Kathmandu – Non-life insurance companies in Nepal have recorded a total business of Rs 28.02 billion in the first eight months of the current fiscal year 2081/082, reflecting a 7.12 percent increase compared to the same period last year....

Kathmandu – Non-life insurance companies in Nepal earned a total insurance premium of Rs 3.75 billion 47 million in the month of Falgun (mid-February to mid-March), reflecting a 2.92 percent increase compared to the same month last fiscal year....

Kathmandu — Sharad Ojha, the newly appointed Chairman of the Nepal Insurance Authority (NIA), has directed all internal departments to submit their Standard Operating Procedures (SOPs) in writing to the provincial offices. Ojha instructed all department heads to formally...

Kathmandu — The Insurance Authority of Nepal is preparing to issue unified directives to strengthen the financial health of insurance companies and address challenges faced by policyholders. Chairman Sharad Ojha made this announcement while addressing an interaction program on...

Kathmandu – Neco Insurance Company has extended the deadline for applying for its right shares to Chaitra 14 (March 27). The original deadline, which was set for Falgun 28 (March 12), was pushed back due to insufficient applications. Neco...

New Delhi (ANI) – The demand for electric vehicle (EV) insurance in India has witnessed a remarkable 16-fold increase over the past three years, with Delhi-NCR emerging as the market leader with an 18.3% share, according to internal data...

Kathmandu — Chairman of the Nepal Insurance Authority (NIA), Sharad Ojha, has stressed the need for cooperation from employee unions, insurance associations, and all stakeholders to effectively implement the responsibilities outlined in the Insurance Act. Speaking at a special...

Kathmandu — A new working committee of the Nepal Insurance Authority Employees Union has been formed following recently held elections. Prem Hari Pokharel has been elected as the president of the union. Anurag Pandey and Romila Sharma have been...

Kathmandu — Sanima Reliance Life Insurance successfully concluded its eighth annual general meeting (AGM) today at Anmol Banquet in New Baneshwor. The meeting, which began at 11 a.m. today, approved key proposals, including dividend distribution and amendments to company...

Kathmandu – Nepal Insurance Authority (NIA) and the Royal Monetary Authority (RMA) of Bhutan have agreed to strengthen bilateral cooperation and exchange of expertise in the insurance sector. The discussions took place during a meeting between Sharad Ojha, Chairman...