Kathmandu – Guardian Micro Life Insurance Limited has announced its decision to issue right shares following its recent Initial Public Offering (IPO). The company’s board of directors finalized this decision in a meeting held on Chaitra 18 (March 31)....

Kathmandu – A tripartite agreement has been signed between CDSC and Clearing House Limited, Nepal Micro Insurance Company Limited, and Himalayan Investment Banker Limited to facilitate the dematerialization of shares. The agreement was formalized at a program held at...

Kathmandu – Micro life insurance companies operating in Nepal have earned approximately Rs 725 million in insurance premiums during the first eight months of the current fiscal year 2081/82. According to the latest data from the Insurance Authority, the...

Kathmandu — Guardian Micro Life Insurance Limited successfully concluded its second annual general meeting (AGM) today at Hotel Airport in Biratnagar. The meeting approved a special resolution authorizing the board of directors to initiate necessary procedures for merging with...

Kathmandu – Four non-life microinsurance companies in Nepal have earned a total insurance premium of more than Rs 579.6 million in the first eight months of the current fiscal year 2081/082. According to the data released by the Nepal...

Kathmandu – A seminar on risk management and contemporary issues in insurance was held in Dhangadhi on Saturday, organized by the Nepal Insurance Professional Society (NIPS) in collaboration with the Nepal Insurance and Risk Management Association (NIRMA). Prakash Bam,...

Kathmandu – Nepal Micro Insurance and Crest Micro Life have completed the distribution of their Initial Public Offerings (IPOs) and are now in the process of being listed on the Nepal Stock Exchange (NEPSE). Investors are eagerly awaiting the...

Kathmandu – The stock market witnessed a double-digit decline on Wednesday, with the NEPSE index falling by 14.88 points to close at 2682.15 points. The drop was driven largely by a significant decrease in the prices of insurance company...

Kathmandu – The Nepal Insurance Authority has instructed all life insurance, non-life insurance, and reinsurance companies to establish an “Investment Management Unit” under the leadership of senior management personnel with relevant investment experience. According to the Authority, the companies...

Kathmandu – The initial public offering (IPO) of Crest Micro Life Insurance’s has been allotted today. The allotment process was completed at the office of NIMB ACE Capital Limited at 8:30 am today, the issue manager for the company....