Kathmandu – The Nepal Insurance Authority has instructed all life insurance, non-life insurance, and reinsurance companies to establish an “Investment Management Unit” under the leadership of senior management personnel with relevant investment experience. According to the Authority, the companies...

Kathmandu – Families of the victims of the Saurya Airlines plane crash have yet to receive insurance compensation even eight months after the tragedy, raising concerns about delays and negligence from both the airline and government agencies. The National...

Kathmandu – Sun Nepal Life Insurance has received approval from the Nepal Securities Board to issue 27% rights shares. The company will offer 10,696,320 shares to existing shareholders in a 1:0.27 ratio. The rights shares will be issued at...

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced new bonus rates following the approval of its financial status and liability assessment report by the Nepal Insurance Authority on March 10. The revised bonus rates apply to various...

Kathmandu – The Ministry of Health and Population has released the report of Health Insurance Reforms Recommendations Task Force at a program held on Sunday (March 16). During a program at the Ministry, Health and Population Minister Pradeep Paudel...

Kathmandu – Radha Pokharel, the newly appointed director of the Nepal Insurance Authority, took the oath of office and secrecy on Sunday. The ceremony was held at the Ministry of Finance, where Deputy Prime Minister and Finance Minister Bishnu...

Kathmandu – The Professional Insurance Agents Association and the Nepal Insurance Authority have agreed to form a working group to address issues arising from the Insurance Regulations 2081. The agreement follows protests by insurance agents, who claim the new...

Kathmandu – Sushil Dev Subedi has been appointed as the Executive Director of the Nepal Insurance Authority. The decision was made during a meeting of the Authority’s Board of Directors on Friday. Subedi’s promotion comes following a recommendation from...

Kathmandu – The Nepal Insurance Authority has announced plans to establish a formal bench to address issues related to insurance claims. According to the decision made by the Authority, the new system will come into effect from the 1st...

Kathmandu – Eleven insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the last financial year 2080/81. Among them, five are life insurance companies and six are non-life insurance companies. This period,...