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...

Kathmandu – The Nepal Stock Exchange (NEPSE) closed lower on the last trading day of the week, with the benchmark index falling by 38.10 points to settle at 2,782 points. Out of the total listed companies, share prices of...

Kathmandu – A tragic road accident in Dolakha has claimed the life of Siddhartha Premier Insurance’s Dolakha branch in-charge, Shirish Basnet, along with another youth. The incident occurred on Bhadra 11 at Ramite Danda, Bhimeshwor Municipality-6, when two motorcycles...

Kathmandu – Neco Insurance Limited has announced that it will be conducting a non-life insurance agent training program from Bhadra 22 to 24 (September 7 to 9). According to the public notice issued by the company, the training sessions...