Kathmandu – Additional financial support has been raised from the insurance sector for the Physical Infrastructure Reconstruction Fund established by the Government of Nepal. National Life Insurance Company Limited on Tuesday handed over a cheque of Rs 10 million...

Kathmandu – The business of non-life insurance companies in Nepal has increased by 11.14 percent in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on Tuesday, the...

Kathmandu – Non-life insurance companies in Nepal have collectively earned an insurance premium totaling Rs 12.65 billion in the first three months of the current fiscal year. According to the financial statements published by the Nepal Insurance Authority on...

Kathmandu – Himalayan Everest Insurance Company has incurred a significant financial burden following the recent Gen-Z movement, with insurance claims totaling nearly Rs. 971.4 million filed against the company. According to sources, Anju Shrestha, who previously led the reinsurance...

Kathmandu – NLG Insurance Company Limited has contributed Rs. 2.5 million to the Physical Infrastructure Reconstruction Fund established by the Government of Nepal to support recovery efforts following the damage caused by the recent Gen-Z movement. The company’s Chief...

Kathmandu — Sun Nepal Life Insurance Company has successfully renewed its ISO/IEC 27001:2022 certification from Amtivo Limited, UK, accredited by the United Kingdom Accreditation Service (UKAS). The certification reaffirms the company’s adherence to international standards for information security management...

Kathmandu – Nirmal Dhakal, the newly appointed chairman of the government-owned Rastria Beema Company Limited, has officially taken the oath of office and secrecy. The oath-taking ceremony was held on Monday at the central office of the Nepal Insurance...

Kathmandu – Life Insurance Corporation Limited (LIC Nepal) has appointed Shubhangi Soman as its new independent director. According to the company, he has been appointed to the position effective from Kartik 12, following the completion of the tenure of...

Kathmandu – National Life Insurance Company Limited has officially acquired all founder shares of Himalayan Bank Limited previously held by Pakistan’s Habib Bank Limited, becoming the largest shareholder of the bank. According to National Life CEO Suresh Prasad Khatri,...

Kathmandu –  Shikhar Insurance Company Limited, in partnership with eSewa, has launched a new digital health insurance plan called ‘Sahara Health Insurance’. The plan targets citizens between the ages of 5 and 65, offering comprehensive coverage for a wide...