Seminar on Risk Management and Insurance Held in Dhangadhi

March 23rd, 2025

Kathmandu – A seminar on risk management and contemporary issues in insurance was held in Dhangadhi on Saturday, organized by the Nepal Insurance Professional Society (NIPS) in collaboration with the Nepal Insurance and Risk Management Association (NIRMA).

Prakash Bam, Minister of State for Economic Affairs of Sudur Paschim Province, attended as the chief guest. He emphasized the importance of insurance in providing financial security during difficult times. “Insurance is a friend in times of trouble. However, due to internal issues and lack of awareness, not all citizens have been able to access insurance,” Bam said. He assured that the provincial government is prepared to support efforts to raise awareness and improve access to insurance.

Special guests Hridayashwar Pandit, Chief of Nepal Insurance Authority Sudur Paschim Province, and Surendra Thapa, CEO of Nepal Reinsurance, discussed the growing importance of insurance in managing financial risks.

Sunil Shrestha, President of NIPS Kailali, highlighted the seminar’s relevance in his welcome speech. The program was chaired by NIRMA President Prof. Dr. Rabindra Ghimire and conducted by Nar Bahadur Negi, Secretary of NIPS Kailali. Around 120 employees from life, non-life, and micro-insurance companies participated in the event.

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