Kathmandu — Sun Nepal Life Insurance has launched a special cashback scheme for its policyholders who choose to pay their premiums through digital platforms. According to the company, customers making payments via eSewa or Khalti will receive a cashback...

Kathmandu – Insurance companies have been asked to submit all claims related to damages from the recent Gen Z movement to the Insurance Authority by Ashoj 1. Authorities report that delays in damage assessments have occurred due to arson...

Kathmandu – Koshi Hospital has dismissed three employees after an internal investigation confirmed their involvement in misusing health insurance funds. The employees, including two pharmacy assistants and one office assistant working on a contract basis, were found guilty of...

Kathmandu – The Gen Z movement, which escalated violently across the country last week, has inflicted unprecedented material losses on government infrastructure in the capital. Among the hardest-hit areas was Singha Durbar, where a total of 1,042 vehicles belonging...

Traditional market merchants in South Korea will soon have a new form of financial protection against weather-related income losses. KB Sonbo Insurance Co., Ltd. announced it will launch the country’s first “index-based weather insurance” product for merchants next month....

Kathmandu — The wave of Gen Z-led protests that shook Nepal in last week has left behind more than broken windows and charred storefronts. It has unleashed one of the largest insurance crises the country has faced in recent...

A joint analysis by the World Bank and UNICEF has revealed that although the number of children living in extreme poverty worldwide has declined over the past decade, progress has been slow and deeply uneven, leaving hundreds of millions...

Kathmandu — Sanima GIC Insurance Limited has announced the sale of 580,000 units of promoter shares owned by its promoter shareholders. The company informed that the shares are now open for purchase by both individuals and institutions. Earlier, on...

Kathmandu — Citizen Life Insurance Company has introduced a special provision granting up to 100 percent exemption on late fees for lapsed insurance policies, aiming to support policyholders facing difficulties in premium payments. The company stated that, in light...

Kathmandu — The Nepal Insurance Authority (NIA) has initiated discussions with the chief executives of non-life insurance and reinsurance companies, as well as the Insurance Surveyors Association of Nepal, to address challenges in processing insurance claims arising from damages...