Kathmandu – The leadership of Nepal Reinsurance Company is under scrutiny following revelations that its chairman, CEO, and board members submitted a proposal to the Nepal Insurance Authority that could negatively impact their own company. Nepal Reinsurance Company, which...

Kathmandu – The implementation of a new regulatory framework by the Nepal Insurance Authority has raised concerns about its impact on government-invested companies, particularly Nepal Reinsurance Company. The decision to introduce the Foreign Employment Insurance Pool has drawn criticism...

Kathmandu – Neco Insurance Limited has officially opened the sale of its rights shares from today ( February 20), offering 25% of its paid-up capital to eligible shareholders. The rights shares are priced at Rs. 100 per share. The...

Kathmandu – Crest Micro Life Insurance Limited is set to open its Initial Public Offering (IPO) for the general public from March 6, 2025. After issuing shares to Nepalese working abroad, company employees, and the collective investment fund, the...

Kathmandu – National Life Insurance Company has honored Bimal Neupane for achieving the ‘Top of the Table’ (TOT) target set by the Million Dollar Round Table (MDRT), marking a historic first for the company. In a grand ceremony held...

Kathmandu – IGI Prudential Insurance Limited has relocated its head office to Bhim Plaza Bhawan, Narayanchaur, Naxal (in front of the traffic island), within Kathmandu Metropolitan City Ward No. 1. Previously, the company operated from a building near 1905...

Kathmandu – Rastriya Jeewan Beema Company Limited is set to conduct basic training for aspiring life insurance agents from March 9 to 11. The training will take place at Woodland Hotel Pvt. Ltd., Durbarmarg, Kathmandu. The program is designed...

Kathmandu – Prabhu Insurance Limited has announced the sale of its founder shares, restricting the purchase to its existing founder shareholders. Interested shareholders must submit their applications at the company’s central office in Tinkune, Kathmandu, within the next 35...

Kathmandu – Himalayan Life Insurance Company has scheduled its Annual General Meeting (AGM) for February 23 at Anupam Foodland and Banquet, Battisputli, Kathmandu, starting at 10:30 AM. The company plans to propose a 14% bonus share distribution from the...

Kathmandu – Life insurance companies in Nepal have collectively disbursed loans exceeding Rs 95.33 billion against insurance policies by the end of the second quarter of the current fiscal year. This marks a 6.62% increase compared to the same...