Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Himalayan Everest Insurance (HEI) has once again made Nepal proud on the global stage by securing two highly prestigious international awards at a grand ceremony held in Singapore on Wednesday. The company was honored with the titles of “Domestic General Insurer of the Year 2025” and “Insurance Product Innovation of the Year 2025”, marking a significant milestone for Nepal’s insurance sector in the Asia-Pacific region.
The awards were received by HEI Chairperson Mahendra Krishna Shrestha and Director Bijay Kumar Pant, who attended the event representing the company. These recognitions—granted at one of the most respected platforms in the regional insurance industry—underscore the growing international credibility of Nepal’s insurance market.
A Legacy of Global Recognition
This isn’t the first time HEI has been recognized internationally. In 2023, the company won the Insurance Asia Award, followed by the Domestic General Insurer of the Year 2024 and Strategic Partnership of the Year 2024 awards. With each accolade, HEI continues to build on its legacy of excellence and innovation.
Driving Success Through Strategy and Customer-Centricity
Industry experts attribute HEI’s consistent global recognition to its customer-first approach, innovative insurance products, and strategic expansion initiatives. From digitized claims handling to personalized coverage plans, the company has continuously evolved to meet changing consumer demands.
Chairperson Shrestha expressed heartfelt gratitude on receiving the awards, stating,
“This achievement is a result of our team’s unwavering dedication and hard work. It reflects the strength and spirit of HEI’s collective commitment.”
Director Pant emphasized that international recognition has inspired the company to push further,
“These accolades fuel our responsibility to move forward with more determination, innovation, and professionalism.”
Boost to Nepal’s Insurance Industry
HEI’s achievement marks a major boost for Nepal’s insurance ecosystem, highlighting the potential of domestic companies to compete—and win—on global platforms. As Nepal seeks to expand its financial sector and attract more foreign direct investment (FDI), such recognition plays a crucial role in enhancing trust and credibility internationally.
This latest win positions HEI not just as a domestic leader, but as a regional force in insurance excellence, product innovation, and corporate governance.
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