The state of Delaware is going to the action with Supreme Court in its fight with the Internal Revenue Service (IRS) over the release of information on captive insurers. This fight has placed Delaware’s state regulation of insurance and...

Kathmandu : The case filed by 16 commercial banks and 2 insurance companies in the Supreme Court regarding the tax dispute of FPO is being heard today on Wednesday. Nepal Life Insurance and Shikhar Insurance, which have issued FPOs...

-Zurich to enter the Indian insurance market through the acquisition of a 51% stake in India’s Kotak Mahindra General Insurance. -Zurich’s global scale and expertise combined with Kotak Mahindra Group’s deep India knowledge and leading financial services platform to...

Kathmandu :  Chairman of Nepal Insurance Authority Surya Prasad Silwal has complained to the insurance companies that underwriting has not been improved in the Nepali insurance sector.  In the program organized in Kathmandu on 17th of November, 2023 A.D,...

Kathmandu : The anniversary of Shikhar Insurance was completed with grandeur the company which was established with a paid-up capital of 100 million, now exceeded above 2.5 billion. Shikhar Insurance has crossed 19 years of establishment and entered the...

Kathmandu : Insurance policies worth three and a half billion rupees have been surrendered during the first quarter. According to the Nepal Insurance Authority since last July 29,120 insured persons have surrendered policies worth three billion 648.2 million rupees....

Kathmandu : The net insurance fee income of Oriental Insurance Company has increased. According to the financial statement for the first quarter of the current financial year. Both total insurance fee income and profit have decreased. but net insurance...

Kathmandu : The profit of Reliance Life Insurance has increased more than 100 percent. According to the financial statement of the first quarter of current financial year, the profit of the company has increased by 128.38 percent and reached...

Kathmandu : Suryajyoti Life Insurance Company has announced Nepal’s first and low premium new insurance policy today. Stating that the penetration of insurance is increasing presented the conclusion of life insurance study should be simple, simple and have a...

Kathmandu : The earnings per share of National Life Insurance has decreased whereas the profit has increased by 0.24 percent in comparison to first quarter of last financial year. According to the financial statement of the first quarter published...