COVID-19 Insurance Claims Depend on Government Decision, Says Insurance Authority Chairman

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has clarified that the payment of claims related to COVID-19 insurance is not within the jurisdiction of the regulatory body, stating that the matter now lies under the responsibility of the...


Himalayan Everest Insurance Wins Two Prestigious International Awards in Singapore

Kathmandu – Nepal’s leading non-life insurer, Himalayan Everest Insurance (HEI), has added another milestone to its record of achievements by securing two prestigious international awards at a ceremony held in Singapore on July 9, 2025. The company was honored...


Sanima GIC Insurance Supports Three Pokhara Schools with Educational and Sports Materials

Kathmandu — As part of its corporate social responsibility, Sanima GIC Insurance Limited has provided educational and sports materials to three schools in Pokhara Metropolitan City, Gandaki Province. On Ashar 23 (July 7), the company handed over 15 sets...


Damage Assessment of Rasuwagadhi Hydropower to Take Time

athmandu – The recent flooding triggered by continuous heavy rainfall has inflicted significant damage on the Rasuwagadhi Hydropower Project in Rasuwa district, with insurance companies facing difficulties in assessing the losses due to logistical disruptions. According to Naranath Neupane,...


Insurance Companies See Broad Stock Gains Amid Market Rise

Kathmandu — The domestic stock market witnessed a notable upswing on Wednesday, with the NEPSE index climbing by 23.99 points to settle at 2707.85 points. This fourth trading day of the week brought positive momentum across several sectors, with...


Complaint Disposal Rate Drops at Nepal Insurance Authority as Pending Cases Rise

Kathmandu — The Nepal Insurance Authority has resolved 113 insurance-related complaints over the past 11 months of the current fiscal year, marking a decline in its complaint disposal rate compared to the previous year. The latest data, made public...


Nepal Insurance Authority Unveils Comprehensive Policy and Program for Fiscal Year 2082/83

Kathmandu — The Nepal Insurance Authority has officially made public its policy and program for the upcoming fiscal year 2082/83, outlining a broad vision for enhancing the accessibility, transparency, and quality of insurance services across the country. During a...


Massive Landslide at Rasuwagadhi Checkpoint Could Trigger Millions in Insurance Claims

Kathmandu – A devastating landslide at the Rasuwagadhi checkpoint early this morning has swept away dozens of vehicles, causing widespread damage and triggering insurance claims worth millions of rupees. According to initial reports, a large number of electric and...


Chairman Ojha Warns of Action Against Insurance Officials Neglecting Policyholders’ Interests

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has issued a stern warning to provincial and branch heads of insurance companies, stating that strict action will be taken against those who fail to act in the interest of the...


Insurance Claim Payments Reach Nearly Rs 73 Billion in 11 Months

Kathmandu — Insurance companies in Nepal have significantly expanded their claim settlement scope, with non-life insurers in particular showing remarkable growth in the current fiscal year. According to the Nepal Insurance Authority, the total insurance claim payments by both...