Kathmandu – Life insurance agents across the country received a total commission of Rs 3.59 billion in the first three months of the current fiscal year, according to the latest industry data. This marks a 10.52 percent increase compared...

Kathmandu – The Gen-Z movement on Bhadra 23 and 24 has dealt a significant blow to Nepal’s non-life insurance sector, with most companies reporting steep losses in the first quarter of the current fiscal year. Out of 14 active...

Kathmandu –  The net profit of Nepal’s life insurance companies has grown modestly by 2.51 percent during the first three months of the current fiscal year, according to financial statements published by the insurance companies. The 14 life insurance...

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...

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...

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...

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...

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,...

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,...

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...