Kathmandu — NLG Insurance Company Limited has pledged to facilitate the settlement of insurance claims in a simple and accessible manner for victims affected by the Gen Z movement that began on Bhadra 23 in various parts of the...

Kathmandu — The Nepal Insurance Authority has instructed insurance companies to expedite the settlement of claims related to damages caused during the Gen Z protests on Bhadra 23 and 24. Issuing a notice on Thursday, the authority urged insurers...

Kathmandu — The Nepal Insurers’ Association has assured that insurance companies are committed to handling claims smoothly and effectively for policyholders and service recipients affected by the recent disaster. In a press release, the association urged insured individuals and...

Kathmandu – The Oriental Insurance Company has announced that it is fully prepared to settle insurance claims, including large-scale losses, in a simple and efficient manner as the country grapples with widespread disaster-related damages. In a statement, the company expressed...

Kathmandu — Insurance companies are struggling to survey damages caused during the Genji protests, with field assessments currently limited to urgent cases. The Nepal Insurance Authority (NIA) has confirmed that it is holding discussions with insurers to find ways...

Kathmandu — Bhatbhateni Superstore has suffered damages worth billions of rupees during the Gen Z protests last Tuesday, with initial assessments indicating insurance claims of over Rs 2.5 billion falling under IGI Prudential Insurance alone. Out of the 28...

Kathmandu – Non-life insurance companies in Nepal have ramped up their investments in the capital market, with total investments reaching Rs 4.42 billion by mid-Ashar of the last fiscal year. The figure represents a 15 percent rise compared to...

Kathmandu – Shikhar Insurance Limited has appointed Ashmank Karki as a director of the company. The decision was made by the board of directors to fill a vacant position, and Karki will serve in the role until the next...

Kathmandu – The non-life insurance sector has witnessed mixed performance in the first month of the current fiscal year, with 10 companies reporting growth in premium income while four recorded a decline. According to data released by the Nepal...

Kathmandu – Non-life insurance companies in Nepal have recorded significant earnings in the month of Shrawan (mid-July to mid-August), with 18 companies collecting a combined insurance premium of Rs 43.96 billion. According to data released by the Nepal Insurance...