Dilli Prasad Dhakal Appointed Director of Trust Micro Insurance Limited

Kathmandu – Dilli Prasad Dhakal has been appointed as the director of Trust Micro Insurance Limited. The decision was made during a recent meeting of the company’s board of directors, which unanimously approved Dhakal’s appointment.  


Guardian Micro Life Insurance IPO Listed on NEPSE

Kathmandu – The Nepal Stock Exchange (NEPSE) has officially listed the initial public offering (IPO) of Guardian Micro Life Insurance. The listing was completed on Thursday, paving the way for the company’s shares to be traded on the stock...


Insurance Companies Delay Payment of Claims from Floods and Landslides

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...


Last Day to Apply for Nepal Micro Insurance ‘s IPO for Overseas Nepalese

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...


Guardian Micro Life Insurance Shares Transferred in Shareholders’ Demat Accounts

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...


Majority of Insurance Companies Miss Deadline for Financial Statement Submission

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,...


Crest Micro Life Insurance Issues IPO for Nepalese Employed Abroad

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...


Non-Life Microinsurance Companies Earn Over Rs 422.9 Million in Premiums

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...


Micro-Life Insurance Companies Collect Rs 512.9 Million in Premiums

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...


Foreign Employment Insurance Generates Rs 1.66 Billion in Six Months

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,...