Siddhartha Premier Insurance Pays Rs. 1.25 Billion in Claims to Gen-Z Protest Victims Within 23 Working Days

Kathmandu – Nepali insurance companies have demonstrated their reliability by not only insuring but also swiftly compensating their clients. Siddhartha Premier Insurance Company has set a benchmark by paying insurance claims worth Rs. 1.25 billion to victims of the...


Siddhartha Premier Receives the Highest Insurance Claims from Gen-Z Protest; Over 1.95 Billion Paid So Far

Kathmandu – Insurance companies have begun disbursing large-scale claim payments following the Gen-Z protest. According to the latest data released by the Nepal Insurance Authority, non-life insurance companies have so far received Rs 23.19 billion in initial insurance claims...


Sudurpaschim Royals Appoints Sagarmatha Lumbini Insurance as Official Partner for NPL Season-2

Kathmandu – Sudurpaschim Royals has appointed Sagarmatha Lumbini Insurance as its official insurance partner for the upcoming Nepal Premier League (NPL) Season-2. An agreement to this effect was signed between Chunky Chhetri, Chief Executive Officer of Sagarmatha Lumbini Insurance,...


Effectiveness of Training in the Insurance Sector

Training is a vital process that enhances learning, sharpens skills, and cultivates professional growth. The effectiveness of any training depends on several factors — the content, type, timing, location, and most importantly, the expertise and approach of the trainer....


Nepal Insurance Authority Holds Interaction Program on Agriculture, Livestock, and Herbs Insurance

Kathmandu — The Nepal Insurance Authority (NIA) has organized an interaction program focused on agriculture, livestock, and herb insurance with representatives from various insurance companies. The program, held on Wednesday at the Authority’s central office in Kupandol, Lalitpur, aimed...


Insurance Companies Begin Advance Claim Payments Following Gen Z Protests

Kathmandu – In a major shift for Nepal’s insurance industry, several non-life insurance companies have started disbursing advance claim payments to policyholders affected by the recent Gen Z protests, marking a new era of prompt compensation and responsible insurance...


NLG Insurance to Conduct Three-Day Non-Life Insurance Agent Training

Kathmandu — NLG Insurance Company Limited has announced that it will be conducting a three-day non-life insurance agent training starting from Ashoj 30 (October 16). The company issued a public notice inviting interested Nepali citizens to participate in the...


Shikhar Insurance Pays Rs 420 Million in 17 Days for Gen-Z Protest Claims

Kathmandu — Demonstrating swift action and reliability in crisis response, Shikhar Insurance Company has settled 218 insurance claims within just 17 working days, amounting to Rs 420.1 million, for losses caused during the Gen-Z protest on Ashoj 24. Despite...


Insurance Claims from Gen-Z Protest Reach Over Rs 23 Billion

Kathmandu — The Nepal Insurance Authority has reported that the total initial insurance claims filed following the Gen-Z protest, which began on Bhadra 23, have reached a staggering Rs 23.22 billion. As of Ashoj 23, a total of 3,099...


Insurance Claims for Protest-Related Damages Reach Rs 23.22 Billion as Survey Process Reduces Initial Estimates

Kathmandu — The number of insurance claims for physical property damage caused during recent protests continues to rise. In contrast, the total claim amounts are being adjusted as surveyors assess the damages on the ground. According to the Nepal...