Kathmandu — NLG Insurance Company Limited has pledged to facilitate the settlement of insurance claims in a simple and accessible manner for victims affected by the Gen Z movement that began on Bhadra 23 in various parts of the...

Kathmandu — The Nepal Insurance Authority has instructed insurance companies to expedite the settlement of claims related to damages caused during the Gen Z protests on Bhadra 23 and 24. Issuing a notice on Thursday, the authority urged insurers...

Kathmandu — The Nepal Insurers’ Association has assured that insurance companies are committed to handling claims smoothly and effectively for policyholders and service recipients affected by the recent disaster. In a press release, the association urged insured individuals and...

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...