Himalayan Everest Insurance Achieves Strong Growth and Stability Amid Rising Competition


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Himalayan Everest Insurance Achieves Strong Growth and Stability Amid Rising Competition

Himalayan Everest Insurance (HEI) has demonstrated impressive resilience and financial strength in Nepal’s increasingly competitive non-life insurance sector, posting notable growth by the end of fiscal year 2081/82 (July 2025).

Despite mounting challenges in the market, HEI reported a total premium income of NPR 4.03 billion, marking a double-digit growth compared to the same period last year. The company credited its consistent progress to the trust of customers, operational excellence, and the dedication of its workforce.

In the same review period, HEI also settled claims worth NPR 1.65 billion, reinforcing its commitment to efficient and prompt claim resolution in accordance with regulatory standards. The company emphasized that superior customer service continues to be at the heart of its operations.

Addressing stakeholders through a video message, CEO Ms. Anju Shrestha described the company’s performance as a source of renewed energy and confidence. She stated that this milestone sets a new benchmark for HEI, which will now accelerate digitization, modernize its technology, and prioritize customer relationship strengthening in the upcoming fiscal year.

HEI further announced a special focus on claims arising from natural disasters and catastrophic events, stressing the importance of quick and fair settlements in times of crisis.

With a clear vision to expand insurance access to grassroots levels, HEI remains committed to maintaining its professional integrity and delivering sustainable value to shareholders. Despite pressures from natural disaster-related claims and rising operational costs, the company has consistently improved its claims management system, sustained earnings per share growth, and reinforced its position among Nepal’s top non-life insurers.

As the insurance industry in Nepal continues to evolve, Himalayan Everest Insurance stands out for its disciplined execution, strong governance, and customer-centric strategies—ensuring continued momentum in the days ahead.

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