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...

Kathmandu – Nepal Micro Insurance Limited has opened its Initial Public Offering (IPO) for Nepalese citizens working abroad starting today, January 21. The company is offering 10% of the total IPO units allocated for the general public to Nepalese...

Kathmandu – Guardian Micro Life Insurance Limited conducted its IPO allotment today at 9 AM at Kumari Capital Limited, Naxal. A total of 1,830,875 individuals had applied for the IPO. Out of these, 8,452 applications were canceled, leaving 1,822,405...

Kathmandu – The Securities Board of Nepal (SEBON) has approved Crest Micro Life Insurance Company to issue its Initial Public Offering (IPO). The company will issue 2.25 million units of shares at a face value of Rs 100 per...

Kathmandu – The IPO allotment of Guardian Micro Life Insurance Limited is set to take place on Sunday, January 19, as informed by Kumari Capital, the IPO sales manager. However, if the pre-allotment work is not finalized by the...

Kathmandu – Nepal Micro Insurance Company Limited is preparing to launch its Initial Public Offering (IPO) for Nepali citizens employed abroad starting from January 21. The company has received approval from the Securities Board of Nepal to issue 2.25...

Kathmandu – Guardian Micro Life Insurance Limited has opened its Initial Public Offering (IPO) for sale to the general public from January 5, 2025, receiving an overwhelming response from investors. According to CDS and Clearing Limited, 448,569 applicants have...

Kathmandu – Non-life insurance companies in Nepal have received claims amounting to Rs 12.88 billion due to the devastation caused by recent floods and landslides. According to the Nepal Insurance Authority, 3,673 claims have been filed as of December...

Kathmandu – Nepal Insurance Authority has announced a new provision allowing insurance companies to purchase non-real estate fixed assets without requiring regulatory approval. However, the board has imposed stricter regulations on investments in high-risk areas. As per the draft...