Kathmandu — Non-life insurance companies have paid a total of Rs 3.68 billion in insurance claims related to the Gen-Z protests that occurred on Bhadra 23 and 24, according to the latest data released by the Nepal Insurance Authority...

Kathmandu — Finance Minister Rameshwor Khanal has said that the private sector has started rebuilding its assets using 50 percent advance payments provided by insurance companies as part of the post-Gen-Z recovery effort. Speaking at a meeting of the...

Kathmandu – Questions have been raised regarding the internal governance practices at Himalayan Everest Insurance Company, as employees from various departments are reportedly required to visit the residence of Chairman Mahendra Krishna Shrestha in Babarmahal to obtain signatures on...

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...