) (a) Insurer’s Board of Directors or the official authorized by Board of Directors has to prepare reinsurance policy as per Sub-directive (2) for each fiscal year and submit to the Insurance Board, at least, thirty (30) days before the end of each fiscal year.

(b) The Insurance Board should be notified about any reinsurance arrangement that took place separately during the mid of the period.

In the case of the insurer not having its head office in Nepal, this office will have to prepare its reinsurance policy and submit to the Board as per this directive.

(4) The insurer has to submit to the Insurance Board the attested copy of Signed Slip/Cover Note of Reinsurance Treaty done for each fiscal year within forty-five (45) days after treaty becomes effective. However, this provision will not be applicable for facultative reinsurance.

(5) Irrespective of anything written anywhere in this directive, the Insurer has to amend its reinsurance provisions as necessary upon immediate review of the same in the case of the amendment in underwriting policy, the financial condition of the Insurer getting worse/adverse, the rating of the Reinsurer going down or other necessary condition.

(6) The Insurance Board can give necessary instruction on the reinsurance policy submitted as per Sub-directive (3) and reinsurance treaty submitted as per Sub-directive (4).

(7) Reinsurance policy or treaty has to be amended per instruction of the Insurance Board as per Sub-directive (6).

3. Risk retention by the insurer Insurer cannot reinsure 100% of risk without retaining some portion of risk covered by each policy of the insurer.

4. Need for reinsurance

(1) The insurer has to reinsure the remaining portion of risk after retaining the risk of its own.

(2) Policy cannot be issued without adequate reinsurance arrangements of the portion, which cannot be retained as per

Sub-directive (1).

(3) Necessary process for renewal of reinsurance treaty has to be started thirty (30) days prior to the expiry of reinsurance arrangement under Treaty done as per Sub-directive (1).

(4) While reinsuring as per Sub-directive (1), reinsurance arrangement should be made in a manner that any risk covered by the policy of the insurer is not skipped.

(5) While reinsuring as per Sub-directive (1), reinsurance has to be done with local insurer registered with the Board, Reinsurance Company registered in Nepal or Reinsurance Company registered overseas.

(6) While doing reinsurance with reinsurance company registered overseas as per Sub-directive (5), Reinsurer should be selected considering the Reinsurer’s capital, goodwill, capacity and experience as well.

But, reinsurance for a leader cannot be done with reinsurance company having credit rating less than BBB under the rating of Credit Rating Agency recognized to rate the Insurer/Reinsurer internationally.

(7) While submitting copy of reinsurance treaty pursuant to Subdirectory (4) of Directive 2, proof of Reinsurer’s rating has to be enclosed.

(8) In the case of a decrease in a rating of the Reinsurer as per Subdirectory (6), reinsurance arrangement with such Reinsurer should not be renewed.

(9) Risk cannot be covered without confirmation of Reinsurer in case facultative reinsurance is required. Such Reinsurer should be selected considering the Reinsurer’s capital, goodwill, capacity and experience as well.

(10)The insurer is not having its Head Office in Nepal is not allowed to do a transaction with its Head Office as Reinsurer.

5. Insurer’s retention

(1) Insurer’s top retention per life under the policy issued by the insurer doing life insurance business should not be more than 0.1% of its net worth in Nepal.

(2) Maximum retention per life can be up to Rs.300,000 in the case of an insurer having its main office in overseas.

Note: It would be appropriate to downgrade its retention according to the nature of risk while the Insurer determines retention. The insurer can determine any one risk on its own.

6. Catastrophe Reinsurance requirement:

(1) Adequate Catastrophe Reinsurance has to be done for the risk under the policy issued by the Insurer.

(2) The maximum retention limit under Catastrophe Reinsurance Treaty can be up to Rs.20, 000,000 (20 million).

(3) Appropriate and sufficient Catastrophe Reinsurance should be done for the sum of Net Liability retained by the insurer per directive-4, sub-directive 1 & 2 and Probable Maximum Loss on the insurance coverage inside a geographical region having the highest number of insurance coverage under the policy issued by an insurer.

Clarification: For the purpose of this directive, geographical region indicates Kathmandu valley and sub-metropolitan cities outside the Kathmandu valley.

(4) In case where it is not possible to segregate insurance coverage issued in a geographical region per Sub-directive (3), the Catastrophic Reinsurance should be based on the sum of Ne

Liability retained by the Insurer as per Directive 4, and the Probable Maximum Loss.

7. Provision regarding selection of reinsurance broker

(1) Insurer can do reinsurance directly or through reinsurance

broker.

