Friday, 31st July 2026
Khabor Wala Desk
Published: 9th March 2026, 4:48 AM
Karnaphuli Insurance PLC has once again demonstrated its regional leadership by winning the ICC Sixth Emerging Asia Insurance Awards 2025 in the Best Re-Insurance Category. The prestigious award was presented at a gala ceremony held at the Rembrandt Hotel in Bangkok, Thailand, where the company’s Chief Executive Officer, A. N. M. Fazlul Karim Munshi, received the honour on behalf of the organisation.
The Emerging Asia Insurance Awards recognise outstanding performance, innovation, and operational excellence in the insurance sector across South and Southeast Asia. In 2025, awards were distributed across 13 categories, covering top performers from Bangladesh, India, Nepal, Bhutan, Sri Lanka, and Myanmar. The Bangladesh Insurance Association participated as an associate partner, reflecting Bangladesh’s growing influence in the regional insurance landscape.
Karnaphuli Insurance’s recognition in the Best Re-Insurance Category was attributed to its innovative risk transfer strategies, sound re-insurance practices, and sustained industry growth. The award underscores the company’s consistent commitment to strengthening the insurance sector in Bangladesh while achieving international recognition.
| Award 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 |
| Customer Service Excellence | PQR Insurance | Sri Lanka |
| Risk Management Excellence | DEF Insurance | Myanmar |
| Other Categories (7 total) | Various Companies | Regional |
This accolade marks Karnaphuli Insurance’s sixth award at the Emerging Asia Insurance platform, highlighting a remarkable record of excellence and consistent recognition at the regional level. The company’s leadership emphasised that the award not only elevates its corporate standing but also enhances the reputation of Bangladesh’s insurance industry internationally.
CEO A. N. M. Fazlul Karim Munshi said, “Receiving this award reaffirms our dedication to innovation, customer-focused services, and industry leadership. We are proud to represent Bangladesh on a regional stage and will continue to uphold the highest standards in re-insurance and risk management.”
The Emerging Asia Insurance Awards continue to promote best practices, innovation, and cross-border collaboration, establishing benchmarks for excellence in the insurance sector across Asia.
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