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...

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...

Kathmandu – The total insurance claims filed following the Gen-Z movement, which began on Bhadra 23 (September 8), have reached Rs 23.23 billion, according to the latest data released by the Nepal Insurance Authority. As of Kartik 9 (October...

Kathmandu – The government has announced plans to convert all public corporations into companies, aiming to enhance transparency, efficiency, and accountability in the public sector. This major reform comes with the introduction of the Public Corporation Management and Good...

Kathmandu – Siddharth Premier Insurance Limited has appointed Deepak Kumar Dhoot as its new Deputy Chief Executive Officer (DCEO). The decision was made during the company’s 42nd meeting of the Board of Directors held on Ashoj 28 (October 14)....

Paris — In one of the most shocking art heists in recent history, thieves have stolen eight priceless royal jewels from Paris’s Louvre Museum — and none of the items were insured. According to France’s Ministry of Culture, the...

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...