Kathmandu – The Ministry of Finance has received only one application for the position of Chairman of the Nepal Insurance Authority (NIA), despite interest from over a dozen aspirants. Applications can be submitted to the Financial Sector Management and...

Kathmandu – The Nepali stock market witnessed a modest increase on Tuesday, the third trading day of the week, bringing cheer to investors in the insurance sector. Both the Life Insurance and Non-Life Insurance indices closed in the green,...

Kathmandu – Employees of Sanima Reliance Life Insurance are participating in an international training program hosted by the Insurance Institute of India, Mumbai. The three-day event, scheduled from 20 to 22 January, focuses on enhancing the professional skills of...

Kathmandu – Rastriya Beema Company Limited is set to organize basic training for individuals interested in becoming non-life insurance agents. The training will take place at the company’s central office in Kathmandu from February 2 to February 5, running...

Kathmandu – Nepal Life Insurance Company Limited successfully hosted the ‘Nepal Life MDRT Achievers Award 2025’ on Saturday at the Soaltee Hotel, Kathmandu. The event honored 95 agents who achieved the prestigious MDRT (Million Dollar Round Table) target for...

Kathmandu – Himalayan Everest Insurance has made significant investments totaling Rs 4.93 billion by the end of the first quarter of the current fiscal year, according to data from the Nepal Insurance Authority. The largest portion of the company’s...

Kathmandu – Guardian Micro Life Insurance Limited conducted its IPO allotment today at 9 AM at Kumari Capital Limited, Naxal. A total of 1,830,875 individuals had applied for the IPO. Out of these, 8,452 applications were canceled, leaving 1,822,405...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 153,402 shares belonging to its founder group. Of the shares on sale, 120,780 belong to founder shareholder Saila Shrestha, 18,348 to Sunrise Holdings Pvt. Ltd., 12,078 to...

Kathmandu – The Securities Board of Nepal (SEBON) has approved Crest Micro Life Insurance Company to issue its Initial Public Offering (IPO). The company will issue 2.25 million units of shares at a face value of Rs 100 per...

Kathmandu – Federation of Contractor’s Associations of Nepal (FCAN), President Rabi Singh has raised concerns about irregular practices in Nepal’s insurance and reinsurance sectors. Speaking at a program held in Kathmandu to announce a protest, Singh alleged that reinsurance...