Thursday 21st May 2026
Kathmandu — Sanima GIC Insurance Limited has successfully concluded its eighth Annual General Meeting (AGM). The meeting was held at Nepal Police Club in Pradarshani Marg, Kathmandu. The AGM approved the company’s proposal to distribute a 5 percent bonus share and a 0.2632 percent cash dividend for tax purposes...
Kathmandu — Non-life insurance companies in Nepal have significantly expanded their investment in the capital market, increasing their exposure to shares of companies listed across various sectors on the secondary market. According to data provided by the Nepal Insurance Authority, non-life insurers had invested a total of NPR 5.44...
KATHMANDU — Life insurance companies in Nepal have invested more than NPR 46 billion in the stock market as of the third quarter of the current fiscal year 2025/26. According to data released by the Nepal Insurance Authority, 13 listed life insurance companies had collectively invested NPR 46.11 billion in the secondary market by the end of Chaitra of the current fiscal year. Among...
Kathmandu — Sanima GIC Insurance Limited has successfully concluded its eighth Annual General Meeting (AGM). The meeting was held at Nepal Police Club in Pradarshani Marg, Kathmandu. The AGM approved the company’s proposal to distribute a 5 percent bonus share and a 0.2632 percent cash dividend for tax purposes based on its current paid-up capital of NPR 2.15 billion....
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the other suspended—and now stands cautiously under interim leadership. These events, unfolding one after another, have exposed not just the fragility...
Kathmandu — The Nepal Insurance Authority has barred Himalayan Reinsurance from underwriting new reinsurance business for two months. The Authority stated that, except for reinsurance claim settlements and retrocession-related activities connected to existing reinsurance business, the company will not be allowed to undertake any new reinsurance business until the end of the fiscal year 2025/26. The restriction was imposed...
Kathmandu — A branch manager of Global IME Bank has been found dead in an apparent suicide after posting a message on social media targeting the bank’s top management. The deceased, Pitambar Khadka, reportedly shared a Facebook post on May 18 in which he wrote “You bastard killed me” and posted photos of the bank’s Chief Executive Officer Surendra Raj Regmi along with several senior officials. The post also...
