Insurance Claims from Gen-Z Movement Reach Rs 23.23 Billion

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...


Government to Convert All Public Corporations into Companies

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...


Deepak Kumar Dhoot Appointed Deputy CEO of Siddharth Premier Insurance

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)....


Priceless Jewels Stolen From the Louvre in Heist, None Were Insured

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...


Siddhartha Premier Insurance Pays Rs. 1.25 Billion in Claims to Gen-Z Protest Victims Within 23 Working Days

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...


Siddhartha Premier Receives the Highest Insurance Claims from Gen-Z Protest; Over 1.95 Billion Paid So Far

Kathmandu – Insurance companies have begun disbursing large-scale claim payments following the Gen-Z protest. According to the latest data released by the Nepal Insurance Authority, non-life insurance companies have so far received Rs 23.19 billion in initial insurance claims...


Sudurpaschim Royals Appoints Sagarmatha Lumbini Insurance as Official Partner for NPL Season-2

Kathmandu – Sudurpaschim Royals has appointed Sagarmatha Lumbini Insurance as its official insurance partner for the upcoming Nepal Premier League (NPL) Season-2. An agreement to this effect was signed between Chunky Chhetri, Chief Executive Officer of Sagarmatha Lumbini Insurance,...


Effectiveness of Training in the Insurance Sector

Training is a vital process that enhances learning, sharpens skills, and cultivates professional growth. The effectiveness of any training depends on several factors — the content, type, timing, location, and most importantly, the expertise and approach of the trainer....


Nepal Insurance Authority Holds Interaction Program on Agriculture, Livestock, and Herbs Insurance

Kathmandu — The Nepal Insurance Authority (NIA) has organized an interaction program focused on agriculture, livestock, and herb insurance with representatives from various insurance companies. The program, held on Wednesday at the Authority’s central office in Kupandol, Lalitpur, aimed...


Insurance Companies Begin Advance Claim Payments Following Gen Z Protests

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...