(2) In the case of reinsuring through reinsurance broker, selection has to be done considering the broker’s capital, goodwill, capacity and experience.

(3) While doing reinsurance through reinsurance broker, proof of

Professional Indemnity Policy done through such broker has to be acquired.

(4) Reinsurance broker as per Sub-directive (2) should be at least BBB rating from Credit Rating Agency as per Sub-directive (6) of Directive 4.

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Myanmar Insurance – World Insurance Companies Logos. Click on the insurers logos to get a lot of up-to-date information from every insurer in MYANMAR. We would like to help you find the best coverage online. 

Insurance Company Logos in Myanmar

The graphic mark of a company is synonymous with its brand. A logo is immediately recognizable and enables the client to associate the company with the useful qualities such as trust, the fair price, and many other essential questions about the task of finding the best coverage.

Myanmar Insurance Business Law 

CHAPTER V

Application for Business Licence and Granting Thereof 

8. A company desirous of writing one or more of the following insurance classes shall apply for business licence to the Supervisory Board in accordance with the stipulations: 

(a) Life Assurance; 

(b) Fire Assurance; 

(c) Comprehensive Motor Insurance; 

(d) Cash-in-transit Insurance; 

(e) Cash-in-safe Insurance;

(f) Fidelity Insurance; 

(g) Classes of insurance permitted by the Ministry from time to time, by notification with the approval of the Government.

9. A company desirous of acting as an underwriting agent or assurance broker shall apply for the business license to the Supervisory Board in accordance with the stipulations. 

10. The Supervisory Board may: – 

(a) after scrutinizing in accordance with the stipulations, the application submitted under section 8 or section 9, grant or refuse the business licence; 

(b) ask for and examine documents in scrutinizing the application for the business licence.

CHAPTER VI

Duties of an Insurer, Underwriting Agent or Insurance Broker 

11. An insurer, underwriting agent or insurance broker shall; – 

(a) abide by the provisions of this Law, rules, procedures, orders and directives made hereunder; 

(b) abide by the relevant conditions of the business licence;

(c) not transfer his business licence;

(d) maintain account books and records which indicate clearly his performance and financial standing to enable systematic and easy auditing;

(e) audit annual statements yearly, according to the financial year; 

(f) if the business licence is cancelled, maintain the assets owned to the amount equivalent to the liabilities thereof within Myanmar;

(g) not open any branch office of the insurance business without the permission of the Supervisory Board. 

12. If an insurer or underwriting agent transacts life assurance business, he: – 

(a) shall cause an actuary to calculate and determine life assurance premium rates;

(b) shall invest only the amount proposed by the actuary out of the fund of life assurance;

(c) shall cause an actuary to evaluate the life assurance business at least once in every 4 years and submit the report thereof to the Supervisory Board m accordance with the stipulations;

(d) shall re-evaluate with another actuary if directed by the Supervisory Board when the report submitted under subsection (c) is deemed unacceptable or is believed to be detrimental to the interests of the insured; 

(e) if there is a surplus in the evaluation by the actuary may draw it out unless it is contrary to any existing law or any contract. However, such drawn-out shall not exceed one-fourth of the amount designated as profit for the insurance policy-holders; 

(f) shall pay death claim only to the beneficiary in accordance with the conditions of the life assurance policy. If the beneficiary is a minor, it shall be paid to his natural parents or adoptive parents or lawful guardian;

(g) in the case where the beneficiary dies before the assured and the assured has not re-transferred the title of benefits, shall pay the death claim in the following order: – 

(1) husband or wife; 

(2) children; 

(3) grandchildren; 

(4) brothers and sisters; 

(5) parents. 

13. An insurer or underwriting agent shall; – 

(a) submit programmes of reinsurance to the Supervisory Board;

(b) not revise without the permission of the Supervisory Board, surrender value of life assurance, paid-up value, loans and interest rates and commission rates which were approved by the Supervisory Board; 

(c) collect only according to the premium rate which was approved by the Supervisory Board;

(d) carry out the arrangement of investment only with the approval of the Supervisory Board; (e) maintain supporting documents of assets of any insurance fund within the State and submit to the Supervisory Board on how they have been maintained. The maximum value of assets shall be as determined according to the type of insurance by the Supervisory Board;

(f) establish the main fund according to the type of relevant general insurance business. Such fund shall be utilised only for the liabilities and expenses relating to the relevant type of insurance business;

(g) if, the Supervisory Board directs to establish any other funds according to the relevant type of general insurance, in addition to the main fund mentioned m subsection (f), comply as so directed; 

(h) in abolishing the insurance business first replenish the remaining fund, after payment of all the liabilities and expenses, into other diminishing insurance funds; 

(i) have the right to draw a surplus amount of other insurance funds with the permission of the Supervisory Board; 

(j) apportion his assets to all the policyholders if adjudicated an insolvent or if unable to meet his liabilities. The liability to pay the policyholders shall have priority over other insurance except the preferential payments mentioned in section 230 of the Myanmar Companies Act. 

