Sanima Reliance Life Insurance Puts Promoter Shares Up for Sale

Kathmandu — Sanima Reliance Life Insurance Limited has announced the sale of 177,875 units of promoter shares, exclusively for the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit their applications to the central office...


Insurance Awareness Program Held in Tamankhola, Baglung

Kathmandu – The Nepal Insurance Authority Gandaki Province Office organized an insurance awareness and interaction program in Tamankhola Rural Municipality, Baglung. The event, jointly hosted by the Authority’s Gandaki Office and the rural municipality, focused on agricultural insurance, group...


Sun Nepal Life Insurance Right Share Price Adjusted on NEPSE

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of Sun Nepal Life Insurance following the issuance of its 27 percent right shares. The adjustment was made based on Thursday’s closing price of Rs 629.16 per...


Health Ministry Initiates Protocol Reform to Eliminate Duplication in Insurance-Based Treatment

Kathmandu – The Ministry of Health and Population has initiated preparations to formulate a standardized health insurance treatment protocol aimed at eliminating duplication in basic health services. Health Minister Pradeep Poudel has formed a high-level expert committee through a...


Last Day to Secure Sun Nepal Life Insurance’s Right Shares

Kathmandu – Today marks the final day for investors to secure eligibility for the upcoming right share issuance of Sun Nepal Life Insurance Company Limited. The company’s shareholder book will close tomorrow on Baisakh 5 (April 18), making today...


IME Life Settles Over Rs 32 Million in Insurance Claims

Kathmandu — IME Life Insurance Company has disbursed over Rs 32 million in insurance claims during the month of Chaitra, FY 2081/82, under 75 insurance policies. According to the company, the payments were made with the objective of delivering...


Nepal Opens Door to Insurance Aggregator Companies, Stirring Debate Among Agents

Kathmandu — The Nepal Insurance Authority has formally paved the way for licensing insurance aggregator companies through newly framed regulations, marking a significant shift in the country’s insurance landscape. Though yet to be published in the Gazette, the move...


National Life Insurance Announces New Bonus Rates Across Insurance Plans

Kathmandu — National Life Insurance Limited has announced new bonus rates for its insurance plans, following the approval of its latest actuarial valuation report by the Nepal Insurance Authority. The revised rates are based on the company’s financial statements...


Sanima Reliance Life Insurance Announces Sale of Promoter Shares

Kathmandu — Sanima Reliance Life Insurance Limited has announced the sale of 1,574,251 promoter shares, opening the opportunity to a wide range of investors including individuals, institutional investors, and existing promoter shareholders. The company has made the shares available...


Sun Life to Issue Right Shares, Book Closure Date Announced

Kathmandu – Sun Nepal Life Insurance Company Limited has announced its book closure on Baisakh 5 (April 18) for the purpose of issuing right shares. The company has stated that only shareholders who own its ordinary shares by Baisakh...