Kathmandu – Rastriya Beema Company Limited (RBCL), a government-supported insurer, is drawing criticism for delays in processing claims filed by victims of recent floods and landslides. Despite instructions from government and regulatory authorities to expedite relief, no claims have...

Kathmandu – Insurance companies in Nepal have disbursed a total of NPR 471.1 million to policyholders affected by severe flooding on September 27 and 28. Leading the charge, Shikhar Insurance has paid NPR 251.9 million, accounting for over half...

Kathmandu – Nepal’s 14 non-life insurance companies collectively reported a 9% increase in total premium earnings period of this F/Y first three months compared to the same period last fiscal year. Total non-life insurance premium increased from 10.44 billion...

Kathmandu- Asian Life Insurance Company held its Business Achievers Award 2024 ceremony in Pokhara, recognizing top-performing agents for their dedication and excellence. The three-day event at Pokhara Grand Hotel brought together over 200 attendees, celebrating achievements and promoting professional...

Kathmandu,  NLG Insurance Company Limited held its special general meeting today at Amrapali Banquet, Baluwatar, under the chairmanship of Bimal Prasad Wagle, Chairman of the Board of Directors.   The meeting approved a resolution to issue 62.56% rights shares,...

Kathmandu,  Siddharth Premier Insurance Company has contributed Rs 51 lakh to the Prime Minister’s Disaster Relief Fund as part of its corporate social responsibility efforts. The donation aims to assist with relief and reconstruction efforts following severe floods and...

Kathmandu, Dip Prakash Pandey has been re-appointed as the Chief Executive Officer (CEO) of Nepal leading non-life Shikhar Insurance Company Limited. The company’s board of directors made the decision during its 340th meeting, held on Thursday, October 17.  ...

Kathmandu, The Ministry of Agriculture and Livestock has introduced a revised procedure for providing subsidies on crop and livestock insurance, reducing the percentage of the insurance premium subsidies that were previously available. Under the new guidelines, the standard 80...

Kathmandu, Shikhar Insurance Company has announced that it is rapidly processing insurance claims related to recent floods and landslides caused by continuous rainfall since Ashwin 11th. The company is prioritizing swift payouts for smaller and simpler claims to provide...

Kathmandu, Anju Shrestha has officially assumed the position of Chief Executive Officer (CEO) of Himalayan Everest Insurance Limited. The company confirmed that Shrestha took the oath of office during a Board of Directors meeting held on October 2.  ...