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...

Kathmandu – The first seven months of the current fiscal year 2081/82 have witnessed significant growth in both deposits and loan disbursements by commercial banks in Nepal. According to data published by the Nepal Bankers Association, deposit collections increased...

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...

Kathmandu – Ashish Dhakal has been appointed as the director of Himalayan Life Insurance Limited. According to the company, Dhakal has been appointed to the vacant directorship position representing the general public group.   Company Secretary Ishwar Kumar Sedai...