Kathmandu – The Nepal Association of  Financial Journalists (NAFIJ) has taken a historic step to ensure the safety and well-being of its members by providing group accident insurance worth Rs 165 million. This initiative covers 235 NAFIJ members and...

Kathmandu – The second annual general meeting of the government-owned Rastriya Beema Company Limited was held at Anmol Catering Services Pvt. Ltd., Shankhamul, Kathmandu today, where shareholders raised critical concerns over the company’s financial management and practices. A significant...

Kathmandu – The second annual general meeting of the government-owned Rastriya Beema Company Limited is being held today at Anmol Catering Services Pvt. Ltd., Shankhamul, Kathmandu. Despite the weight of unresolved complaints and non-compliance with auditing principles, the meeting...

Kathmandu – The Government of Nepal has begun drafting a bill to regulate alternative finance mobilization, aiming to diversify investment sources and support large-scale infrastructure projects. The Ministry of Finance is preparing the “Bill to Make Provisions Regarding Alternative...

Kathmandu – IME Life Insurance Company Limited is gaining recognition for its swift and efficient claim settlement processes in Nepal’s life insurance sector. The company has been settling claims amounting to millions of rupees every month, ensuring prompt service...

Kathmandu – The Nepal Insurance Authority convened a high-level meeting on Sunday, bringing together chief executive officers (CEOs) of both life and non-life insurance companies operating in the country. The discussions, led by the authority’s chairman Madan Dahal, focused...

Kathmandu – Insurance companies in Nepal have reported claims amounting to Rs 12.86 billion due to damages caused by floods and landslides following incessant rains in the month of September last year. According to the Nepal Insurance Authority, a...

Kathmandu – The rising trend of life insurance policy surrenders in Nepal has become a growing concern for the insurance sector. According to data from the Nepal Insurance Authority, a total of 45,060 life insurance policies worth Rs 6.1...

Kathmandu – The Insurance Authority is set to fill its long-standing vacant positions, including the post of Executive Director, through an internal promotion process. This decision follows the Public Service Commission’s (PSC) recent approval for the Authority to proceed...

Kathmandu – Six Nepali life insurance agents have achieved the esteemed Top of the Table (TOT) designation for 2025, a milestone awarded by the Million Dollar Round Table (MDRT) based on exceptional business performance in 2024. This recognition is...