Sanima GIC Insurance Holds Eighth Annual General Meeting, Approves Dividend Proposal

Kathmandu — Sanima GIC Insurance Limited has successfully concluded its eighth Annual General Meeting (AGM). The meeting was held at Nepal Police Club in Pradarshani Marg, Kathmandu. The AGM approved the company’s proposal to distribute a 5 percent bonus...


Non-Life Insurers’ Stock Market Investment Reaches NPR 5.45 Billion; State-Owned Insurer Leads, United Ajod Posts Strongest Growth

Kathmandu — Non-life insurance companies in Nepal have significantly expanded their investment in the capital market, increasing their exposure to shares of companies listed across various sectors on the secondary market. According to data provided by the Nepal Insurance...


G7 Warns of Rising Global Economic Risks, Calls for Coordinated Action on Trade and Financial Imbalances

Photo Courtesy: Reuters PARIS — Finance ministers and central bank governors from the Group of Seven (G7) nations have expressed growing concern over rising global economic uncertainty, widening financial imbalances, and escalating geopolitical tensions, warning that failure to coordinate...


Life Insurers Invest Over NPR 46 Billion in Stock Market; Sanima Reliance and National Life Show Aggressive Growth

KATHMANDU — Life insurance companies in Nepal have invested more than NPR 46 billion in the stock market as of the third quarter of the current fiscal year 2025/26. According to data released by the Nepal Insurance Authority, 13...


OAG Report Finds Tax Evasion in Import of Deepal and Nami Vehicles Linked to Vishnu Agarwal

KATHMANDU — The Office of the Auditor General (OAG) has concluded in its report that MAW Vriddhi Autocorp Pvt. Ltd., a company linked to businessman Vishnu Agarwal, evaded customs duties worth billions of rupees while importing electric vehicles. The...


Branch Manager of Global IME Bank Commits Suicide, Allegedly Naming CEO and Senior Officials in Social Media Post

Kathmandu — A branch manager of Global IME Bank has been found dead in an apparent suicide after posting a message on social media targeting the bank’s top management. The deceased, Pitambar Khadka, reportedly shared a Facebook post on...


Balen’s Bulldozers Spare Not Even a Cremation Ground; Funeral Pyre Burning on One Side, Demolition Ongoing on the Other

Kathmandu — A demolition operation at a cremation ground in Bardiya has triggered political backlash and public outrage after videos surfaced online showing bulldozers tearing down structures while funeral rites were underway nearby. The issue was raised in Parliament...


Citizen Life Receives International Recognition as ‘Best Life Insurance Company of the Year – Nepal’

Kathmandu — Citizen Life Insurance has been honored with the prestigious international title of ‘Best Life Insurance Company of the Year – Nepal’ under the 6th Emerging Asia Insurance Awards 2025. The award was announced during a grand ceremony...


Life Insurance Companies’ Agent Commission Expenses Rise 12%, Which Company Spent How Much?

Kathmandu — The commission expenses paid by 14 life insurance companies to their agents for business generation have increased by 12.04 percent in the third quarter of the current fiscal year 2025/26 (2082/83). According to the financial statements published...


Half of the Population Still Outside Insurance Coverage Remains a Major Challenge and Responsibility for the Authority: Executive Director

Kathmandu — Nepal Insurance Authority Executive Director Sushil Dev Subedi has said that the fact that nearly half of the population still remains outside the scope of insurance is both a major challenge and a significant responsibility for the...