Nepal Reinsurance Calls for Term Deposit Proposals from BFIs

Kathmandu — Nepal Reinsurance Company Limited has announced its intention to invest in term deposits and has called on eligible institutions to submit sealed proposals. In a public notice issued on Wednesday, the company invited proposals from national-level banks...


War Insurance Premiums for Israel Surge Amid Escalating Conflict with Iran

According to a recent report from Reuters, Insurance costs for ships heading to Israel have soared sharply as tensions with Iran intensify, pushing war risk premiums up to three times higher than last week, according to global marine insurance...


Air Pollution Remains Nepal’s Leading Health Risk, Says World Bank Report

Kathmandu – Air pollution has emerged as the single greatest risk factor for death and disability in Nepal, according to a new World Bank report that calls for bold, cross-sectoral action to combat the worsening air quality crisis. The...


Prabhu Mahalaxmi Life Offers Up to 75% Discount on Late Fees for Lapsed Policy Renewals

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced a special limited-time offer, providing up to 75 percent discount on late fees for the renewal of lapsed insurance policies. This initiative will be in effect from Ashad 4 to...


Rastriya Jeevan Beema Company to Conduct Basic Training for Life Insurance Agents in Kathmandu

Kathmandu —Rastriya Jeevan Beema Company Limited has announced a three-day basic training program for aspiring life insurance agents. The training is scheduled to take place in Kathmandu from Ashad 22 to 24 (July 6 to 8). Interested individuals are...


Himalayan Investment Banker Appointed Share Registrar of Guardian Micro Life Insurance

Kathmandu — Himalayan Investment Banker Limited has officially been appointed as the share registrar of Guardian Micro Life Insurance Limited, marking a new partnership to manage the insurer’s securities-related operations. The agreement was formalized during a signing ceremony held...


Falling Birth Rates Tied to Living Costs and Lack of Family Support : UNFPA Report

Kathmandu – The United Nations Population Fund (UNFPA) has called on governments, including Nepal, to adopt supportive, rights-based policies to address demographic challenges, warning that coercive measures such as fertility targets, financial incentives, or restrictions on reproductive rights are...


Siddhartha Premier Insurance Settles Over Rs 2.43 Billion in Claims in FY 2081/82

Kathmandu – Siddhartha Premier Insurance Limited has paid a total of Rs 2.43 billion to settle 14,194 insurance claims in the 11 months of the fiscal year 2081/82. The company received a total of 15,480 claims during the period....


Wilson Man Ranjit Appointed to Board of United Ajod Insurance

Kathmandu – United Ajod Insurance Limited has appointed Wilson Mann Ranjit as a member of its board of directors. The decision was made during the company’s board meeting held on Ashad 2 (June 16). Ranjit has been appointed to...


Tragedy in Kalanki Sparks Urgent Questions Over EV School Vans and Student Safety

Kathmandu – A devastating accident outside Edify International School in Kalanki has left the nation grieving and questioning the unchecked use of unvetted electric vehicles (EVs) in school transport. On Monday afternoon, a brand-new SRM electric microvan—purchased just four...