Kathmandu – All 14 non-life insurance companies operating in Nepal have published their first-quarter financial statements for the current fiscal year, reporting a combined net premium income of Rs 3.65 billion. This marks a 14.13 percent increase compared to...

Kathmandu – The government has initiated the process of insuring vehicles two months after announcing a plan to insure public property. The Ministry of Finance has begun the first phase by insuring 20 vehicles under its fleet. The decision...

Kathmandu – The MDRT Global Conference, a major annual event for insurance agents worldwide, has revised its business targets for the upcoming year. The conference has increased this year’s participation target by 18 percent compared to last year. Insurance...

Abu Dhabi – Ambassador Dr. Sarmila Parajuli Dhakal, President of the International Relations & Global Diplomacy Dialogue (IRGDD) and former Ambassador of Nepal, held a series of high-level meetings in Abu Dhabi to explore strategic collaboration in diplomacy and...

Kathmandu – Shikhar Insurance Company Limited celebrated its 21st anniversary with a series of programs that recognized employee dedication and contributed to social welfare. During the anniversary ceremony, the company honored 11 employees who completed 20 years of service,...

Kathmandu – Nepal Reinsurance Company has been unable to publish its fourth-quarter financial statement for fiscal year 2080/81 after inconsistencies were reportedly found across several accounting records. The delay has drawn the attention of the Insurance Authority, which has...

Kathmandu – Laxmi Ghimire, an agent of IME Life Insurance Company Limited, has successfully met the annual target set by the Million Dollar Round Table (MDRT) for Nepal in 2025. In addition, she has achieved the prestigious Court of...

Kathmandu – IGI Prudential Insurance Limited has signed an agreement with Alka Hospital, Jawalakhel, Lalitpur, to provide cashless hospitalization services to its policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer of IGI Prudential Insurance Limited,...

Kathmandu – All 14 life insurance companies have published their first quarter financial statements for the current fiscal year, revealing a 12.25 percent growth in total life insurance business compared to the same period last fiscal year. By the...