Kathmandu – Shikhar Insurance has announced that it has paid out insurance claims worth nearly Rs 300 million to more than 40 insured clients whose properties were damaged during the Gen-Z protests on Bhadra 23 and 24. The company...

Kathmandu – The newly appointed Chairman of the Nepal Insurance Authority (NIA), Janakraj Sharma, has called on insurers to expedite the settlement of claims arising from the recent Gen-Z protest, which has triggered the largest insurance payout demand in...

Kathmandu — Janakraj Sharma has officially assumed office as the new Chairman of the Nepal Insurance Authority. He took charge immediately after taking the oath of office and secrecy before Finance Minister Rameshwor Khanal today. Sharma was appointed to...

Kathmandu – Praveen Raman Parajuli, Chief Executive Officer of Nepal Life Insurance Company, has been elected as the President of the Life Insuramce Association of Nepal. The decision was made unanimously during the association’s sixth annual general meeting, held...

Kathmandu — Non-life insurance companies in Nepal have earned more than Rs 8 billion in total insurance premiums during the first two months of the current fiscal year. According to data released by the Nepal Insurance Authority, 14 non-life...

Kathmandu — Siddhartha Premier Insurance has taken the lead in settling insurance claims arising from the recent Gen Z protests, underlining its commitment to providing fast and reliable financial relief to affected policyholders. The company confirmed that it has...

Kathmandu — In a landmark decision for Nepal’s insurance industry, the government has announced it will begin insuring public property, a move long demanded by general insurance professionals. The policy shift follows the extensive damage to government structures during...

Kathmandu — The Nepal Insurance Authority has reported that insurance claims linked to the recent Gen Z protest, which began on Bhadra 23, have crossed Rs 23.39 billion. By Ashoj 8, a total of 2,988 claims had been filed...

Kathmandu — The recent destruction of public and private property across the country has once again raised a critical question: how should Nepal manage the risks associated with public assets? While individuals and businesses rely on commercial insurance for...

Kathmandu – Sanima Reliance Life Insurance successfully concluded its Club Achievers Event 2082 at Lemon Tree Premier, Budhanilkantha, Kathmandu, honoring the top-performing insurance agents from branches and sub-branches across the country. The event was graced by the company’s Chairman...