Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '265',
'hit' => '1260'
)
)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]Code Context $user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '265',
'hit' => '1260'
)
)
)
$current_user = null
$logged_in = false
$user = null
include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]Code Context //find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '265',
'hit' => '1260'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 62]Code Context<?php
echo $this->Html->meta(array('name' => 'description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '265',
'hit' => '1260'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
$user_id = null
include - APP/View/MagazineArticles/view.ctp, line 62
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Undefined index: summary [APP/View/MagazineArticles/view.ctp, line 68]Code Context echo $this->Html->meta(array('property' => 'og:title', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['title']), null, array('inline' => false));?>
<?php
echo $this->Html->meta(array('property' => 'og:description', 'type' => 'meta', 'content' => $magazineArticle['MagazineArticle']['summary']), null, array('inline' => false));?>
$viewFile = '/var/www/html/newbusinessage.com/app/View/MagazineArticles/view.ctp'
$dataForView = array(
'magazineArticle' => array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
[maximum depth reached]
)
)
),
'current_user' => null,
'logged_in' => false
)
$magazineArticle = array(
'MagazineArticle' => array(
'id' => '265',
'magazine_issue_id' => '102',
'magazine_category_id' => '0',
'title' => 'Insuring the Nepali Sky',
'image' => null,
'short_content' => null,
'content' => '<div>
<div>
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved. </div>
<div>
</div>
<div>
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents. </div>
<div>
</div>
<div>
<em><strong>Uttammani Dhungana, Sagarmatha College</strong></em></div>
<div>
</div>
</div>
<p>
</p>',
'status' => true,
'publish_date' => '0000-00-00',
'created' => '2013-07-22 00:00:00',
'modified' => '2013-07-22 00:00:00',
'keywords' => 'new business age feedback news & articles, feedback news & articles from new business age nepal, feedback headlines from nepal, current and latest feedback news from nepal, economic news from nepal, nepali feedback economic news and events, ongoing feedback news of nepal',
'description' => 'Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit',
'sortorder' => '245',
'feature_article' => true,
'user_id' => '0',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '102',
'image' => 'small_1371727405.jpg',
'sortorder' => '42',
'published' => true,
'created' => '2013-06-20 04:26:41',
'modified' => null,
'title' => 'Feedback',
'publish_date' => '0000-00-00',
'parent_id' => '59',
'homepage' => false,
'user_id' => '0'
),
'MagazineCategory' => array(
'id' => null,
'title' => null,
'sortorder' => null,
'status' => null,
'created' => null,
'homepage' => null,
'modified' => null
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '265',
'hit' => '1260'
)
)
)
$current_user = null
$logged_in = false
$user = null
$groupId = null
$user_id = null
include - APP/View/MagazineArticles/view.ctp, line 68
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Insuring the Nepali Sky
Insurance, anywhere is considered a profitable business. However it is not the case of Nepal. According to the cover story of February 2013 issue of New Business Age, the aviation insurance in Nepal is collecting impressive premiums but failing to register similar profit. One of the reasons stated is high premium paid to the foreign reinsurer companies. If a domestic reinsurance company can be brought into the scene, the money that is going abroad can be saved.
Another probable reason for the aviation insurance to become a loss making business is the high rate of accidents under the Nepali sky. The frequent air crashes lead to higher compensation payment to the insured. This also increases the premium to be paid to the reinsures who have vowed to bear all the risks. It is obvious that whenever there is higher risk, the reinsurers will seek higher premiums. So, ultimately the insurance premium for the aircrafts flying into the high mountain areas becomes high. Unless, the high risks of the aviation industry in Nepal are managed, profitable aviation insurance seems to be a far cry. For that, more safety measures need to be undertaken by the airlines as well as better technology for navigation and other systems must be in place which helps to minimize the air accidents.
Uttammani Dhungana, Sagarmatha College
