Kathmandu — Insurance companies are preparing to settle small claims from policyholders affected by floods and landslides in Rasuwa and surrounding areas within a month. Birendra Badhuwaal Chhetri, president of the Nepal Insurers’ Association and CEO of Siddhartha Premier...

Kathmandu — The government is preparing to legally guarantee air passengers’ rights and compensation. Minister for Culture, Tourism and Civil Aviation Khadak Raj Paudel said minimum compensation and passenger rights in cases such as flight cancellations, delays and lost...

Kathmandu — Birendra Badhuwaal Chhetri, president of the Nepal Insurers’ Association and chief executive officer of Siddhartha Premier Insurance, has said that the payment process for small insurance claims will be expedited to provide relief to people affected by...

Kathmandu — The solvency margin ratio, a key measure of financial strength and risk-bearing capacity for companies operating in Nepal’s non-life insurance sector, improved in the fiscal year ended mid-July 2026 (Asar-end 2083 BS) compared with the previous fiscal year...

Kathmandu — The government will introduce special measures to speed up insurance claim settlements and help flood- and disaster-affected businesses resume operations. The Ministry of Finance’s Business Recovery Plan — Phase I has made insurance claims and compensation a...

Kathmandu — The government has decided to provide advance insurance claim payments to policyholders affected by the Rasuwa floods based on preliminary damage assessments. The provision was introduced through the ‘Rasuwa Flood Recovery Package’ unveiled by the Ministry of...

Kathmandu — Although an earlier report had indicated that insurance claims for damage caused by the devastating flood that swept through Rasuwa’s Bhotekoshi and Trishuli rivers on Bhadra 10 exceeded NPR 25 billion, BeemaPost has prepared revised figures following...

Kathmandu — The Nepal Non-Life Insurance Professionals’ Association and its member non-life insurance companies have contributed NPR 34.7 million for the relief, rehabilitation and reconstruction of communities affected by the devastating Bhotekoshi floods on Bhadra 10. A delegation led...

Kathmandu — Preliminary insurance claims filed with insurance companies following the floods in the Bhotekoshi and Trishuli rivers on Bhadra 10, 2083, have reached NPR 25.87 billion. According to data compiled by the Nepal Insurance Authority as of Bhadra...

Kathmandu — Nepal’s insurance sector has swung into damage-response mode after severe flooding on the Bhotekoshi and Trishuli rivers in Rasuwa, Nuwakot and Dhading districts caused widespread loss of life and property, with multiple insurers and the Nepal Insurers’...