Kathmandu – Siddharth Premier Insurance Limited has appointed Deepak Kumar Dhoot as its new Deputy Chief Executive Officer (DCEO). The decision was made during the company’s 42nd meeting of the Board of Directors held on Ashoj 28 (October 14)....

New Delhi — The Life Insurance Corporation of India (LIC) has categorically denied allegations made in a recent Washington Post report that claimed India’s Finance Ministry expedited a plan to channel nearly $3.9 billion (₹33,000 crore) of the state-owned...

A new insurance solution aimed at mitigating pandemic-related financial losses for businesses has been launched through a collaboration between Gallagher Insurance Brokers, New India Assurance, and Munich Re. The first-of-its-kind parametric pandemic insurance policy was issued to The Phoenix...

Paris — French authorities have estimated the losses from the dramatic Louvre Museum robbery at nearly €90 million, as investigators intensify their hunt for the criminal gang behind one of France’s most daring heists in decades. According to Paris...

Paris — In one of the most shocking art heists in recent history, thieves have stolen eight priceless royal jewels from Paris’s Louvre Museum — and none of the items were insured. According to France’s Ministry of Culture, the...

Kathmandu — The Health Insurance Board has announced that it has temporarily suspended the provision of charging additional fees to families who failed to renew their health insurance policies on time. According to the Board’s latest directive, all registration...

Kathmandu — Nepal Reinsurance Company is facing internal difficulties after several board members stepped down in recent weeks. The situation has been further complicated by allegations of financial irregularities involving Chief Executive Officer Surendra Thapa, though he has denied...

Kathmandu — Citizen Life Insurance Company Limited marked its eighth anniversary today by launching a nationwide celebration that blended community service with cultural pride. The company, which has built a strong foundation of trust and reliability over the past...

Kathmandu – Nepal’s commercial banking sector has recorded a total profit exceeding Rs 16.59 billion during the first two months of the current fiscal year 2082/83, according to data released by Nepal Rastra Bank (NRB). The figure, however, represents...

Global reinsurance leader Munich Re has issued a strong warning about the widening cyber insurance protection gap, calling it not only a strategic priority for the insurance sector but a “critical societal responsibility.” Speaking at its 2025 Baden-Baden breakfast...