Hongkong (Reuters) — Shares of China Taiping Insurance Holdings (0966.HK) fell sharply on Thursday amid concerns that the company faces more than $200 million in insurance exposure linked to a massive fire at a residential complex in Tai Po,...

Kathmandu — A review has shown that Himalayan Everest Insurance returned a portion of an insurance fee collected from Labim Mall in Lalitpur by categorizing it as advertising expenditure. The company had charged around Rs. 3 million in insurance...

Kathmandu — The Nepal Insurance Authority and Tribhuvan University’s Central Department of Statistics havae signed a Memorandum of Understanding (MoU) aimed at developing a collaborative framework for insurance-related research and academic exchange. The agreement was signed today at the...

Kathmandu — ICRA Nepal has removed the negative watch placed earlier on United Ajod Insurance Limited and has maintained the company’s issuer rating at the existing ‘Triple Plus’ level. According to the rating update, the assessment reflects a medium...

Kathmandu – The MDRT Global Conference, a major annual event for insurance agents worldwide, has revised its business targets for the upcoming year. The conference has increased this year’s participation target by 18 percent compared to last year. Insurance...

Abu Dhabi – Ambassador Dr. Sarmila Parajuli Dhakal, President of the International Relations & Global Diplomacy Dialogue (IRGDD) and former Ambassador of Nepal, held a series of high-level meetings in Abu Dhabi to explore strategic collaboration in diplomacy and...

Kathmandu – Nepal Reinsurance Company has been unable to publish its fourth-quarter financial statement for fiscal year 2080/81 after inconsistencies were reportedly found across several accounting records. The delay has drawn the attention of the Insurance Authority, which has...

Kathmandu – Laxmi Ghimire, an agent of IME Life Insurance Company Limited, has successfully met the annual target set by the Million Dollar Round Table (MDRT) for Nepal in 2025. In addition, she has achieved the prestigious Court of...

Kathmandu – All 14 life insurance companies have published their first quarter financial statements for the current fiscal year, revealing a 12.25 percent growth in total life insurance business compared to the same period last fiscal year. By the...