Kathmandu – Prabhu Insurance Limited has announced the sale of its founder shares, restricting the purchase to its existing founder shareholders. Interested shareholders must submit their applications at the company’s central office in Tinkune, Kathmandu, within the next 35...

Kathmandu – Himalayan Life Insurance Company has scheduled its Annual General Meeting (AGM) for February 23 at Anupam Foodland and Banquet, Battisputli, Kathmandu, starting at 10:30 AM. The company plans to propose a 14% bonus share distribution from the...

Kathmandu – Life insurance companies in Nepal have collectively disbursed loans exceeding Rs 95.33 billion against insurance policies by the end of the second quarter of the current fiscal year. This marks a 6.62% increase compared to the same...

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...