Kathmandu – Chandra Bahadur Thapa Chhetri has been appointed as the chairman of the Health Insurance Board. Minister for Health and Population Mohan Bahadur Poudel administered the oath of office and secrecy to Thapa on Tuesday. Before Thapa’s appointment,...

Kathmandu – Life insurance companies operating in Nepal have collected a total of Rs 21.12 billion and 54 million in first insurance premiums during the first eight months of the current fiscal year 2081/82. The latest figures, released by...

Kathmandu – Life insurance companies operating in Nepal have collectively earned insurance premiums totaling Rs 108.71 billion by the end of Falgun month (mid-March) of the current fiscal year. The latest data, released by the Nepal Insurance Authority, shows...

Kathmandu — Officials from the Life Insurance Association Nepal (JEBISAN) met with Deputy Prime Minister and Finance Minister Bishnu Poudel today to present key demands related to the insurance sector. The association highlighted four major issues, including tax exemption...

Kathmandu – The Nepal Insurance Authority has instructed foreign reinsurance brokers to establish offices in Nepal within three months, in line with the Reinsurance Directive for Life Insurance, 2080. According to the directive, reinsurance brokers listed with the authority...

Kathmandu – Non-life insurance companies in Nepal have recorded a total business of Rs 28.02 billion in the first eight months of the current fiscal year 2081/082, reflecting a 7.12 percent increase compared to the same period last year....

Kathmandu – Non-life insurance companies in Nepal earned a total insurance premium of Rs 3.75 billion 47 million in the month of Falgun (mid-February to mid-March), reflecting a 2.92 percent increase compared to the same month last fiscal year....

Kathmandu — Sharad Ojha, the newly appointed Chairman of the Nepal Insurance Authority (NIA), has directed all internal departments to submit their Standard Operating Procedures (SOPs) in writing to the provincial offices. Ojha instructed all department heads to formally...

Kathmandu — The Insurance Authority of Nepal is preparing to issue unified directives to strengthen the financial health of insurance companies and address challenges faced by policyholders. Chairman Sharad Ojha made this announcement while addressing an interaction program on...

Kathmandu – Neco Insurance Company has extended the deadline for applying for its right shares to Chaitra 14 (March 27). The original deadline, which was set for Falgun 28 (March 12), was pushed back due to insufficient applications. Neco...