Kathmandu – The business of non-life insurance companies in Nepal has increased by 11.14 percent in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on Tuesday, the...

Kathmandu – Non-life insurance companies in Nepal have collectively earned an insurance premium totaling Rs 12.65 billion in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on...

Kathmandu – Himalayan Everest Insurance Company has incurred a significant financial burden following the recent Gen-Z movement, with insurance claims totaling nearly Rs. 971.4 million filed against the company. According to sources, Anju Shrestha, who previously led the reinsurance...

Kathmandu – NLG Insurance Company Limited has contributed Rs. 2.5 million to the Physical Infrastructure Reconstruction Fund established by the Government of Nepal to support recovery efforts following the damage caused by the recent Gen-Z movement. The company’s Chief...

Kathmandu – Nirmal Dhakal, the newly appointed chairman of the government-owned Rastria Beema Company Limited, has officially taken the oath of office and secrecy. The oath-taking ceremony was held on Monday at the central office of the Nepal Insurance...

Kathmandu – National Life Insurance Company Limited has officially acquired all founder shares of Himalayan Bank Limited previously held by Pakistan’s Habib Bank Limited, becoming the largest shareholder of the bank. According to National Life CEO Suresh Prasad Khatri,...

Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate...

Kathmandu – Sun Nepal Life Insurance Company Limited has received an upgraded credit rating of ‘Triple B Plus (BBB+)’ from Care Ratings Nepal Limited (CRNL), signaling stronger financial credibility and claim-paying capacity. CRNL cited the company’s consistent premium growth, sound claims management, and improving underwriting...

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...

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...