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...


Asian Life Insurance Allots Unallocated Right Shares Through Auction

Kathmandu – Asian Life Insurance Company Limited has completed the allotment of unallocated right shares put up for sale through an auction process conducted from Bhadra 22 to Ashoj 5 (September 7 to 21). The company had offered 30,038.57...


Nepal Insurance Authority Discusses Measures to Speed Up Claim Settlement

Kathmandu – The Nepal Insurance Authority (NIA) convened a meeting on Tuesday with representatives from life insurance companies, microinsurance providers, and reinsurance firms to discuss strategies aimed at facilitating faster and more efficient insurance claim settlements. The discussions centered...


IGI Prudential and Kathmandu National Medical College Partner for Cashless Hospitalisation Services

Kathmandu – IGI Prudential Insurance Limited and Kathmandu National Medical College and Teaching Hospital SB Health Care, Ghattekulo, have signed an agreement to provide cashless hospitalisation services to policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer...


United Ajod Insurance Appoints Contact Persons for Claims Following Heavy Rains

Kathmandu – United Ajod Insurance Limited has appointed dedicated contact persons to streamline the payment of insurance claims for damages caused by the heavy rains on Ashoj 18 and 19, which led to floods and landslides across the country....


Suryajyoti Life Contributes Rs 15 Million to Physical Infrastructure Reconstruction Fund

Kathmandu – Suryajyoti Life Insurance Company has donated Rs 15 million to the Government of Nepal’s ‘Physical Infrastructure Reconstruction Fund’ to aid the reconstruction of public and government infrastructure damaged during the Gen Z protest on Bhadra 23 and...


Himalayan Everest Insurance Expedites Claim Settlements for Damages from Gen Z Protest

Kathmandu — Himalayan Everest Insurance Limited has taken swift and effective action to settle insurance claims related to damages incurred during the Gen Z protest on Bhadra 23 and 24. The company has simplified the claims process to ensure...


MetLife Partners with Global Citizen to Drive Global Economic Empowerment

Kathmandu — MetLife, a leading provider of insurance and employee benefits, has announced a three-year global partnership with Global Citizen, the world’s largest movement to end extreme poverty. The collaboration aims to promote financial empowerment, education, and community resilience...