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Interest in home and property insurance surges after Gen-Z protests, Insurers report spike in inquiries

KATHMANDU: The nationwide Gen-Z protests in August, which saw widespread arson and vandalism across public and private properties, have triggered a significant rise in demand for home and property insurance in Nepal. According to multiple insurance companies, there has been a notable increase in inquiries from households, business owners,...

Interest in home and property insurance surges after Gen-Z protests, Insurers report spike in inquiries
IME Life Insurance posts Rs 158.3 mln profit in Q1, Insurance income and life fund expand

IME Life Insurance posts Rs 158.3 mln profit in Q1, Insurance income and life fund expand

Non-Life Insurance business crosses Rs 12.92 bn in three months; SALICO surpasses Shikhar in premium collection

Non-Life Insurance business crosses Rs 12.92 bn in three months; SALICO surpasses Shikhar in premium collection

Nepal Reinsurance begins payout of Rs 1.5 billion to insurance companies for GenZ movement damages

Nepal Reinsurance begins payout of Rs 1.5 billion to insurance companies for GenZ movement damages

Insurance claims from recent GenZ protests reach Rs 23.22 billion

Insurance claims from recent GenZ protests reach Rs 23.22 billion

Gen Z protests trigger Rs 22.25 billion insurance claims

Gen Z protests trigger Rs 22.25 billion insurance claims

Insurance Authority Chairman Sharad Ojha returns to office following Supreme Court order

Insurance Authority Chairman Sharad Ojha returns to office following Supreme Court order

Nepal Insurance Authority revises investment guidelines for insurers: Key changes explained

Nepal Insurance Authority revises investment guidelines for insurers: Key changes explained

Non-life insurers invest over Rs 66.23 bn in FY 2081/82, Siddhartha Premier tops the chart

Non-life insurers invest over Rs 66.23 bn in FY 2081/82, Siddhartha Premier tops the chart

Millions flow abroad annually for actuarial valuation as Nepal fails to produce insurance actuaries

Millions flow abroad annually for actuarial valuation as Nepal fails to produce insurance actuaries

Rastriya Beema Company proposes ownership restructuring to expand public shareholding

Rastriya Beema Company proposes ownership restructuring to expand public shareholding

Protective Micro Insurance earns 79.57pc higher profit in lalst FY amid surging insurance premium collection

Protective Micro Insurance earns 79.57pc higher profit in lalst FY amid surging insurance premium collection

Nepal Life becomes first life insurer to win Silver Award for best annual report

Nepal Life becomes first life insurer to win Silver Award for best annual report

Rasuwagadhi-Kyirong flood triggers Rs 290 mln insurance claims across 9 companies

Rasuwagadhi-Kyirong flood triggers Rs 290 mln insurance claims across 9 companies

Insurance Authority directs Life Insurers to include all premium types in business targets

Insurance Authority directs Life Insurers to include all premium types in business targets

Earthquake, flood, fire? Rs 5,000 is all you need to protect a Rs 10 million home

Earthquake, flood, fire? Rs 5,000 is all you need to protect a Rs 10 million home

Himalayan Everest Insurance wins two prestigious international awards, Enhancing Nepal’s global insurance reputation

Himalayan Everest Insurance wins two prestigious international awards, Enhancing Nepal’s global insurance reputation

Insurance coverage reaches 47.95pc in Nepal, Annual business nears Rs 200 billion in 11 months

Insurance coverage reaches 47.95pc in Nepal, Annual business nears Rs 200 billion in 11 months

Nepal’s life insurance industry hits NPR 154 billion in premiums, boosting growth

Nepal’s life insurance industry hits NPR 154 billion in premiums, boosting growth

Prabhu Insurance proposes 18.94% dividend for FY 2023-24

Prabhu Insurance proposes 18.94% dividend for FY 2023-24

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