Bikram–Bishal Adhikari Set Historic Record at Nepal Life

Kathmandu — Demonstrating an extraordinary level of dedication and sales excellence, Bikram Adhikari and Bishal Adhikari, agency managers of Nepal Life Insurance Company Limited’s Damak branch, have achieved what is being described as a historic milestone in Nepal’s insurance...


Amid rising heat, sustainable cooling can slash emissions and save trillions of dollars

Belém – Amid rising heatwaves and surging cooling demand, adopting sustainable cooling – with a strong focus on passive techniques low-energy and hybrid cooling that combines fans and air conditioners that consume little or no power – could cut...


Siddhartha Premier Insurance Leads in Gen-Z Claim Payments, Disburses Over Rs 1.5 Billion

Kathmandu — Siddhartha Premier Insurance Company Limited has emerged as one of the leading insurers in Nepal for its swift and substantial claim payments following the damages caused by the Gen-Z movement on Bhadra 23 and 24. The company...


“Private Sector Begins Reconstruction with Insurance Advance Payments”, Says Finance Minister Khanal

Kathmandu — Finance Minister Rameshwor Khanal has said that the private sector has started rebuilding its assets using 50 percent advance payments provided by insurance companies as part of the post-Gen-Z recovery effort. Speaking at a meeting of the...


Discussion Held on Establishment of Insurance Information Center

Kathmandu — A discussion program on the establishment and operation of the Insurance Information Center was held on Tuesday at the central office of the Nepal Insurance Authority (NIA) in Kupandol. The meeting brought together CEOs of life, non-life,...


UNEP Forum Calls for International Taskforce on Climate Resilience and Transition Insurance

The United Nations Environment Programme (UNEP) has proposed the creation of an International Taskforce on Climate Resilience and Transition Insurance following its Forum for Insurance Transition (FIT). The initiative aims to bring together insurers, regulators, governments, businesses, civil society,...


Concerns Raised Over Governance Practices at Himalayan Everest Insurance

Kathmandu – Questions have been raised regarding the internal governance practices at Himalayan Everest Insurance Company, as employees from various departments are reportedly required to visit the residence of Chairman Mahendra Krishna Shrestha in Babarmahal to obtain signatures on...


National Life Insurance Honors Top Agents for Outstanding Performance

Kathmandu – Agents of National Life Insurance Company achieved remarkable success in life insurance sales during the last fiscal year, insuring millions of people across the country through their dedicated efforts. Among thousands of agents nationwide, Bimal Neupane, affiliated...


Six Arrested in Kathmandu for Faking Car Accident to Claim Insurance

Kathmandu –  Police have arrested six individuals on charges of fabricating a car accident and submitting false documents to claim insurance from Nepal Micro Insurance Company. According to officials from the District Police Office, those taken into custody include...


Life Insurance Companies’ New Business Grows by Nearly 16.95% in First Quarter

Kathmandu – Nepal’s life insurance sector has witnessed steady growth in new business during the first quarter of the current fiscal year 2082/83, collecting a total of Rs 9.54 billion in new premiums by the end of Ashoj, according...