Shikhar Insurance Expedites advance Payments for Flood and Landslide Claims

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...


International Insurance Conference Postponed Due to Adverse Weather Conditions

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...


Anju Shrestha Appointed CEO of HEI, promise to make better company at oath

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.  ...


Agriculture and Livestock Sector Suffers Losses more then Rs 6 Billion Due to Floods and Landslides

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...


NLG Insurance Company Calls Special General Meeting to Approve Right Share Issuance

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.  ...


CAN Partners with MetLife Nepal to Provide Insurance for National Cricket Players

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...


IME Life Insurance Launches ‘Best Term Life Jeevan Bima Yojana’

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...


Non-Life Insurance Sector Sees 9.34% Growth, Boosted by Economic Activity and Vehicle Sales

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...


Emphasizes Insurance as an Asset; CEO Aryal

Kathmandu, Sun Nepal Life Insurance Company marked its 7th anniversary with a grand celebration, during which CEO Raj Kumar Aryal highlighted the importance of shifting the public perception of insurance from a liability to an asset.   CEO Aryal...


Sun Nepal Life Marks 7th Anniversary with Launch of New Insurance Plans

Kathmandu, Sun Nepal Life Insurance Company Limited celebrated its 7th anniversary by unveiling two new life insurance policy: Sunlife Medicare and Sunaulo Bal Samridh Jeevan Bima Yojana. Launched on Sunday, these plans aim to strengthen medical and financial security...