Kathmandu – Crest Micro Life Insurance Limited has distributed the first phase of its initial public offering (IPO) to Nepalese working abroad on February 17. The company had opened the IPO sale from January 28 to February 11, during...

Kathmandu – Prabhu Mahalakshmi Life Insurance Limited has announced the sale of 2,21,650 shares to the general public. The company has opened the sale after receiving no applications from its founder shareholders within the previously specified period. Interested individuals...

Kathmandu – The stock market saw a double-digit increase on Monday, the second trading day of the week, with Nepal Reinsurance Company Limited recording the highest turnover. Shares of Nepal Reinsurance worth Rs 326.4 million were bought and sold,...

Kathmandu – Nepal’s two reinsurance companies in operation — Nepal Reinsurance Company Limited and Himalayan Reinsurance Limited have made total investments amounting to Rs 40.63 billion across various sectors during the first six months of the current fiscal year,...

Kathmandu – Himalayan Reinsurance Company which had recently published its financial statement for the second quarter of the current fiscal year, revealed an increase in profit along with positive growth across key financial indicators. The company reported a net...

Kathmandu – National Life Insurance Company Limited successfully concluded the MDRT Honors and Training Program at Hotel Soltee Westend in Chitwan. The event, presided over by the company’s Chief Executive Officer, Suresh Prasad Khatri, celebrated 100 agents selected for...

Kathmandu – Ganesh Adhikari, a prominent figure in Nepal’s Insurance Sector and Central President of the Professional Insurance Agents Association has been actively advocating for the rights of insurance agents and the protection of policyholders. In an exclusive conversation...

Kathmandu – The government-formed selection committee has announced a shortlist of five candidates for the position of chairman of the Nepal Insurance Authority. The shortlisted candidates include Kamal Prasad Regmi, current director of the Insurance Authority; Chiranjivi Chapagai, former...

Kathmandu – Trust Micro Insurance Limited is set to issue 2.25 million IPO shares worth Rs 225 million, representing 30 percent of its total capital. The IPO will be offered to the general public at a price of Rs...

Kathmandu – Life insurance companies in Nepal have distributed approximately Rs 6.27 billion as commissions to their agents in the current financial year, marking a 7.13 percent increase from the previous year’s figure of Rs 5.85 billion, according to...