Neco Insurance Settles Claims for Families of Deceased Mountaineers
23rd August 2026, Kathmandu
Neco Insurance Limited has paid insurance claims to the families of Nepali climbers
Neco Insurance Settles Claims
The climbers included Gyalu Sherpa and Ngang Thindu Sherpa, who lost their lives in an avalanche on Broad Peak, the world’s 12th-highest mountain located in Pakistan’s Karakoram mountain range.
A total of 10 people, including renowned mountaineer Nirmal Purja, were killed in the avalanche, five of whom were Nepali citizens.
Claim Settlement and Operational Response
The insurance claims were paid under a trekking and expedition insurance policy arranged through Seven Summit Treks Pvt. Ltd. Neco Insurance completed the necessary procedures and conducted an investigation and assessment before settling the claims.
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The company stated that providing financial relief and support to the families of insured individuals during times of disaster and hardship is one of the key purposes of insurance.
Thaneshwor Guragain, Managing Director of Seven Summit Treks, expressed appreciation for Neco Insurance’s prompt claim settlement. He noted that Sherpas are the backbone of the trekking and expedition industry and said the payment provided relief to the affected families.
Pawan Thapa, Deputy Chief Executive Officer of Neco Insurance, said insurance is an important mechanism for providing financial security to insured individuals and their families during accidents and disasters. He emphasized the importance of appropriate insurance protection for people working in the trekking and mountaineering sectors.
Neco Insurance said it remains committed to providing fast, simple, and effective claim settlement services to policyholders and customers in the future.
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