Kathmandu – The Oriental Insurance Company has announced that it is fully prepared to settle insurance claims, including large-scale losses, in a simple and efficient manner as the country grapples with widespread disaster-related damages. In a statement, the company expressed...

Kathmandu — Suryajyoti Life Insurance Company has announced that its services will continue uninterrupted through its nationwide branch offices, in line with directives from security agencies to maintain essential services during the current situation in the country. The company...

Kathmandu — Insurance companies are struggling to survey damages caused during the Genji protests, with field assessments currently limited to urgent cases. The Nepal Insurance Authority (NIA) has confirmed that it is holding discussions with insurers to find ways...

Kathmandu — Bhatbhateni Superstore has suffered damages worth billions of rupees during the Gen Z protests last Tuesday, with initial assessments indicating insurance claims of over Rs 2.5 billion falling under IGI Prudential Insurance alone. Out of the 28...

Kathmandu — The Gen Z movement of Bhadra 23 and 24 has resulted in property damages worth billions of rupees, with destruction ranging from the Hilton Hotel in Kathmandu to automobile showrooms in Thapathali. Vehicles, houses, offices, warehouses, and...

Kathmandu – The Nepal Insurance Authority has issued the Insurance Investment Directive, 2082, broadening the scope of investment for life, non-life, micro, and reinsurance companies. The directive, approved on Bhadra 17, aims to strengthen regulatory oversight while creating new...

Kathmandu – Sun Nepal Life Insurance has successfully completed a special training program on Anti-Money Laundering and Combating the Financing of Terrorism (AML-CFT), alongside corporate governance, with the objective of enhancing employee capacity and reinforcing transparency within the financial...

Kathmandu – The Government of Nepal has introduced a health insurance program aimed at ensuring the well-being and social security of filmmakers while supporting the sustainable development of the Nepali film industry. The initiative, titled “Health Insurance Program for...

Kathmandu -. Santosh Prasai, Chief Executive Officer (CEO) of Prabhu Mahalaxmi Life Insurance Limited, has been honored with the Visionary Leader in Life Insurance Award at the 6th Asian Professional Achievement Awards. The recognition highlights Prasai’s significant contribution to...

Kathmandu – Non-life insurance companies in Nepal have ramped up their investments in the capital market, with total investments reaching Rs 4.42 billion by mid-Ashar of the last fiscal year. The figure represents a 15 percent rise compared to...