Over Rs 14.5 Million in Insurance Claims Paid After Tinkune Incident, Majority Still Pending

Kathmandu — Non-life insurance companies in Nepal have disbursed over Rs 14.5 million in compensation following the violent clashes and property damage during the royalist movement in Tinkune on Chaitra 15, 2081 (March 30, 2025) . According to data,...


Rastriya Beema Company Announces Date for Third Annual General Meeting

Kathmandu — Rastriya  Beema Company Limited has announced that it will hold its third Annual General Meeting (AGM) on Ashar 29, 2082 (July 13, 2025). The decision was made during a recent meeting of the company’s Board of Directors...


Experts Call for Urgent Reform in Hydropower Insurance Policy

Kathmandu – Stakeholders in Nepal’s insurance and energy sectors have called for the immediate formulation of a new, comprehensive insurance policy tailored specifically to the hydropower sector, warning that the current system is putting billions of rupees in investment...


General Insurance Association of Nepal Urges Review of Share Trading Ban for Directors

Kathmandu – General Insurance Association of Nepal (GIAN) has officially called on regulatory bodies to amend the rule that restricts company directors from trading shares during their tenure and for one year after leaving office, terming it impractical and...


National Life Insurance Holds 37th AGM, Approves Dividend and Elects New Directors

Kathmandu – National Life Insurance Company Limited successfully conducted its 37th Annual General Meeting (AGM) at its central office in Lazimpat today. The meeting was held under the chairmanship of the company’s Board of Directors Chairperson Prema Rajya Laxmi...


Rastriya Jeevan Beema Company Announces Bonus Rate for FY 2069/70

Kathmandu — Rastriya Jeevan Beema Company Limited has announced the bonus rate for the fiscal year 2069/70. The company has maintained a bonus rate of Rs 55 per thousand sum assured per annum on all types of life insurance...


LIC Nepal Announces Date for 23rd AGM to Approve Bonus Shares and Dividend

Kathmandu — Life Insurance Corporation (Nepal) Limited (LIC Nepal) has announced its 23rd Annual General Meeting (AGM), scheduled for Monday, Ashar 30 (July 14), at the Nepal Administrative Staff College, Jawalakhel, Lalitpur, starting at 11:45 AM. The decision to...


Audit Reveals Accounting Discrepancies in Citizens Investment Trust’s Insurance Records

Kathmandu — Serious irregularities have surfaced in the management of life insurance premiums by the Citizens Investment Trust (CIT), raising concerns about financial transparency and accountability within the public investment system. An internal communication received by the Fund from...


Insurance Authority Tightens Grip on Illegal Cashback Practices in Non-Life Insurance

Kathmandu – An ongoing investigation into unauthorised cashback practices has sent shockwaves through Nepal’s non-life insurance industry, with the Insurance Authority intensifying its oversight and aiming to eliminate the practice entirely. Cashback—an illegal incentive offered to secure large insurance...


NIRMA Celebrates Sixth Anniversary by Honoring Key Supporters and Members

Kathmandu – The Nepal Insurance and Risk Management Association (NIRMA) celebrated its sixth anniversary by honoring individuals and organizations that have significantly contributed to its growth and success. At a special ceremony held in Kathmandu, the Chairman of Nepal...