Kathmandu — The Health Insurance Board has introduced new measures to simplify the referral process for insured patients, particularly those suffering from serious and complex diseases. The Board announced that once a patient has been referred from the first...

Kathmandu — Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the Acting Chief Executive Officer (CEO) following the resignation of former CEO Manoj Kumar Lal Karna. According to Company Secretary Ishwar Kumar Sedai, the decision was made...

Kathmandu — NLG Insurance Company Limited has announced that it will be conducting a three-day non-life insurance agent training starting from Ashoj 30 (October 16). The company issued a public notice inviting interested Nepali citizens to participate in the...

Kathmandu — The Board of Directors of Himalayan Life Insurance Company has accepted the resignation of Chief Executive Officer (CEO) Manoj Kumar Lal Karna, following days of protests by the company’s agents and employees. The board’s decision was made...

Kathmandu — Demonstrating swift action and reliability in crisis response, Shikhar Insurance Company has settled 218 insurance claims within just 17 working days, amounting to Rs 420.1 million, for losses caused during the Gen-Z protest on Ashoj 24. Despite...

Kathmandu — ICRA Nepal has reaffirmed the issuer rating of Liberty Micro Life Insurance Limited at ICRA NP-IR Double B Minus, reflecting continued confidence in the company’s ability to meet its financial obligations. The rating agency noted that Liberty...

New Delhi – The Government of India has initiated early discussions with local insurers to develop a nationwide climate-linked insurance program aimed at providing prompt financial assistance following extreme weather events, such as floods, heatwaves, and cyclones. The proposed...

Kathmandu — Nepal Rastra Bank (NRB) has approved Pakistan’s Habib Bank Limited (HBL) to sell its promoter shares in Himalayan Bank Limited to National Life Insurance Company Limited. According to Himalayan Bank, the central bank approved the transaction following...

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...

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...