Kathmandu, Last month’s heavy rainfall has led to significant financial losses, with the Insurance Authority reporting the highest number of flood and landslide claims in the Kathmandu Valley. According to the data, over 87 percent of the claims were...

Kathmandu, Citizen Life Insurance Company has completed seven years of operations and entered its eighth year, reaffirming its commitment to bringing life insurance services to all Nepalese. The company has been providing quality services through 136 branches since it...

Kathmandu, Rastriya Banijya Bank (RBB) has introduced a new agricultural loan product, Kisan Saral Karja, aimed at supporting farmers across Nepal. Under this scheme, farmers can avail loans of up to NPR 10 lakh, with an additional facility of...

Kathmandu, Saraswati Shrestha, who transitioned from running a small tea shop to becoming a successful insurance agent, has emerged as a standout performer at Citizen Life Insurance. Within a year of joining the company, she has made remarkable strides,...

Kathmandu, Several prominent insurance experts in Nepal have expressed surprise at not being informed or participated to the upcoming International Inclusive Insurance Conference organized by Munich Re, which is set to be held in Kathmandu. The event, organized under...

Kathmandu, The Ministry of Agriculture and Livestock has introduced a revised procedure for providing subsidies on crop and livestock insurance, reducing the percentage of the insurance premium subsidies that were previously available. Under the new guidelines, the standard 80...

Kathmandu, Shikhar Insurance Company has announced that it is rapidly processing insurance claims related to recent floods and landslides caused by continuous rainfall since Ashwin 11th. The company is prioritizing swift payouts for smaller and simpler claims to provide...

Kathmandu, The highly anticipated three-day international insurance conference, organized by the Nepal Insurance Authority, has been postponed. Originally scheduled for 7 to 9 October 2024 (mid-Ashoj), the event was set to bring together key stakeholders in the insurance sector...

Kathmandu, Anju Shrestha has officially assumed the position of Chief Executive Officer (CEO) of Himalayan Everest Insurance Limited. The company confirmed that Shrestha took the oath of office during a Board of Directors meeting held on October 2.  ...

Kathmandu, Continuous rainfall, landslides, and flooding since last Thursday have wreaked havoc on Nepal’s agriculture and livestock sector, causing losses amounting to Rs 6 billion. Most of them are out of insurance claim because of lack insurance awareness. Nepal...