Asian Life Insurance Holds 17th AGM, Approves 5.10% Bonus Shares and Elects New Board

Kathmandu – Asian Life Insurance Company Limited successfully concluded its 17th Annual General Meeting (AGM) today at Hotel Ichchha in Simara, Bara. The meeting was held under the chairmanship of Deepak Kumar Shrestha, Chairman of the company’s Board of...


NIA Directs Insurers to Include All Premium Categories in Business Targets

Kathmandu – The Nepal Insurance Authority (NIA) has directed life insurance companies and micro life insurers to incorporate all premium categories—including first, renewal, and term life insurance premiums—when setting business targets for the upcoming fiscal year. In a circular...


Life Insurance Corporation Nepal Concludes 23rd AGM, Approves 10% Bonus Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited successfully concluded its 23rd Annual General Meeting (AGM) at the Nepal Administrative Training Institute in Jawalakhel, Lalitpur. During the meeting, shareholders approved the company’s proposal to distribute a 10 percent bonus share...


United Ajod Insurance Concludes 31st AGM, Approves Dividend and Capital Plans

Kathmandu – United Ajod Insurance Limited has successfully concluded its 31st Annual General Meeting (AGM) at Amrapali Banquet Catering and Event Pvt. Ltd., Bhatbhateni, Kathmandu. The AGM approved a proposal to distribute 10 percent bonus shares worth Rs. 210...


Sanima Reliance Life Puts Promoter Shares Up for Sale

Kathmandu – Sanima Reliance Life Insurance Company Limited has announced the sale of 1,647,584 units of promoter shares owned by its current promoter shareholders. The sale comes following a decision made during the company’s board of directors meeting held...


Air India Crash: Victims to Receive Compensation Regardless of Fault

Ahmedabad — All passengers affected by the recent Air India plane crash in Ahmedabad are entitled to receive compensation, regardless of who was at fault for the incident. The London-bound flight, which was carrying 242 passengers, crashed moments after...


Commercial Banks Earn Nearly Rs 54 Billion in 11 Months of FY 2081/82

Kathmandu – Nepal’s commercial banking sector has recorded a net profit of nearly Rs 54 billion in the first 11 months of the current fiscal year 2081/82. According to the latest financial reports, the 20 commercial banks operating in...


Health Insurance Board to Expand First Service Points Nationwide from Shrawan

Kathmandu – The Health Insurance Board is set to expand its first service points to all local levels across the country, starting from Shrawan 1, to make health insurance services more accessible, efficient, and citizen-friendly. A decision to this...


All Government Payments to Go Fully Electronic from Shrawan

Kathmandu – The Government of Nepal has made it mandatory for all payments made by public bodies to be processed through electronic systems starting from Shrawan 1, 2082. The Ministry of Finance has issued a circular to this effect...


Nepal Life Provides Rs 10 Million to KIOCH for Children’s Hospital Construction

Kathmandu – Nepal Life Insurance Company Limited has provided Rs 10 million to the Kathmandu Institute of Child Health (KIOCH) to support the construction of a multi-specialty children’s hospital in Budhanilkantha Municipality, Kathmandu. The financial support was extended under...