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...

Kathmandu, NLG Insurance Company Limited has announced a special General Meeting to approve the issuance of right shares. The meeting, scheduled for October 23 at Amrapali Banquet in Baluwatar, Kathmandu, will begin in the morning at 10 a.m.  ...

Kathmandu, The Cricket Association of Nepal (CAN) has joined hands with MetLife Nepal in a significant partnership aimed at enhancing the health and safety of Nepali national cricket players.   Under this collaboration, MetLife Nepal will provide insurance coverage...

Kathmandu, IME Life Insurance has introduced a new term life insurance plan named Best Term Life Jeevan Bima Yojana, specifically designed to cater to individuals from various professional backgrounds. The company, in its official statement, highlighted that the plan...

Kathmandu, The non-life insurance sector in Nepal has seen significant growth in the current financial year, with total business increasing by 9.34% by the end of Bhadra month. This rise is attributed to increased economic activity and a surge...