Two-Day Marine Insurance Workshop Concludes Successfully in Kathmandu

Kathmandu – A two-day training workshop on marine insurance, organized by Insurance Protective Services, concluded on Thursday at Hotel Royal Singi, Durbarmarg. The workshop saw the participation of over 50 employees from non-life insurance and reinsurance companies, aiming to...


IME Life Insurance Calls for Applications for Branch Head Positions Across Provinces

Kathmandu – IME Life Insurance Company Limited has announced job openings for the position of Branch and Sub-Branch Heads in offices under all seven provinces. The company has stated that candidates who have completed their graduation from a recognized...


Citizen’s Savings Growth Plan: Most Popular Universal Life Insurance Policy in Nepal

Kathmandu – Citizen Life Insurance’s “Citizen Savings Growth Plan” has emerged as one of the most popular universal life insurance policies in Nepal. Designed to combine savings and protection, the plan is widely preferred for its affordability, flexibility, and...


Home Loans Drive Real Estate Revival in Nepal

Kathmandu – The demand for credit from banks and financial institutions for individual residential house construction has surged in recent years, revitalizing Nepal’s real estate sector. The availability of home loans of up to Rs 20 million, coupled with...


Crest Micro Life Insurance to Launch IPO Worth Rs 225 Million

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...


FCAN Alleges Irregularities in Insurance Practices

Kathmandu – Federation of Contractor’s Associations of Nepal (FCAN), President Rabi Singh has raised concerns about irregular practices in Nepal’s insurance and reinsurance sectors. Speaking at a program held in Kathmandu to announce a protest, Singh alleged that reinsurance...


Commercial Banks Face Dividend Cuts Amid Economic Slowdown

Kathmandu – Nepal’s commercial banks are bearing economic slowdown, with their distributable profits plummeting to NPR 17.75 billion. This sharp decline has significantly impacted dividend payouts, leaving shareholders disappointed. Of the 20 Class ‘A’ banks, 11 have declared dividends...


Guardian Micro Life Insurance IPO Allotment Set for Next Week

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...


Marine Insurance Workshop Kicks Off in Kathmandu

Kathmandu – A two-day training program on marine insurance, organized by Insurance Protective Services, officially commenced on Wednesday (15 January) at Hotel Royal Shingi, Durbarmarg. The workshop, aimed at enhancing the knowledge and capacity of employees from non-life and...


National Life Insurance Company Launches ‘Bal Amrit Endowment Policy-4’

Kathmandu – National Life Insurance Company Limited has introduced a new insurance policy, ‘Bal Amrit Endowment Policy-4’, aimed at providing maximum protection at a minimal premium. The company’s Chief Executive Officer, Suresh Prasad Khatri, unveiled the plan during a...