Global IME Bank Launches ‘Goal Based Saving’ Scheme

Kathmandu – Global IME Bank Limited has rolled out a new product, the ‘Goal Based Saving’ scheme, designed to help customers set and achieve financial targets with greater convenience. The scheme, available through the Global Smart Plus mobile banking...


Non-life Insurance Premiums Cross Rs 8 Billion in Two Months

Kathmandu – Non-life insurance companies have collected more than Rs 8 billion in premiums in the first two months of the current fiscal year. According to data released by the Nepal Insurance Authority, non-life insurers recorded a total business...


Non-Life Insurance Companies Collect Over Rs 8 Billion Premium in First Two Months of FY

Kathmandu — Non-life insurance companies in Nepal have earned more than Rs 8 billion in total insurance premiums during the first two months of the current fiscal year. According to data released by the Nepal Insurance Authority, 14 non-life...


Siddhartha Premier Insurance Swiftly Settles Claims from Gen Z Protests

Kathmandu — Siddhartha Premier Insurance has taken the lead in settling insurance claims arising from the recent Gen Z protests, underlining its commitment to providing fast and reliable financial relief to affected policyholders. The company confirmed that it has...


Sanima Reliance Life Conducts Training on Institutional Ethics and AML Compliance

Kathmandu – Sanima Reliance Life Insurance Limited has completed a two-day residential training program aimed at enhancing employees’ knowledge and skills in institutional ethics, corporate culture, and the prevention of money laundering and terrorist financing. The training, titled “Institutional...


Nepal Re CEO Files Police Complaint Citing Safety Concerns

Kathmandu – Surendra Thapa, Chief Executive Officer of Nepal Reinsurance Company, has filed a complaint with the Metropolitan Police Complex, Kathmandu, citing concerns for his personal safety. Thapa, who had not been seen at his office for the past...


Government to Insure All Public Property After Gen Z Protest Losses

Kathmandu — In a landmark decision for Nepal’s insurance industry, the government has announced it will begin insuring public property, a move long demanded by general insurance professionals. The policy shift follows the extensive damage to government structures during...


Insurance Claims from Gen Z Protest Exceed Rs 23.39 Billion

Kathmandu — The Nepal Insurance Authority has reported that insurance claims linked to the recent Gen Z protest, which began on Bhadra 23, have crossed Rs 23.39 billion. By Ashoj 8, a total of 2,988 claims had been filed...


Public Property Insurance: Nepal Needs a Dedicated Risk Management Modality

Kathmandu — The recent destruction of public and private property across the country has once again raised a critical question: how should Nepal manage the risks associated with public assets? While individuals and businesses rely on commercial insurance for...


Sanima Reliance Life Celebrates Top-Performing Agents at Club Achievers Event 2082

Kathmandu – Sanima Reliance Life Insurance successfully concluded its Club Achievers Event 2082 at Lemon Tree Premier, Budhanilkantha, Kathmandu, honoring the top-performing insurance agents from branches and sub-branches across the country. The event was graced by the company’s Chairman...