Kathmandu, Prabhu bank exiting from Mahalakshmi Life Insurance Limited by selling all of its share. There isn’t clear reason but bank has decided whole share want puts at sale. Prabhu bank is major stake holder of prabhu mahalaxmi life....

Kathmandu. Acting CEO Anju Shrestha has been appointed as the Chief Executive Officer (CEO) of Himalayan Everest Insurance Limited. Making history as the second female CEO in Nepali non-life insurance companies, Shrestha will lead Himalayan Everest Insurance Company. The...

Kathmandu, Nic asia bank ltd has announced the sale of 801,476 promoter shares Suryajyoti Life Insurance Company Limited again. This time bank puts 8,01,476 number of shares at sale. The company has set a minimum price of NPR 208...

Kathmandu, The government-owned Rastriya jeevan beema Company has announced the bonus rate for the financial year 2080/81. The company has set a bonus rate of Rs. 60 per thousand per year for all life insurance policies issued by the...

Kathmandu, Sanima Reliance Life Insurance successfully held its much-anticipated Club Achievers Event 2081 at The Soaltee Hotel Kathmandu, celebrating the outstanding achievements of agents who excelled in the company’s prestigious club schemes. The event brought together successful agents from...

  Kathmandu, Nepal’s insurance industry is currently grappling with significant turmoil as the Insurance Regulatory Authority faces accusations of unethical practices and corruption. Allegations have surfaced that the regulatory body has been attempting to secure a share of commissions...

Kathmandu; Nepal Insurance Authority (NIA) has implemented a new directive that can be cancel the license of insurance agents. revising the standards for the institutional governance of insurer. A new provision has been inserted to revoke the insurance agent’s...

India govt open to selled stake in GIC Re, LIC in FY24/25, says source Delhi (Reuters)  – The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India...

Kathmandu ; There is a record that most of the insurance company cannot conduct there Annual General Meeting in time due to late submission of actuary valuation testing. However, a national organization like Nepal Insurance Association, which is not...

Kathmandu; The Insurance Authority has submitted a proposal that the budget for the next financial year should be brought in such a way that it will help to expand the reach of the insurance sector. Chairman of Insurance Authority...