Kathmandu – Non-life insurance companies in Nepal have collected a total premium of Rs 12.92 billion in the first quarter of the current fiscal year (FY), according to data released by the Nepal Insurance Authority (NIA). Among the seven...

Kathmandu – The business of non-life insurance companies in Nepal has increased by 11.14 percent in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on Tuesday, the...

Kathmandu – Non-life insurance companies in Nepal have collectively earned an insurance premium totaling Rs 12.65 billion in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on...

Kathmandu – Himalayan Everest Insurance Company has incurred a significant financial burden following the recent Gen-Z movement, with insurance claims totaling nearly Rs. 971.4 million filed against the company. According to sources, Anju Shrestha, who previously led the reinsurance...

Kathmandu – NLG Insurance Company Limited has contributed Rs. 2.5 million to the Physical Infrastructure Reconstruction Fund established by the Government of Nepal to support recovery efforts following the damage caused by the recent Gen-Z movement. The company’s Chief...

Kathmandu –  Shikhar Insurance Company Limited, in partnership with eSewa, has launched a new digital health insurance plan called ‘Sahara Health Insurance’. The plan targets citizens between the ages of 5 and 65, offering comprehensive coverage for a wide...

Kathmandu – Himalayan Everest Insurance Company has come under the lens of the Nepal Insurance Authority (NIA) for allegedly submitting financial statements that violate regulatory provisions. The company’s quarterly and annual reports, including the Statement of Financial Position, Statement...

Kathmandu — Siddhartha Premier Insurance Limited has called on policyholders who have not yet received payments for claims filed by the end of Ashar 2082 BS to contact the company at the earliest. According to the company, the claim...

Kathmandu — Concerns have surfaced regarding the management practices at Himalayan Everest Insurance, with employees reporting internal coordination issues and limited executive decision-making authority. According to staff members, the company’s operations have become increasingly centralized under Chairman Mahendra Krishna...

Kathmandu – An Altitude Air helicopter (9N-AMS) crashed on Wednesday in the Lobuche area of Solukhumbu during a rescue operation. The aircraft, an Airbus H125, was en route from Lukla to Lobuche to rescue foreign tourists when it suffered...