Rise of a New Era, Once-in-a-Century Transformation: Nepal’s Gen Z Protest

In just 48 hours of unrelenting protest, Nepal has entered a new era. The sacrifice of 72 young lives during the “Gen Z Uprising” has shaken the roots of corruption, toppled a deeply entrenched government, and established the first-ever...


Sun Nepal Life Insurance Marks Eighth Anniversary, Commits to Stronger Services and Investor Returns

Kathmandu — Sun Nepal Life Insurance Company Limited has completed eight years of service in Nepal’s insurance sector, reaffirming its commitment to deliver enhanced benefits for policyholders and greater value for investors. The company, which officially commenced operations on...


Insurance Claims from Gen Z Protest Reach Rs 22.2 Billion

Kathmandu – The initial insurance claims arising from the Gen Z protest that began on Bhadra 23 last month have reached Rs 22.2 billion, according to the Nepal Insurance Authority (NIA). As of Ashoj 5, a total of 2,478...


Insurance Sector Moves Quickly to Process Gen Z Damage Claims, Over 1800 Surveyors Deployed Nationwide

Kathmandu – The Gen Z protest, which began on Monday, Bhadra 23, has resulted in initial insurance claims totaling approximately NPR 21 billion, covering damages reported up to Bhadra 31. The widespread unrest saw police stations and other government...


Nepal Reinsurance Begins Processing Claims with Hannover Re for Gen Z Losses

Kathmandu – Nepal Reinsurance Company, a government-invested reinsurance firm, has commenced the claim settlement process in collaboration with Germany-based Hannover Re following the extensive arson and vandalism during the Gen Z protest on Bhadra 23 and 24. According to...


Nepal Reinsurance Tops NEPSE in Market Value

Kathmandu — Nepal Reinsurance Company has emerged as the largest company in terms of market capitalization on the Nepal Stock Exchange (NEPSE), overtaking Bishal Bazaar Company. Investor interest in Nepal Reinsurance has remained high despite recent fluctuations in the...


Ministry of Finance Orders Suspension of Nepal Insurance Authority Chairman Sharad Ojha

Kathmandu – The Ministry of Finance has formally instructed the Nepal Insurance Authority to prevent Sharad Ojha from continuing in his role as chairman. The directive comes amid ongoing legal and administrative disputes over his appointment. In a letter...


Nepal Re and Himalayan Re Capable of Managing Gen Z Protest Claims, Say Officials

Kathmandu – A wave of rumors in the capital market today suggested that Nepal Reinsurance Company was under financial strain due to the large volume of insurance claims filed following the Gen Z protests. The speculation intensified after the...


Insurance Claims from Gen Z Protests Reach Rs 20.7 Billion

Kathmandu – The initial insurance claims related to the Gen Z protests that began on Monday, Bhadra 23, have reached a staggering Rs 20.7 billion. According to figures released by the Nepal Insurance Authority on Thursday, a total of...


Gandaki Province Records Rs 1.13 Billion in Insurance Claims from Gen Z Protests

Kathmandu — The Gen Z protests that began on Bhadra 23 has triggered significant financial losses in Gandaki Province, with initial insurance claims amounting to Rs 1.13 billion filed by affected parties. According to the Gandaki office of the...