Kathmandu – Nepal Life Insurance Company Limited is set to resume the postponed director election for general shareholders (Group B) on March 15. The election was initially scheduled during the company’s 25th Annual General Meeting (AGM) on February 10...

Kathmandu – Insurance agents across Nepal are preparing for protests against the recently approved Insurance Regulation 2081, claiming it curtails their rights. The regulation, passed by the Cabinet on January 11, imposes additional financial burdens on agents, including the...

Kathmandu – Sanima Reliance Life Insurance Limited has requested its shareholders to pay the tax on bonus shares approved during its general meeting on October 9, 2024. The company had decided to distribute 18.3811 percent bonus shares based on...

Kathmandu – The Ministry of Finance has approved an additional Rs 3.84 billion to support various health-related programs, including health insurance payments. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel sanctioned the funds following a request from the...

Munich – Munich Re has once again outperformed expectations, reporting a net profit of €5.7 billion for the 2024 financial year—€700 million above its original target. This marks the fourth consecutive year of exceeding profit goals, reflecting the company’s...

Zurich – Swiss Re has announced a strong financial performance for 2024, recording a net income of USD 3.2 billion and achieving a 15% return on equity (ROE). The company’s Board of Directors has proposed an 8% increase in...

Kathmandu – Himalayan Life Insurance has announced a special discount on interest and penalty fees for renewing expired insurance policies. The offer will be available upto March 13, 2025. According to the company, policyholders can receive up to a...

Kathmandu – Former chairmen of the Nepal Insurance Authority have urged current Chairman Sharad Ojha to uphold the integrity of the regulatory body by resisting political interference and strictly adhering to the law. During a discussion held at the...

Kathmandu – Sharad Ojha, the newly appointed chairman of the Nepal Insurance Authority (NIA), is set to meet with former chairpersons of the authority today at 2 pm for a discussion. The meeting aims to gather insights from the...

Kathmandu – Sanima Reliance Life Insurance Limited has announced the sale of 1.56 million founder shares, offering existing founder shareholders the first right to purchase them. The company has stated that interested founder shareholders must submit their applications at...