Kathmandu – The Nepal Insurance Authority has released updated figures showing that non-life insurance companies have received claims exceeding Rs 27 billion for damages caused by last year’s Gen-Z movement and floods and landslides on the month of Ashoj....

Kathmandu – Sanima Reliance Life Insurance Limited has made public the new bonus rates based on the actuarial valuation report of the last fiscal year. The company stated that the updated rates will apply to all eligible policies and...

Kathmandu — Nepal’s insurance industry has once again shown that it can stand firmly with the nation during times of crisis, says Himalaya Everest Insurance Limited CEO Anju Shrestha. Reflecting on the aftermath of the Gen-Z Movement, she stated...

Kathmandu — Insurance companies operating in Nepal are making investments in accordance with the Nepal Insurance Authority’s guidelines, with notable differences in investment patterns between life and non-life insurers. Life insurance companies are found to be placing greater emphasis...

Kathmandu — The futsal competition organized by Nepal Insurance Company Limited on Mangsir 19 and 20 in Samakhushi has concluded successfully, with participation from 28 teams representing 25 organizations across Nepal’s insurance sector. Teams from the Nepal Insurance Authority,...

Kathmandu — Life insurance companies in Nepal have collectively invested close to Rs 800 billion, with Nepal Life Insurance leading the sector by a wide margin. According to the financial statements released by the Nepal Insurance Authority, the 14...

Kathmandu — The Nepal Insurance Authority (NIA) has placed two government-owned insurers — Rastriya Jeevan Beema Company and Rastriya Beema Company — under close regulatory surveillance following the discovery of serious irregularities in their financial accounts. According to the...

Hongkong (Reuters) — Shares of China Taiping Insurance Holdings (0966.HK) fell sharply on Thursday amid concerns that the company faces more than $200 million in insurance exposure linked to a massive fire at a residential complex in Tai Po,...

Kathmandu — A review has shown that Himalayan Everest Insurance returned a portion of an insurance fee collected from Labim Mall in Lalitpur by categorizing it as advertising expenditure. The company had charged around Rs. 3 million in insurance...

Kathmandu — The Nepal Insurance Authority and Tribhuvan University’s Central Department of Statistics havae signed a Memorandum of Understanding (MoU) aimed at developing a collaborative framework for insurance-related research and academic exchange. The agreement was signed today at the...