Kathmandu – Out of the total insurance claims amounting to Rs 12.78 billion from the devastating floods and landslides triggered by incessant rains in last September 2024, non-life insurance companies have paid only Rs 2.5 billion so far. This...

Kathmandu – Today marks the final day for Nepalese employed abroad to apply for the IPO issued by Nepal Micro Insurance. The company has received approval to issue 2.25 million shares worth Rs 225 million, equivalent to 30% of...

Kathmandu – The shares of Guardian Micro Life Insurance Limited have been deposited in the demat accounts of the concerned shareholders. CDSC transferred the shares to shareholders’ accounts on Friday evening. Investors will now be able to trade these...

Kathmandu – As the second week of the month of Magh draws to a close, the majority of Nepal’s insurance companies have failed to meet the regulatory deadline for submitting their financial statements. According to the Nepal Insurance Authority,...

Kathmandu – Crest Micro Life Insurance Limited has opened the first phase of its Initial Public Offering (IPO) for Nepalese employed abroad from today, January 28. The company is issuing 2.25 million units, equivalent to 30 percent of its...

Kathmandu – The Nepal Insurance Authority (NIA) has reported that the four non-life microinsurance companies operating in Nepal collected a combined premium of over Rs 422.9 million during the first six months of the current fiscal year. Among the...

Kathmandu – The three micro-life insurance companies operating in Nepal have collectively earned Rs 512.9 million in insurance premiums during the first six months of the current fiscal year, according to data released by the Nepal Insurance Authority. Guardian...

Kathmandu – Life insurance companies in Nepal have collected Rs 1.66 billion in premiums from foreign employment insurance policies in the first six months of the current fiscal year. As per the Nepal Insurance Authority, 14 life insurance companies,...

Kathmandu – Life insurance companies in Nepal have collectively amassed Rs 1.287 billion in premiums through micro insurance policies during the first six months of the current fiscal year, as per the Nepal Insurance Authority’s recent report. National Life...

Kathmandu – Many insurance companies in Nepal are failing to provide crucial information to the Nepal Insurance Authority (NIA) regarding Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), raising concerns about compliance and transparency in the sector. An...