Nepal Re-Insurance and Himalayan Re Leads NEPSE Turnover in the Month of Ashoj

Kathmandu — Nepal Reinsurance Company Limited (Nepal Re) topped the Nepal Stock Exchange (NEPSE) in terms of share turnover during the month of Ashoj. According to NEPSE’s monthly data, Nepal Re-Insurance recorded transactions worth over Rs 3.77 billion, the...


National Life Insurance Organizes ‘Start of Success’ Program Featuring Legendary Actor Rajesh Hamal

Kathmandu — National Life Insurance Company Limited organized a special one-night, two-day motivational event titled ‘Start of Success’ for its agents at Hotel Pokhara Grand, Pokhara. The program aimed to inspire agents through the motivational journey and experiences of...


Governance Concerns Emerge at Himalayan Everest Insurance

Kathmandu — Concerns have surfaced regarding the management practices at Himalayan Everest Insurance, with employees reporting internal coordination issues and limited executive decision-making authority. According to staff members, the company’s operations have become increasingly centralized under Chairman Mahendra Krishna...


Leadership Vacuum at Nepal Insurance Authority as Chairman Absent for a Month

Kathmandu — The Nepal Insurance Authority (NIA) has faced administrative delays as its newly appointed Chairman, Janakraj Sharma, has been absent for nearly a month due to illness. Sharma, a Joint Secretary to the Government of Nepal and Deputy...


Nepal Insurance Authority Renews 37 Insurance Companies Across Sectors

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...


Kapil Kumar Dahal Appointed Acting CEO of Himalayan Life Insurance

Kathmandu — The Board of Directors of Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the acting Chief Executive Officer (CEO) of the company. The decision was made during the board meeting held on Wednesday. Dahal, who...


Banks Remove Nepal Reinsurance Company Shares from Margin Loan Eligible List

Kathmandu – Banks have begun delisting the shares of Nepal Reinsurance Company Limited (Nepal Re) from their margin loan eligible lists, citing rising risk exposure after it was revealed that riot insurance coverage exists only under Nepal Re. Each...


Insurance Authority Board Inactive for Two Months, Disrupts Key Policy and Administrative Works

Kathmandu — Several crucial policy and administrative functions of the Nepal Insurance Authority (NIA) have been disrupted due to the Authority’s failure to convene its board meeting for over two months. The board, which last met in Bhadra, has...


Government to Convert All Public Corporations into Companies

Kathmandu – The government has announced plans to convert all public corporations into companies, aiming to enhance transparency, efficiency, and accountability in the public sector. This major reform comes with the introduction of the Public Corporation Management and Good...


Nepal Life Insurance Earns ‘Double A Minus’ Rating for Strong Financial Stability and Reliability

Kathmandu — Nepal Life Insurance Limited has achieved a significant milestone by securing a ‘Double A Minus (AA–)’ credit rating from ICRA Nepal, recognizing the company’s exceptional reliability and robust financial performance. This rating places Nepal Life among the...