Deepak Kumar Dhoot Appointed Deputy CEO of Siddharth Premier Insurance

Kathmandu – Siddharth Premier Insurance Limited has appointed Deepak Kumar Dhoot as its new Deputy Chief Executive Officer (DCEO). The decision was made during the company’s 42nd meeting of the Board of Directors held on Ashoj 28 (October 14)....


LIC Refutes Washington Post Report on $3.9 Billion Adani Investment Claim

New Delhi — The Life Insurance Corporation of India (LIC) has categorically denied allegations made in a recent Washington Post report that claimed India’s Finance Ministry expedited a plan to channel nearly $3.9 billion (₹33,000 crore) of the state-owned...


Louvre Heist Losses Estimated at €88 Million

Paris — French authorities have estimated the losses from the dramatic Louvre Museum robbery at nearly €90 million, as investigators intensify their hunt for the criminal gang behind one of France’s most daring heists in decades. According to Paris...


Priceless Jewels Stolen From the Louvre in Heist, None Were Insured

Paris — In one of the most shocking art heists in recent history, thieves have stolen eight priceless royal jewels from Paris’s Louvre Museum — and none of the items were insured. According to France’s Ministry of Culture, the...


Health Insurance Board Suspends Additional Renewal Fee System Temporarily

Kathmandu — The Health Insurance Board has announced that it has temporarily suspended the provision of charging additional fees to families who failed to renew their health insurance policies on time. According to the Board’s latest directive, all registration...


Crisis Deepens at Nepal Reinsurance Following Board Resignations and Ongoing Allegations

Kathmandu — Nepal Reinsurance Company is facing internal difficulties after several board members stepped down in recent weeks. The situation has been further complicated by allegations of financial irregularities involving Chief Executive Officer Surendra Thapa, though he has denied...


Citizen Life Celebrates Eighth Anniversary with Nationwide Drive for Social Good and Inclusion

Kathmandu — Citizen Life Insurance Company Limited marked its eighth anniversary today by launching a nationwide celebration that blended community service with cultural pride. The company, which has built a strong foundation of trust and reliability over the past...


Seema Dangal’s Inspiring Journey with Citizen Life Insurance

Kathmandu – Life rarely unfolds in straight lines — it twists, surprises, and reshapes those who dare to follow its uncertain bends. For Seema Dangal, born in the serene town of Panauti, Kavre, those bends took her from the...


Siddhartha Premier Insurance Pays Rs. 1.25 Billion in Claims to Gen-Z Protest Victims Within 23 Working Days

Kathmandu – Nepali insurance companies have demonstrated their reliability by not only insuring but also swiftly compensating their clients. Siddhartha Premier Insurance Company has set a benchmark by paying insurance claims worth Rs. 1.25 billion to victims of the...


Siddhartha Premier Receives the Highest Insurance Claims from Gen-Z Protest; Over 1.95 Billion Paid So Far

Kathmandu – Insurance companies have begun disbursing large-scale claim payments following the Gen-Z protest. According to the latest data released by the Nepal Insurance Authority, non-life insurance companies have so far received Rs 23.19 billion in initial insurance claims...