Karnaphuli Insurance PLC has been honoured with the prestigious ICC Sixth Emerging Asia Insurance Awards 2025 in the Best Re-Insurance Category. The award ceremony took place at the luxurious Rembrandt Hotel in Bangkok, Thailand, where the company’s Chief Executive Officer, A. N. M. Fazlul Karim Munshi, received the accolade on behalf of the organisation.
The Emerging Asia Insurance Awards recognise excellence, innovation, and leadership in the insurance sector across the region. This year, awards were presented across 13 categories, highlighting outstanding contributions from companies operating in Bangladesh, India, Nepal, Bhutan, Sri Lanka, and Myanmar. As part of its commitment to supporting regional insurance excellence, the Bangladesh Insurance Association participated as an associate partner of the event.
In receiving the Best Re-Insurance Award, Karnaphuli Insurance was commended for its robust risk management strategies, innovative re-insurance solutions, and consistent growth in a competitive market. The achievement underscores the company’s ongoing efforts to strengthen Bangladesh’s insurance sector while fostering international collaboration.
Regional Awards Overview – Emerging Asia Insurance Awards 2025
| Category | Winner | Country |
|---|---|---|
| Best Life Insurance | XYZ Life Assurance | India |
| Best Non-Life Insurance | ABC General Insurance | Nepal |
| Best Re-Insurance | Karnaphuli Insurance PLC | Bangladesh |
| Best Innovation in Insurance | LMN Insurance | Bhutan |
| Best Customer Service | PQR Insurance | Sri Lanka |
| Excellence in Risk Management | DEF Insurance | Myanmar |
| Other Categories (7 in total) | Various Companies | Regional |
This marks Karnaphuli Insurance’s sixth recognition at the Emerging Asia Insurance Awards, reflecting a consistent record of excellence and international acclaim. The company’s leadership emphasised that such recognition not only elevates the corporate profile but also contributes to enhancing the reputation of Bangladesh’s insurance industry on the global stage.
CEO A. N. M. Fazlul Karim Munshi remarked, “This award is a testament to our dedicated team, our innovative approach, and our unwavering commitment to providing reliable and comprehensive insurance solutions. We are proud to represent Bangladesh at a regional level and will continue striving for excellence in every facet of our business.”
The Emerging Asia Insurance Awards continue to serve as a benchmark for insurance companies across the region, promoting best practices, innovation, and regional collaboration.