Karnaphuli Insurance PLC has proudly received the ICC Sixth Emerging Asia Insurance Awards 2025 in the Best Re-Insurance Category, marking its sixth accolade at this prestigious regional event. The award was presented during a grand ceremony held at the Rembrandt Hotel in Bangkok, Thailand, where the company’s Chief Executive Officer, A. N. M. Fazlul Karim Munshi, accepted the honour.
The Emerging Asia Insurance Awards are designed to recognise excellence, innovation, and leadership in the insurance sector across the region. This year, awards were distributed across 13 categories, celebrating exceptional performance by companies from Bangladesh, India, Nepal, Bhutan, Sri Lanka, and Myanmar. The Bangladesh Insurance Association participated as an associate partner, highlighting Bangladesh’s growing role in the regional insurance landscape.
Karnaphuli Insurance was commended for its innovative re-insurance strategies, strong risk management practices, and consistent industry leadership. The award reinforces the company’s commitment to advancing the standards of the Bangladeshi insurance sector while fostering regional cooperation.
Emerging Asia Insurance Awards 2025 – Key Highlights
| Category | Winner | Country |
|---|---|---|
| Best Re-Insurance | Karnaphuli Insurance PLC | Bangladesh |
| Best Life Insurance | XYZ Life Assurance | India |
| Best Non-Life Insurance | ABC General Insurance | Nepal |
| Innovation in Insurance | LMN Insurance | Bhutan |
| Excellence in Customer Service | PQR Insurance | Sri Lanka |
| Risk Management Excellence | DEF Insurance | Myanmar |
| Other Categories (7 in total) | Various Companies | Regional |
This recognition marks a significant milestone for Karnaphuli Insurance, reflecting its sixth award from the Emerging Asia Insurance platform. The company’s leadership noted that such achievements not only elevate the corporate profile but also strengthen the reputation of Bangladesh’s insurance industry on a regional and international scale.
CEO A. N. M. Fazlul Karim Munshi commented, “We are honoured to receive this award once again. It reflects the dedication of our team and our commitment to providing innovative, reliable, and comprehensive insurance solutions. We remain focused on raising industry standards and representing Bangladesh with excellence in every forum.”
The Emerging Asia Insurance Awards continue to serve as a benchmark for performance, innovation, and leadership in the insurance sector, fostering regional collaboration and best practice exchange among companies across Asia.