436 546.68 USD is now fully paid by Mandarin Re Ltd. in compliance

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436 546.68 USD is now fully paid by Mandarin Re Ltd. in compliance
19 October 2020

436 546.68 USD is now fully paid by Mandarin Re Ltd. in compliance with its share of 14.12% against the loss claimed by Nasir Glass Ware & Tube Industries Limited, People’s Republic of Bangladesh Broker: Protection Re Reinsurance Brokers, Manama, Bahrain Type of Cover: IAR Insured event: fire caused by accidental explosion Survey report by: Janata Surveyors Limited & Youth Energetic Surveyors Survey report quote: “Cause of damages to the properties: Cause of loss due to the fire caused by accidental explosion. Cause of Explosion: The cause of explosion to the Furnace was due to sudden leakage of the Eastern wall of furnace tank and causing exposing and fire occurred inside the Furnace and other items