Kathmandu – IME Life Insurance Company Limited has honored Senior Agency Manager Laxmi Ghimire for becoming the first agent to be inducted into the company’s highest recognition tier, the Everest Club, under its club schemes for the fiscal year...

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has called on its shareholders to promptly claim their unclaimed dividends and IPO distribution amounts that have remained untouched for five years. In a notice issued by the company, it...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 148,600 units of promoter shares, offering the opportunity first to its existing promoter shareholders by regulatory provisions. As per the company’s notice, only existing promoter shareholders are...

Kathmandu — On the last trading day of the week, Nepal’s stock market witnessed a modest upward movement, with the NEPSE index climbing by 9.14 points to close at 2703.96. The insurance sector, in particular, saw notable gains, as...

Kathmandu — Life insurance companies operating in Nepal have collectively conducted micro insurance business worth Rs 2.05 billion by end of Jestha (mid-April to mid-June) of the current fiscal year, according to the latest data published by the Nepal...

Kathmandu – Today marks the last day for shareholders of Asian Life Insurance Company Limited to secure eligibility for the company’s proposed dividend and participate in its upcoming Annual General Meeting (AGM). The company will close its books tomorrow,...

Kathmandu – The Nepal Insurance Authority (NIA) has called on insurance companies to significantly enhance their use of information technology and strengthen data management practices to promote the growth and transparency of the insurance sector. Speaking at a discussion...

Kathmandu – Life insurance companies in Nepal recorded a significant rise in new business in the month of Jestha (mid-May to mid-June), generating Rs 4.16 billion in insurance premiums, including foreign employment insurance. According to data released by the...

Kathmandu – Himalayan Everest Insurance Limited has issued a public notice urging policyholders to promptly submit pending documents necessary for claim settlements. According to the company, several claim applications submitted over different periods remain incomplete due to missing documentation....

Kathmandu — Life insurance and microinsurance companies operating across Nepal have collectively generated over Rs 155.15 billion in insurance premiums across all seven provinces by the end of Jestha month, according to data released by the Nepal Insurance Authority....