Myanmar’s recent 7.7 magnitude earthquake has left the nation reeling, with over 1,600 fatalities, thousands injured, and entire communities devastated. The tremors were felt as far as Bangkok, Thailand, leading to building collapses and widespread panic. The destruction is...

Bangkok (The Nation Thailand) – The Thai insurance sector is assessing damages exceeding one billion baht following the collapse of a partially constructed State Audit Office (SAO) building due to the recent earthquake that struck Myanmar on March 28,...

Kathmandu – The Nepal Insurance Authority has announced a major reshuffle of its leadership, assigning new responsibilities to recently promoted directors. The changes are effective from today. Director Kamal Prasad Regmi has been entrusted with leading the Legal Division,...

Kathmandu – Life insurance companies in Nepal have witnessed policy surrenders amounting to nearly Rs 10 billion during the current fiscal year 2081/82. According to financial statements released by the Nepal Insurance Authority, a total of 71,554 life insurance...

Kathmandu – Nepal Life Insurance and Round Table Nepal have signed an agreement to launch the Mount Everest Cleanup Initiative 2025, aimed at preserving the natural beauty of the world’s highest peak. The agreement was signed today at Global...

Kathmandu – Nepal’s insurance sector has emerged as a key area for employment and financial growth, with over 12,000 people currently employed in 37 operating insurance companies. According to the Nepal Insurance Authority, a total of 12,095 employees were...

Kathmandu – A meeting was held between officials of the Nepal Insurance Authority, Life Insurance Association of Nepal, and a team from the Foundation for the Advancement of Life and Insurance in Asia (FALIA), Japan, to discuss the launch...

Kathmandu — Life insurance companies in Nepal have collectively earned NPR 109.43 billion in total insurance premiums across all seven provinces as of the end of the month of Falgun (mid-march), according to data released by the Nepal Insurance...

Kathmandu – Shangrila Ply Industry in Dang, Ghorahi Sub-metropolitan City-9, which was severely damaged by a fire, is insured with National Insurance for Rs 350 million. The fire, which broke out around 2 a.m. on Sunday due to an...

Kathmandu – Chandra Bahadur Thapa Chhetri has been appointed as the chairman of the Health Insurance Board. Minister for Health and Population Mohan Bahadur Poudel administered the oath of office and secrecy to Thapa on Tuesday. Before Thapa’s appointment,...