Insurance Claims from Gen-Z Protest Reach Over Rs 23 Billion

Kathmandu — The Nepal Insurance Authority has reported that the total initial insurance claims filed following the Gen-Z protest, which began on Bhadra 23, have reached a staggering Rs 23.22 billion. As of Ashoj 23, a total of 3,099...


Amrit Lamsal Appointed as Director of Nepal Reinsurance Company

Kathmandu – Amrit Lamsal, Deputy Director General of the Customs Department, Tripureshwor, has been appointed as the Director of Nepal Reinsurance Company Limited (Nepal Re). According to the decision made by the Ministry of Finance at the Finance Minister...


Questions Arise Over Nepal Reinsurance CEO Surendra Thapa’s Return to Office

Kathmandu — Nepal Reinsurance Company CEO Surendra Thapa, who had earlier announced his resignation, has returned to office, raising questions about ethics and professional integrity within the company. Thapa had reportedly announced his resignation during a board meeting on...


Mitra Lal Neupane: A Journey from Soldier to Successful Insurance Professional

Kathmandu — Life often rewards those who refuse to give up, and Mitra Lal Neupane of Citizen Life Insurance stands as a shining example. His life story reflects how courage, determination, and consistent effort can turn challenges into milestones....


Nepal Insurance Authority Koshi Province to Conduct Agent Examination

Kathmandu – The Koshi Province Office of the Nepal Insurance Authority has announced that it will conduct the insurance agent examination on Sunday, Ashoj 26 (October 12). The exam will be held from 3:00 PM to 4:30 PM. As...


Prabhu Mahalaxmi Life Puts 44,000 Promoter Shares on Sale

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 44,000 units of promoter shares owned by NRN Infrastructure and Development Limited. According to the company, the sale will be conducted in accordance with the directives of...


Insurance Claims for Protest-Related Damages Reach Rs 23.22 Billion as Survey Process Reduces Initial Estimates

Kathmandu — The number of insurance claims for physical property damage caused during recent protests continues to rise. In contrast, the total claim amounts are being adjusted as surveyors assess the damages on the ground. According to the Nepal...


Nepal Insurers Association Urges Quick Claim Settlements for Rain-Induced Damages

Kathmandu – The Nepal Insurers Association has called on insurance companies to expedite claim payments for damages caused by the recent incessant rainfall across various parts of the country. In a public appeal, the association urged all insured individuals...


Kunal Kayal Appointed Vice President of Nepal-India Chamber of Commerce and Industry

Kathmandu – Kunal Kayal, Chairman of Sanima GIC Insurance Company Limited, has been appointed as the Vice President of the Nepal-India Chamber of Commerce and Industry (NICCI). Kayal has been actively involved in the chamber’s leadership for the past...


Suryajyoti Life Insurance Offers Up to 50% Discount on Renewal of Expired Policies

Kathmandu – Suryajyoti Life Insurance Company Limited has announced a special discount of up to 50% on the interest charged for renewing expired insurance policies. The company issued a public notice and implemented the facility starting today, which will...