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...

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...

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...

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...

Kathmandu – Life insurance companies in Nepal have collected Rs 39.68 billion in renewal insurance premiums during the first quarter of the current fiscal year 2082/83, marking a significant 20.55% increase compared to the same period last year. According...

Kathmandu – Nepal’s life insurance industry has witnessed a robust 19.84% growth in total premium collection during the first quarter of the current fiscal year 2082/83, according to the Nepal Insurance Authority (NIA). As per data published by the...

Kathmandu – The business of non-life insurance companies in Nepal has increased by 11.14 percent in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on Tuesday, the...