From Myanmar

Insurance in Myanmar, Asia – World Insurance Companies Logos

Mongolia Insurance – World Insurance Companies Logos. Click on the insurers logos to get a bunch of up-to-date information from every insurer in MONGOLIA. We wish to help you find the best coverage through the Internet. 

Insurance Company Logos in Mongolia

The graphic mark of a company is synonymous with its brand. A logo is immediately recognizable and allows the client to associate the company with the useful qualities like trust, the right price, and many other vital issues about finding the best assurance.

Mongolia health insurance

Mongolia does not have a mandatory national health assurance system. However, the Mongolian government has been working towards implementing a universal health coverage system in recent years. The government provides basic health care services through the State Central Hospital and other public healthcare facilities.

The Mongolian healthcare system is administered by the Ministry of Health, and it is primarily financed by the Social Health Insurance Fund (SHIF). The SHIF collects contributions from employers, employees, and the self-employed to fund health care services.

Under the Mongolian healthcare system, all Mongolian citizens and permanent residents are entitled to receive basic health care services. These services include primary care, specialist care, hospitalization, emergency care, and preventive services.

In addition to the public health care system, private health assurance options are available in Mongolia. These private health assurance plans offer coverage for medical expenses, including hospitalization, doctor visits, and certain treatments. The coverage and premiums of these plans may vary depending on the provider and the specific policy.

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Maldives Insurance – World Insurance Companies Logos. Click on the insurers logos for a bunch of up-to-date information available to every MALDIVES insurer. We would like to help you find the best coverage online. 

Insurance Companies Logos in Maldives

The graphic mark of a company is synonymous with its brand. A logo is immediately recognizable and allows the customer to associate the enterprise with the useful qualities such as trust, the right price, and many other vital issues about finding the best insurance.

Types, Non Life and Life Insurance

1. Accidents
Fixed pecuniary benefits, benefits in the nature of indemnity, or a combination of both, 
against the risks leading to:  
1. Bodily injury as a result of an accident or of an accident of a specified class. 
2. Death as a result of an accident, or an accident of a specified class.  
3. Incapacity as a result of an accident or of an accident of a specified class, inclusive of industrial injuries and occupational disease, but exclusive of Medical Insurance and the Permanent Health Insurance.  
2. Medical.
Fixed pecuniary benefits, benefits in the nature of indemnity, or a combination of both against loss attributable to sickness or infirmity, but exclusive of Permanent Health Insurance. 
3. Land vehicles.  
a. Loss and damage to land motor vehicles. 
b. Loss or damage to land vehicles other than land motor vehicles. 
4. Railway Locomotives and Wagons.
Loss and damage to railway locomotives and wagons. 
5. Aircraft.
Loss and damage to aircraft. 
6. Ships.
Loss and damage to ships, vessels and boats used on the seas, lakes, rivers or canals.  
7. Goods in Transit.
Loss and damage to goods or baggage in transit irrespective of the form of transport.   18
8. Fire and Natural Forces. 
Loss and damage to property (exclusive of the property falling under paragraphs 3-7 of this regulation) due to fire, explosion, storm, natural forces (other than the storm) nuclear energy risk and land subsidence.  
9.  Other Damage to Property.
Loss and damage to property (exclusive of the property falling under paragraphs 3-7 of this regulation) due to hail or frost or any other event such as theft, other than those falling under paragraph  (8) of this regulation.    
10.    Land Motor Vehicles’ Liability.  
Liability arising out of the use of motor vehicles on land, including carrier’s liability. 
11.   Aircraft Liability. 
Liability arising out of the use of aircraft, including the carrier’s liability. 
12.   Ship Liability.
Liability arising out of the use of ships, vessels, and both on the seas, lakes, rivers or canals, including carrier’s liability. 
13.   General Liability.
All liabilities other than those covered under paragraphs (10) (11) and (12) of this regulation. 
14.   Credit.
Insolvency (in general), export credit, installment credit, mortgage, and agricultural credit. 
15.  Suretyship.  
        Direct and indirect suretyships. 
16.   Miscellaneous Financial Loss       
Maldives – Loss due to any of the following risks: 
1. Interruption of business carried on by the insured, or reduction of the scope of business so carried on. 
2. Incurring unforeseen expenses. 
3. The financial loss of the insured involving neither of the above.  
17.   Legal Expenses.
The loss to the person insured attributable to legal expenses incurred, including litigation costs.  
18.   Assistance.
 Providing either of the following. 
1. In cash or in-kind assistance to persons who get into difficulties while traveling, while away from home or while away from their permanent residence, or  
2. In cash or in-kind assistance to the person who gets into difficulties in cases other than above.
 
