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...


Non-Renewal Policies Rise in Nepal’s Life Insurance Sector

Kathmandu — The policy surrender rate of life insurance companies in Nepal has seen a notable decline, though the number of non-renewed policies continues to rise, signaling mixed trends in the country’s life insurance business. According to recent data...


Employment in Insurance Sector on the Rise as Coverage Expands Across Nepal

Kathmandu — Nepal’s insurance sector has emerged as one of the most attractive employment destinations in recent years, providing job opportunities to more than 12,000 people nationwide. The growth of the industry, coupled with increased awareness and training programs,...


Nepal Reinsurance Company Releases Rs 2.5 Billion in Advance Payments to Insurers

Kathmandu — The Nepal Reinsurance Company (Nepal Re) has disbursed Rs 2.5 billion in advance payments to insurance companies to support swift claim settlements. The company made payments totaling Rs 3.5 billion over two days — on Ashoj 27...


Insurance Companies Begin Advance Claim Payments Following Gen Z Protests

Kathmandu – In a major shift for Nepal’s insurance industry, several non-life insurance companies have started disbursing advance claim payments to policyholders affected by the recent Gen Z protests, marking a new era of prompt compensation and responsible insurance...