Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 44,000 units of promoter shares owned by NRN Infrastructure and Development Limited. According to the company, the sale will be conducted in accordance with the directives of...

Kathmandu — The number of insurance claims for physical property damage caused during recent protests continues to rise. In contrast, the total claim amounts are being adjusted as surveyors assess the damages on the ground. According to the Nepal...

Kathmandu – The Nepal Insurers Association has called on insurance companies to expedite claim payments for damages caused by the recent incessant rainfall across various parts of the country. In a public appeal, the association urged all insured individuals...

Kathmandu – Kunal Kayal, Chairman of Sanima GIC Insurance Company Limited, has been appointed as the Vice President of the Nepal-India Chamber of Commerce and Industry (NICCI). Kayal has been actively involved in the chamber’s leadership for the past...

Kathmandu – Suryajyoti Life Insurance Company Limited has announced a special discount of up to 50% on the interest charged for renewing expired insurance policies. The company issued a public notice and implemented the facility starting today, which will...

Kathmandu – Asian Life Insurance Company Limited has completed the allotment of unallocated right shares put up for sale through an auction process conducted from Bhadra 22 to Ashoj 5 (September 7 to 21). The company had offered 30,038.57...

Kathmandu – The Nepal Insurance Authority (NIA) convened a meeting on Tuesday with representatives from life insurance companies, microinsurance providers, and reinsurance firms to discuss strategies aimed at facilitating faster and more efficient insurance claim settlements. The discussions centered...

Kathmandu – IGI Prudential Insurance Limited and Kathmandu National Medical College and Teaching Hospital SB Health Care, Ghattekulo, have signed an agreement to provide cashless hospitalisation services to policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer...

Kathmandu – United Ajod Insurance Limited has appointed dedicated contact persons to streamline the payment of insurance claims for damages caused by the heavy rains on Ashoj 18 and 19, which led to floods and landslides across the country....

Kathmandu – Suryajyoti Life Insurance Company has donated Rs 15 million to the Government of Nepal’s ‘Physical Infrastructure Reconstruction Fund’ to aid the reconstruction of public and government infrastructure damaged during the Gen Z protest on Bhadra 23 and...