From  I N S U R A N C E   I N D U S T R Y   R E G U L A T I O N S

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Health in Malaysia

The health system in Malaysia is a mix of public and private healthcare services. The Ministry of Health (MOH) is responsible for overseeing and regulating the public healthcare sector, while the private sector operates independently. Here are some key points about health in Malaysia:

• Healthcare System: Malaysia has a dual-tier healthcare system, consisting of government-funded facilities and private healthcare providers. The government aims to provide affordable and accessible healthcare services to all Malaysians through public hospitals and clinics.
• Public Healthcare: The public healthcare sector in Malaysia comprises government-run hospitals, clinics, and health centers. The Ministry of Health operates a network of hospitals and clinics throughout the country, providing a wide range of services from primary care to specialized treatments. These services are heavily subsidized by the government, making healthcare affordable for Malaysians.
• Private Healthcare: Private healthcare in Malaysia is well-developed and offers high-quality medical services. Private hospitals and clinics are more expensive compared to public facilities, but often provide more comfortable amenities and shorter waiting times. Many private hospitals in Malaysia are internationally accredited and attract medical tourists from around the world.
• National Health Insurance: Malaysia has a mandatory social health insurance program called the MySalam scheme. The program provides financial assistance to low-income households and individuals in the event of hospitalization or critical illness. The government also introduced a voluntary health insurance scheme called the MyHealth Plus initiative to provide additional coverage options for Malaysians.
• Communicable Diseases: Malaysia has made significant progress in combating communicable diseases. The country has effective control programs for diseases such as tuberculosis, malaria, and dengue fever. The Ministry of Health regularly conducts disease surveillance and implements preventive measures to minimize outbreaks.
• Non-Communicable Diseases: Non-communicable diseases (NCDs) pose a significant health challenge in Malaysia, as they are the leading cause of morbidity and mortality. The government has implemented various initiatives to promote healthy lifestyles and raise awareness about NCDs. These include public health campaigns, screening programs, and measures to control risk factors like smoking, unhealthy diet, and sedentary behavior.
• Medical Tourism: Malaysia is known for its medical tourism industry, attracting patients from neighboring countries as well as countries further afield. The country offers a wide range of medical treatments and procedures at competitive prices, coupled with internationally trained healthcare professionals and modern medical facilities.

Insurance in Malaysia, Asia – World Insurance Companies Logos

 Lebanon Insurance – World Insurance Companies Logos. The pages of this website contain a wealth of vital information about all types of coverage issues in LEBANON. By clicking the symbol of insurers can immediately access this updated information.

Insurance Companies Logos in Lebanon

Insurance Companies Logos and Names In Lebanon. Research and compare insurers to find the one that best suits your needs.

Health in Lebanon

Lebanon’s healthcare system has faced significant challenges in recent years, including a struggling economy, political instability, and the impact of the COVID-19 pandemic. Here are some key points about health in Lebanon:

• Healthcare Infrastructure: Lebanon has a relatively well-developed healthcare infrastructure compared to many other countries in the region. The country has numerous hospitals, clinics, and healthcare centers, especially in urban areas like Beirut.
• Public and Private Sectors: Lebanon has both public and private healthcare sectors. The public sector is represented by the Ministry of Public Health, which operates several public hospitals and primary healthcare centers. The private sector, on the other hand, includes privately-owned hospitals and medical facilities.
• Challenges and Struggles: In recent years, the healthcare system in Lebanon has faced numerous challenges. The country has been grappling with a severe economic crisis, which has led to currency devaluation, inflation, and shortages of essential medical supplies. These issues have put a strain on healthcare services and made it difficult for some people to access affordable and quality healthcare.
• Access to Healthcare: Access to healthcare in Lebanon has become more challenging for many individuals due to the economic crisis. The cost of medical services and medications has increased significantly, making it difficult for some people to afford necessary treatments. Additionally, the strained healthcare system has led to overcrowding in hospitals and longer wait times for medical care.
• COVID-19 Pandemic: Like many other countries, Lebanon has been significantly impacted by the COVID-19 pandemic. The healthcare system has faced immense pressure due to the increased demand for medical services, shortage of medical supplies, and the need for ICU beds. The pandemic has further exacerbated the existing healthcare challenges in the country.

