United Ajod Insurance Sets Benchmark in Customer-Centric Service

Kathmandu – United Ajod Insurance, operating under the slogan ‘United by Trust’, has emerged as a leading example of customer-focused insurance service in Nepal. Beyond providing traditional insurance, the company positions itself as a reliable partner, supporting policyholders during...


Shikhar Insurance Pays Rs 300 Million in Claims After Gen-Z Protests

Kathmandu – Shikhar Insurance has announced that it has paid out insurance claims worth nearly Rs 300 million to more than 40 insured clients whose properties were damaged during the Gen-Z protests on Bhadra 23 and 24. The company...


Non-life Insurance Premiums Cross Rs 8 Billion in Two Months

Kathmandu – Non-life insurance companies have collected more than Rs 8 billion in premiums in the first two months of the current fiscal year. According to data released by the Nepal Insurance Authority, non-life insurers recorded a total business...


Non-Life Insurance Companies Collect Over Rs 8 Billion Premium in First Two Months of FY

Kathmandu — Non-life insurance companies in Nepal have earned more than Rs 8 billion in total insurance premiums during the first two months of the current fiscal year. According to data released by the Nepal Insurance Authority, 14 non-life...


Siddhartha Premier Insurance Swiftly Settles Claims from Gen Z Protests

Kathmandu — Siddhartha Premier Insurance has taken the lead in settling insurance claims arising from the recent Gen Z protests, underlining its commitment to providing fast and reliable financial relief to affected policyholders. The company confirmed that it has...


Government to Insure All Public Property After Gen Z Protest Losses

Kathmandu — In a landmark decision for Nepal’s insurance industry, the government has announced it will begin insuring public property, a move long demanded by general insurance professionals. The policy shift follows the extensive damage to government structures during...


Insurance Claims from Gen Z Protest Exceed Rs 23.39 Billion

Kathmandu — The Nepal Insurance Authority has reported that insurance claims linked to the recent Gen Z protest, which began on Bhadra 23, have crossed Rs 23.39 billion. By Ashoj 8, a total of 2,988 claims had been filed...


Public Property Insurance: Nepal Needs a Dedicated Risk Management Modality

Kathmandu — The recent destruction of public and private property across the country has once again raised a critical question: how should Nepal manage the risks associated with public assets? While individuals and businesses rely on commercial insurance for...


CEO Chhetri Urges Mandatory Insurance for Government Property

Kathmandu – Chunky Chhetri, outgoing president of the Nepal Insurers Association and CEO of Sagarmatha Insurance Company, has called for government property to be insured, emphasizing its importance in mitigating financial losses from unforeseen events. Chhetri made the remarks...


Nepali Non-Life Insurers Capable of Handling Record Claims from Gen Z Agitation, Says NIA President

Kathmandu – Nepali non-life insurance companies are fully capable of paying claims arising from the recent Gen Z agitation, Nepal Insurance Association (NIA) President Birendra Baidwar has stated. Speaking at a program on the future of economic revival organized...