Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate...

Kathmandu – Sun Nepal Life Insurance Company Limited has received an upgraded credit rating of ‘Triple B Plus (BBB+)’ from Care Ratings Nepal Limited (CRNL), signaling stronger financial credibility and claim-paying capacity. CRNL cited the company’s consistent premium growth, sound claims management, and improving underwriting...

Kathmandu — Nepal Reinsurance Company Limited (Nepal Re) topped the Nepal Stock Exchange (NEPSE) in terms of share turnover during the month of Ashoj. According to NEPSE’s monthly data, Nepal Re-Insurance recorded transactions worth over Rs 3.77 billion, the...

Kathmandu — National Life Insurance Company Limited organized a special one-night, two-day motivational event titled ‘Start of Success’ for its agents at Hotel Pokhara Grand, Pokhara. The program aimed to inspire agents through the motivational journey and experiences of...

Kathmandu — Concerns have surfaced regarding the management practices at Himalayan Everest Insurance, with employees reporting internal coordination issues and limited executive decision-making authority. According to staff members, the company’s operations have become increasingly centralized under Chairman Mahendra Krishna...

Kathmandu — The Nepal Insurance Authority (NIA) has faced administrative delays as its newly appointed Chairman, Janakraj Sharma, has been absent for nearly a month due to illness. Sharma, a Joint Secretary to the Government of Nepal and Deputy...

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...

Kathmandu — The Board of Directors of Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the acting Chief Executive Officer (CEO) of the company. The decision was made during the board meeting held on Wednesday. Dahal, who...

Kathmandu – Banks have begun delisting the shares of Nepal Reinsurance Company Limited (Nepal Re) from their margin loan eligible lists, citing rising risk exposure after it was revealed that riot insurance coverage exists only under Nepal Re. Each...

Kathmandu — Several crucial policy and administrative functions of the Nepal Insurance Authority (NIA) have been disrupted due to the Authority’s failure to convene its board meeting for over two months. The board, which last met in Bhadra, has...