Guardian Micro Life Insurance Begins IPO with Promising Growth Prospects

Kathmandu – Guardian Micro Life Insurance Limited has commenced the first phase of its Initial Public Offering (IPO) from December 4, issuing 2.25 million ordinary shares worth Rs 225 million. This represents 30 percent of its total issued capital...


Foreign Employment Drives Growth in Nepal’s Term Life Insurance Market

Kathmandu – The scope of term life insurance, mandated by the government, has expanded significantly, driven by the rising number of Nepalese seeking employment abroad due to limited opportunities at home. By the end of Kartik (Mid-November) of the...


NIA Promotes Insurance Awareness Among Rural Communities

Kathmandu – The Nepal Insurance Authority (NIA) is actively working to enhance insurance accessibility and awareness in rural areas. Targeting local governments, the NIA aims to educate citizens on the benefits and importance of insurance, especially in agriculture and...


Nepal Insurance Authority Tightens Monitoring on Data Discrepancies

Kathmandu – The Nepal Insurance Authority (NIA) has intensified its oversight of insurance companies following significant discrepancies between their audited and unaudited financial reports. The regulatory body has warned of strict actions, including financial penalties, if differences exceeding 10%...


Crest Micro Life Insurance Introduces New Micro Insurance Plan for Marginalized Communities

Kathmandu – Crest Micro Life Insurance Limited has introduced the “Samriddhi Agrim Bhuktani Laghu Beema” scheme, aimed at empowering low-income groups, marginalized communities, and residents of underprivileged areas. The scheme aligns with the company’s vision of providing financial security...


Crest Micro Insurance Records Impressive Growth in First Quarter

Kathmandu – Crest Micro Insurance Company, which has made remarkable strides since its inception, has reported promising results for the first quarter of the current fiscal year. Crest Micro Life Insurance Limited earned a net profit of Rs. 1.15...


Key Sessions at the Inclusive Insurance Conference Explore Profitable Models, Gender Empowerment, and Innovation

Kathmandu- The International Conference on Inclusive Insurance (ICII) 2024 continues to advance discussions on expanding insurance access for underserved populations, with twelve key sessions taking place on its third day.   The key session highlighted strategies for balancing profitability...


Day 3 of ICII2024 Conference Set to Address Key Challenges in Inclusive Insurance

Kathmandu- As the International Conference on Inclusive Insurance (ICII) 2024 runs into its third day, anticipation is building for several critical discussions aimed at advancing the reach and effectiveness of Insurance for underserved populations. Today’s sessions will be focused...


Protective Micro Insurance Selected its Chairman  

Kathmandu : Protective Micro Insurance company has chosen its chairman as Kritika Agrawal. She has taken the oath of office secrecy with Nepal Insurance Authority Chairman, Surya Prasad Silwal. Raju Raman Paudel, Executive Director of the Authority, Naresh Kumar...


Trust Micro Insurance Officially launched the business with big objective to cover the lower income group : CEO

Kathmandu : Trust Micro Insurance Company has officially started business from 9th of Chaitra, 2080 B.S.  Trust Micro Insurance Company, which has its head office in Butwal, has officially launched its business from this day. Trust Micro Insurance, which...