Kathmandu – In a major shift for Nepal’s insurance industry, several non-life insurance companies have started disbursing advance claim payments to policyholders affected by the recent Gen Z protests, marking a new era of prompt compensation and responsible insurance...

Kathmandu — NLG Insurance Company Limited has announced that it will be conducting a three-day non-life insurance agent training starting from Ashoj 30 (October 16). The company issued a public notice inviting interested Nepali citizens to participate in the...

Kathmandu — Demonstrating swift action and reliability in crisis response, Shikhar Insurance Company has settled 218 insurance claims within just 17 working days, amounting to Rs 420.1 million, for losses caused during the Gen-Z protest on Ashoj 24. Despite...

Kathmandu — The Nepal Insurance Authority has reported that the total initial insurance claims filed following the Gen-Z protest, which began on Bhadra 23, have reached a staggering Rs 23.22 billion. As of Ashoj 23, a total of 3,099...

Kathmandu — The number of insurance claims for physical property damage caused during recent protests continues to rise. In contrast, the total claim amounts are being adjusted as surveyors assess the damages on the ground. According to the Nepal...

Kathmandu – The Nepal Insurers Association has called on insurance companies to expedite claim payments for damages caused by the recent incessant rainfall across various parts of the country. In a public appeal, the association urged all insured individuals...

Kathmandu – Kunal Kayal, Chairman of Sanima GIC Insurance Company Limited, has been appointed as the Vice President of the Nepal-India Chamber of Commerce and Industry (NICCI). Kayal has been actively involved in the chamber’s leadership for the past...

Kathmandu – IGI Prudential Insurance Limited and Kathmandu National Medical College and Teaching Hospital SB Health Care, Ghattekulo, have signed an agreement to provide cashless hospitalisation services to policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer...

Kathmandu – United Ajod Insurance Limited has appointed dedicated contact persons to streamline the payment of insurance claims for damages caused by the heavy rains on Ashoj 18 and 19, which led to floods and landslides across the country....

Kathmandu — Himalayan Everest Insurance Limited has taken swift and effective action to settle insurance claims related to damages incurred during the Gen Z protest on Bhadra 23 and 24. The company has simplified the claims process to ensure...