Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the auction of 142,300 units of its promoter shares. The company has opened the sale through an auction process, inviting bids from interested investors. According to the company, the minimum...

Kathmandu- The government has withdrawn the two additional public holidays granted after the Dashain festival, following the improvement in weather conditions and the receding of floods across the country. According to the decision, the extended leave has been cancelled...

Kathmandu — Sanima GIC Insurance Limited has urged its policyholders to promptly file insurance claims if their insured properties have been damaged by the recent heavy rains across the country. In a public notice issued today, the company urged...

Kathmandu — The recent spell of incessant rain on Ashoj 18 and 19 has brought renewed challenges to Nepal’s insurance sector, which was already under strain following the Gen Z protest on Bhadra 23 and 24. Floods and landslides...

New Delhi (CNBC) – Complaints related to insurance nearly doubled in the second half of 2025 compared to the first, according to the Q2 2025 Trends Report released by Insurance Samadhan, a privately run grievance redressal platform. The report...

Beijing – China’s once-thriving electric vehicle (EV) insurance sector is turning into a major financial burden for insurers, as claim volumes and repair costs surge far beyond expectations. Industry data show that insurers collectively lost 5.7 billion yuan ($802...

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Swiss Reinsurance Company Ltd (Switzerland) and its rated operating affiliates, all subsidiaries of Swiss Re Ltd...

Kathmandu — Meteorologists have warned of a heightened risk of floods and landslides as heavy rainfall is expected to continue across several parts of the country until Sunday morning. The Department of Hydrology and Meteorology (DHM) has urged residents...

Kathmandu – Non-life insurance companies in Nepal have stepped up efforts to settle unprecedented claims worth over Rs 23 billion arising from the damages caused by the ongoing Gen-Z protest that began on Bhadra 23 (September 8). In an...

Kathmandu – Life insurance and micro life insurance companies in Nepal reported strong business performance in the month of Bhadra of the current fiscal year, with total premium collections amounting to Rs 35.99 billion. According to financial statements released...