Kathmandu — The total outstanding insurance claim amount of Nepal’s non-life insurance sector has reached Rs 35.79 billion by third quarter of of the current fiscal year. This figure marks a 41.54 percent increase compared to the same period...

Kathmandu – Sanima Reliance Life Insurance has unveiled a special revival campaign offering a 100 percent discount on late fees for the renewal of expired life insurance policies. The initiative, aimed at policyholders who have missed premium payments due...

Kathmandu — National Life Insurance Company has officially reappointed Suresh Prasad Khatri as its Chief Executive Officer (CEO), marking his second term at the helm of the organization. The decision was made during the company’s board meeting held on...

Kathmandu — Neco Insurance Limited has successfully allotted its unallocated right shares that were offered to the public through an auction. The shares were made available for bidding at a base price of Rs 100 per share. According to...

Kathmandu — NLG Insurance Company Limited has announced that its 19th Annual General Meeting (AGM) will be held on Jestha 29 (June 12) at 11 AM at Amrapali Banquet, Baluwatar. The decision was made recently during the company’s Board...

Kathmandu — The Nepal Insurance Authority has approved the actuarial report on the financial position and liability valuation of Asian Life Insurance Company Limited for the previous fiscal year, paving the way for the company to release its updated...

Frankfurt (Reuters) — The global reinsurance giant Swiss Re has posted a 16% year-on-year rise in net profit for the first quarter of  the year 2025, defying expectations even as it absorbed $570 million in claims from devastating wildfires...

Kathmandu – Suryajyoti Life Insurance has disbursed insurance claims amounting to Rs 713 million in the first ten months of the ongoing fiscal year 2081/82. The company settled a total of 2,046 claims during this period, reflecting its commitment...

Kathmandu – The average solvency ratio of Nepal’s non-life insurance companies has shown a modest improvement in the second quarter of the current fiscal year, reaching 3.28-up from last year’s 2.62. This improvement reflects the overall financial strength of...

Kathmandu — Nepal Reinsurance Company Limited has reported a net profit of Rs 63.3 million for the first quarter of the current fiscal year, a significant turnaround from the net loss of Rs 475.6 million recorded in the same...