Kathmandu – Life insurance companies in Nepal have collectively invested a staggering Rs 25.77 billion in the stock market by the second quarter of the current fiscal year. Out of the 14 life insurance companies currently in operation, 13...
Kathmandu – SuryaJyoti Life Insurance Company has been honored with the fifth ‘Emerging Insurance Award’ for its outstanding achievements in the insurance sector. The company received this recognition during the 5th Emerging Asia Insurance Awards 2024, organized by the...
Kathmandu – The Embassy of Pakistan in Kathmandu hosted the Inaugural Ceremony of the 10th Edition of the Pakistan-Nepal Friendship T20 Cricket Tournament-2025 today, celebrating a decade of fostering goodwill and collaboration through sports. The event was graced by...
Kathmandu – Non-life insurance companies in Nepal have made substantial investments across diverse sectors, surpassing NPR 68 billion by the second quarter of the current fiscal year. According to data published by the Nepal Insurance Authority, 14 non-life insurance...
Kathmandu – The Nepal Insurers’ Association has unanimously elected a new leadership team ahead of its general meeting today. The nominations, finalized yesterday, saw prominent figures from the insurance industry taking on key roles. Siddhartha Premier Insurance CEO Birendra...
Kathmandu – Out of the total insurance claims amounting to Rs 12.78 billion from the devastating floods and landslides triggered by incessant rains in last September 2024, non-life insurance companies have paid only Rs 2.5 billion so far. This...
Kathmandu – Life insurance companies operating in Nepal have collectively invested more than Rs 700 billion in various sectors during the second quarter of the current fiscal year, according to the Nepal Insurance Authority. The 14 life insurance companies...
Kathmandu – Himalayan Life Insurance Limited has published its financial statements for the second quarter of the current fiscal year, revealing an 8.73% growth in net profit compared to the same period last year. The company’s net profit rose...
Kathmandu – Sushil Dev Subedi has been appointed as the new Executive Director of the Nepal Insurance Authority. The decision was made during a meeting of the Authority’s Recruitment Committee held on February 5, 2025. Subedi, who joined the...
Kathmandu – Himalayan Life Insurance has introduced a special discount on late fees for expired insurance policies, providing policyholders with an opportunity to renew their policies at reduced costs. The company has announced discounts of up to 75 percent...