Kathmandu – NLG Insurance Company Limited is set to implement an inclusive insurance program in partnership with the United Nations Development Programme (UNDP). The initiative will be carried out under the Inclusive Insurance Innovation Challenge (IIC), a competition aimed...

The aviation insurance market is bracing for a major shake-up in the aftermath of the catastrophic Air India crash in Ahmedabad, which claimed 241 lives. Industry insiders say the tragedy is expected to send airline insurance premiums soaring worldwide,...

Kathmandu – The Nepal Insurance Authority has ramped up regulatory oversight on 28 insurance companies following growing concerns over policy violations, especially among non-life insurers. The Authority has completed on-site supervision of 12 companies and plans to finish two...

Kathmandu – Asian Life Insurance Company Limited has announced it will hold its 17th Annual General Meeting (AGM) on Monday, Ashar 30 (July 14). The decision was made during a recent board meeting. The AGM is scheduled to take...

Kathmandu — United Ajod Insurance Limited has announced that its 31st Annual General Meeting (AGM) will take place on Monday, Ashar 30 (July 14). The meeting is scheduled to begin at 10:30 AM at Amrapali Banquet Catering and Event...

Kathmandu — A growing number of insurance companies in Nepal have yet to hold their annual general meetings (AGMs), leaving shareholders waiting for financial updates and returns. Even as the current fiscal year nears its end, nine companies are...

Kathmandu — Nepal Insurance Authority (NIA) Chairman Sharad Ojha has instructed all insurance companies to strengthen their internal mechanisms to combat money laundering and enhance financial transparency in the insurance sector. Speaking at a capacity-building program organized by the...

Kathmandu – Asian Life Insurance Company Limited is set to issue 42 percent right shares to its existing shareholders starting from Ashar 25 (July 9). The company has received final approval from the Securities Board of Nepal (SEBON) to...

Kathmandu – The Nepal Insurance Authority has announced plans to implement an Annual Insurance Policy starting from the upcoming fiscal year, aiming to ensure structured reforms and promote reliability across the country’s insurance sector. Speaking at an interaction program...

Kathmandu – Non-life insurance companies in Nepal have paid out claims totaling Rs 4.87 billion in response to damages caused by the devastating floods and landslides that struck the country in the month of Ashoj (September) last year. The...