Sanima Reliance Life Insurance Announces Dividend for Shareholders

Kathmandu – Sanima Reliance Life Insurance Limited has announced a 9.2489% dividend for its shareholders for this year. The company’s board of directors, in a meeting held on February 24, decided to distribute an 8% cash dividend and a...


MetLife Nepal Announces Important Updates for Customers and Agents

Kathmandu – MetLife Nepal has urged its customers to verify the status of their insurance policies, ensuring that those with mature policies receive their partial or full maturity benefits. Customers can easily access this information by visiting the company’s...


Shikhar Insurance to Hold 20th AGM Today, Proposes 10% Bonus Shares

Kathmandu – Shikhar Insurance Company Limited is conducting its 20th Annual General Meeting (AGM) today at 11 AM at its central office in Thapathali, Kathmandu. As per the board of directors’ decision, the AGM will discuss a proposal to...


Last Day to Secure Dividends of Two Insurance Companies

Kathmandu – Today marks the final opportunity for investors to secure dividends from IME Life Insurance as well as Himalayan Everest Insurance. Both two companies are set to close their books on February 27. Since the Nepal Stock Exchange...


LIC Nepal Completes Opening of Sealed Bids for Unsold Right Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited has completed the opening of sealed bids for its unsold right shares. The bid opening took place on February 24 at Lisara Banquet, Naxal, Kathmandu. The company had issued right shares in...


IGI Prudential Insurance Conducts AML/CFT Training

Kathmandu – IGI Prudential Insurance Limited has recently conducted a training and seminar on compliance and Anti-Money Laundering and Countering the Financing of Terrorism (AML CFT). The event took place at Balthali Village Resort, Kavrepalanchok, in the presence of...


Sharad Ojha Appointed as Chairman of Nepal Insurance Authority

  Kathmandu – The government has appointed Sharad Ojha as the new chairman of the Nepal Insurance Authority (NIA) for the next four years. The decision was made during a Council of Ministers meeting held on February 24 under...


Minister Paudel Assures Reforms in Health Insurance Amid Viral Controversy

Kathmandu – Health and Population Minister Pradip Paudel has stated that efforts are underway to address distortions in the health insurance program, with reforms progressing in two phases. According to the minister, a task force was formed to provide...


Micro Insurance Companies Earn Rs 502.8 Million in Seven Months

Kathmandu –Micro insurance companies in Nepal have collectively earned over Rs 502.8 million in insurance fees in the first seven months of the current financial year, according to the latest statistics released by the Nepal Insurance Authority. Among these...


Government Implements Insurance Regulations 2081 to Enhance Transparency and Management

Kathmandu – The government has enforced the Insurance Regulations, 2081, introducing stricter policies to improve regulation, management, and transparency in the insurance sector. Under the new regulations, educational qualifications for insurance agents have been revised. Existing agents must have...