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Himalayan Everest Insurance has been successful in maintaining financial strength despite tough competition

nabil bank

Kathmandu. Nepal’s non-life insurance sector is becoming more competitive and challenging day by day. Hei has achieved remarkable success in expanding its business in the fiscal year 2081÷82, amid the need for insurance companies to continuously improve customer service and operating efficiency to maintain their business growth and profitability in a rapidly changing environment.

During this period, the company earned a total premium of Rs 4.03 billion. By the end of this financial year, the company has been able to achieve double digit growth compared to the same period last year. The success achieved in a highly competitive market is a reflection of the continuous trust, operational excellence and continuous hard work and perseverance of the entire workforce.

Similarly, the company paid a total of Rs 1.65 billion in claims during the review period. The company will continue its efforts to remain strong in customer service by settling claims in accordance with regulatory arrangements in a quick and easy manner

said.

Anju Shrestha, CHIEF Executive Officer of Himalayan Everest Insurance, said that this achievement has given new energy, hope and confidence. This will be a new benchmark for everyone, which he hopes to reach higher heights. In the next fiscal year, the company has given priority to digitization and technical modernization while continuing customer satisfaction and relationship strengthening.

According to the company, settlement of claims of damage caused by natural disasters will be a special priority. According to the company, clearing claims of damage caused by natural disasters is a special priority.

Despite these challenges, Himalayan Everest Insurance Limited has been able to maintain its position among the best non-life insurance companies in the country. With this achievement so far, he believes that he has increased his business reputation and dedicated himself to the reach of insurance at the grassroots level and customer-centric service.

Despite financial challenges, HEI has been able to make claim payments on time and continuously improve claims. The company believes that it will be able to provide stable returns to shareholders by continuously increasing earnings per share despite increasing claim payments due to rapid competitive markets, natural disasters, and increase in operating expenses.

Himalayan Everest Insurance Limited has maintained its success by focusing on customer trust, operational excellence and financial strength even in a highly competitive market. Despite the growing competition, the company is expected to achieve greater heights in the coming days due to the visionary strategy and disciplined implementation adopted by the company.

Prabhu
sikhar insurance

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