Kathmandu — Himalayan Life Insurance Limited has reported a net profit of Rs 472.4 million for the third quarter of the current fiscal year, reflecting an 8.49% increase compared to Rs 435.4 million posted during the same period last...

Kathmandu – IME Life Insurance Company Limited has reported a net profit of Rs 366.3 million for the third quarter of the current fiscal year, marking a 10.49% increase compared to the Rs 331.5 million recorded during the same...

Kathmandu – The Government of Nepal has laid out an ambitious roadmap to decentralize specialized medical services and transform the country’s health infrastructure. The new plans, outlined in the national policy and program for the upcoming fiscal year, signal...

Kathmandu – Neco Insurance Limited has announced the date for its 29th Annual General Meeting (AGM), scheduled for Jestha 9 (May 23) at 11 a.m. at Lisara Reception, Naxal. The company will seek shareholder approval for a set of...

Kathmandu – The Government of Nepal has approved key amendments to the Health Insurance Regulations, allowing insured citizens to access benefits directly from their current place of residence. The Cabinet endorsed the proposal presented by Minister of Health and...

Kathmandu – IME Life Insurance Company has entered into a partnership with Lumbini Cable Car Pvt. Ltd., offering a 20 percent discount on cable car tickets to its insured members, agents, and employees. According to the agreement, insured individuals...

Kathmandu – Prime Minister KP Sharma Oli on Tuesday announced that eye health services will be formally integrated into Nepal’s national health insurance program (NHIP) to bolster universal healthcare and reduce preventable vision loss. The announcement was made during...

Zurich (Swiss Re) – Global insured losses from natural catastrophes could surge to $145 billion this year, continuing the long-term annual growth trend of 5–7%, according to the Swiss Re Institute’s latest sigma report. The rise is driven primarily...

Kathmandu – The Nepal Insurance Authority has enforced a new directive under which insurance companies will automatically lose their Group Insurance Fund membership if they fail to issue foreign employment insurance policies for three consecutive months after receiving approval...

Kathmandu – Sharad Ojha, the current Chairman of the Nepal Insurance Authority, may face legal action under the Prevention of Corruption Act 2059 after allegations emerged that he misled the Government of Nepal by submitting false information during his...