Insurance in Lebanon, Asia – World Insurance Companies Logos

Laos Insurance – World Insurance Companies Logos. Click on the insurers logos to get a lot of up-to-date information offering to every LAOS insurer. Our goal is to help you find the best coverage online. 

Insurance Company Logos in Laos

The graphic mark of a company is synonymous with its brand. In insurance, a logo is immediately recognizable and enables the client to associate the company with the useful qualities such as trust, fair price, and many other vital questions on the job of finding the best assurance.

Health in Laos

Health in Laos, a landlocked country in Southeast Asia, has seen significant improvements in recent years. However, there are still several challenges that the country faces in terms of healthcare infrastructure, access to quality healthcare services, and public health issues. Here are some key points about health in Laos:

• Healthcare System: The healthcare system in Laos is primarily government-funded and is administered by the Ministry of Health. The system is decentralized, with health care services provided at different levels, including central hospitals, provincial hospitals, district hospitals, and health centers.
• Infrastructure and Resources: While there have been efforts to improve healthcare infrastructure, particularly in urban areas, there is still a significant disparity between rural and urban areas. In rural regions, healthcare facilities and resources are often limited, and access to specialized care can be challenging.
• In health Caracas to Healthcare: Access to health care remains a major challenge in Laos, especially for remote and marginalized communities. Geographical barriers, including rugged terrain and lack of transportation, can make it difficult for people to reach healthcare facilities. Additionally, financial constraints and a lack of health insurance coverage can be barriers to accessing health care services.
• Communicable Diseases: Laos faces various communicable diseases, including malaria, dengue fever, tuberculosis, and HIV/AIDS. Efforts have been made to control and prevent these diseases, but their prevalence remains a concern, particularly in rural areas.
• Maternal and Child Health: Maternal and child health indicators have shown improvement over the years, but challenges persist. Access to skilled birth attendants, prenatal care, and postnatal care is crucial to reducing maternal and infant mortality rates. Malnutrition and limited access to clean water and sanitation facilities also affect child health.
• Non-communicable Diseases: Non-communicable diseases (NCDs) such as cardiovascular diseases, diabetes, and cancer are on the rise in Laos. This can be attributed to changing lifestyles, including unhealthy diets, tobacco use, and sedentary behavior. Prevention and control of NCDs are becoming priorities in the country’s health agenda.
• Healthcare Workforce: Laos faces a shortage of healthcare professionals, particularly in rural areas. There is a need to increase the number of trained doctors, nurses, and other healthcare providers to improve the availability and quality of healthcare services.
• International Aid and Partnerships: Laos receives assistance from various international organizations and partners to support its healthcare system. These collaborations aim to improve healthcare infrastructure, strengthen health systems, and address specific health issues.

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Kyrgyzstan Insurance – World Insurance Companies Logos. Click on the insurance company logos to get a bunch of up-to-date information from every insurer in Kyrgyzstan. We would like to help you find the best insurance online. 

Insurance Companies Logos in Kyrgyzstan

Insurance Companies Logos in Kyrgyzstan. The graphic mark of a company is synonymous with its brand. In insurance, a logo is immediately recognizable and allows the customer to associate the enterprise with the useful qualities such as trust, the right price, and many other vital issues about finding the best insurance.

Economy of Kyrgyzstan

​Kyrgyzstan is a mountainous country with a dominant agricultural sector. Cotton, tobacco, wool, and meat are the main agricultural products, although only tobacco and cotton are exported in any quantity. According to Healy Consultants , the economy relies heavily on the strength of industrial exports, with plentiful reserves of gold, mercury, uranium and natural gas. The economy also relies heavily on remittances from foreign workers.

Following independence, Kyrgyz were progressive in carrying out market reforms, such as an improved regulatory system and land reform. Kyrgyz were the first Commonwealth of Independent States (CIS) country to be accepted into the World Trade Organization. Much of the government’s stock in enterprises has been sold.

Kyrgyzstani economic performance has been hindered by widespread corruption, low foreign investment and general regional instability. Despite political corruption and regional instability, Kyrgyz is ranked 70th (as of 2013) on the Ease of doing Business Index.

