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...


Gen-Z Protests Trigger Record Rs 22.25 Billion Insurance Claims, Bagmati Province Records Highest

Kathmandu — The Gen-Z protests that began on Bhadra 23 have inflicted unprecedented damage across Nepal, leading to the highest initial insurance claims ever recorded in the country. According to the Nepal Insurance Authority, as of Ashoj 5, a...


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...


IME Life Insurance Offers Exclusive Dental Discounts to Policyholders, Agents, and Employees

Kathmandu – IME Life Insurance Company has announced a special discount program for its insured members, agents, and employees at Om Kapan Dental. Under the new initiative, beneficiaries can receive up to a 50 percent discount on scaling services....


PM Karki Pledges Support to Revive the Private Sector After Gen Z Protest Damage

Kathmandu – Prime Minister Sushila Karki has expressed deep concern over the extensive vandalism and arson that affected the private sector during the recent Gen Z protest, pledging that the government is prepared to assist in its recovery. During...


Siddhartha Premier Insurance Initiates Claim Settlements Following Gen Z Protests

Kathmandu – The recent protests on Bhadra 23 and 24 caused widespread riots, vandalism, and arson across Nepal, resulting in extensive damage to infrastructure, businesses, trade, and private property. Initial assessments indicate that insurance claims worth billions of rupees...


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...


IGI Prudential Faces Questions Over Bhatbhateni Insurance Claims, Reinsurance Gaps

Kathmandu — Billions of rupees in public investment have been placed at risk as IGI Prudential Insurance Company finds itself embroiled in controversy over its handling of claims related to the recent nationwide protests. Allegations have been raised against...