Mining and minerals
In the post-Soviet era, mining has been an increasingly important economic activity. The Kumtor Gold Mine, which opened in 1997, is based on one of the largest gold deposits in the world. New gold mines are planned at Jerooy and Taldy–Bulak, and a major gold discovery was announced at Tokhtonysay in late 2006. The state agency Kyrgyzaltyn owns all mines, many of which are operated as joint ventures with foreign companies. Uranium and antimony, important mineral outputs of the Soviet era, no longer are produced in significant amounts.

Although between 1992 and 2003 coal output dropped from about 2.4 million tons to 411,000 tons, the government plans to increase exploitation of Kyrgyzstan’s considerable remaining deposits (estimated at 2.5 billion tons) in order to reduce dependency on foreign energy sources. A particular target of this policy is the Kara–Keche deposit in northern Kyrgyzstan, whose annual output capability is estimated at between 500,000 and 1 million tons. The small domestic output of oil and natural gas does not meet national needs

Agriculture
Agriculture remains a vital part of Kyrgyz economy and a refuge for workers displaced from industry. Subsistence farming has increased in the early 2000s. After sharp reductions in the early 1990s, by the early 2000s agricultural production was approaching 1991 levels. Grain production in the lower valleys and livestock grazing on upland pastures occupy the largest share of the agricultural workforce. Farmers are shifting to grain and away from cotton and tobacco. Other important products are dairy products, hay, animal feed, potatoes, vegetables, and sugar beets.

Agricultural output comes from private household plots (55 percent of the total), private farms (40 percent), and state farms (5 percent). Further expansion of the sector depends on banking reform to increase investment, and on market reform to streamline the distribution of inputs. Land reform, a controversial issue in Kyrgyz, has proceeded very slowly since initial legislation in 1998. The irrigation infrastructure is in poor condition. Agriculture contributes about one-third of the GDP and more than one-third of employment.

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Health in Kuwait

Kuwait has a relatively well-developed healthcare system, with both public and private healthcare facilities available to its residents. The Ministry of Health in Kuwait is responsible for overseeing and providing healthcare services in the country. The government has made significant investments in healthcare infrastructure and has taken steps to improve the quality of healthcare services.

Public healthcare services in Kuwait are provided through a network of government hospitals and primary healthcare centers. These facilities offer a range of medical services, including general healthcare, specialist consultations, emergency care, and diagnostic tests. Public healthcare in Kuwait is available to Kuwaiti citizens and expatriate residents, with Kuwaiti citizens receiving health care services free of charge.

In addition to the public healthcare system, there are several private hospitals, clinics, and medical centers in Kuwait. Private healthcare providers often offer more specialized services and cater to both Kuwaiti citizens and expatriates. However, private healthcare services typically come at a higher cost.

Kuwait faces similar health challenges as many other countries, such as chronic diseases, obesity, and lifestyle-related health issues. The government has implemented various initiatives to promote healthy lifestyles and raise awareness about these issues. Preventive healthcare programs, public health campaigns, and screenings are conducted to detect and manage diseases early.

In response to the COVID-19 pandemic, Kuwait has implemented measures to prevent the spread of the virus. These measures include testing, contact tracing, quarantine protocols, and vaccination campaigns. It is crucial to refer to official sources, such as the Kuwait Ministry of Health, for the latest information on COVID-19 guidelines, restrictions, and vaccination efforts.

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Kuwait Insurance – World Insurance Companies Logos

Health in North Korea

North Korea’s healthcare system is primarily operated and funded by the government. The healthcare system in North Korea is known to face various challenges, including limited resources, outdated infrastructure, and a lack of access to modern medical technology and supplies.

The government of this country provides universal health care to its citizens, which theoretically guarantees free medical services to all. However, in reality, the health care system faces numerous issues that affect the quality and accessibility of healthcare services.

There have been reports of a shortage of medical supplies and equipment in North Korean hospitals, including necessities such as medications and surgical supplies. Additionally, the country’s healthcare infrastructure is often described as outdated, with limited facilities and equipment. Specialized treatments and access to modern medical technology may be limited.

Furthermore, it’s worth noting that obtaining accurate and comprehensive information about the healthcare system in North Korea is challenging due to limited transparency and restricted access for independent observers. Reports from international organizations and defectors suggest that the healthcare system may prioritize the healthcare needs of the ruling elite and major cities over those of rural areas.

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North Korea, Asia – World Insurance Companies Logos