Salico to Hold Four-Day Basic Insurance Agent Training

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) is set to organize a four-day basic training session for aspiring insurance agents from Jestha 23 to 26 (June 6 to 9) . The training will be held at the company’s...


Nepal Insurance Gets SEBON Approval to Issue 40% Right Shares

Kathmandu – Nepal Insurance Company has received approval from the Securities and Exchange Board of Nepal (SEBON) to issue 40 percent right shares of its current paid-up capital. The company is now set to issue 6,576,937.76 units of right...


Reliable Nepal Life Calls Eighth AGM, Proposes 12% Bonus Shares and Cash Dividend

Kathmandu – Reliable Nepal Life Insurance Limited has announced its eighth annual general meeting (AGM) to be held on Ashar 2 (June 16) at 11 AM at Amrapali Banquet, Bhatbhateni, Kathmandu. The AGM will endorse a proposal to distribute...


Last Day to Secure Dividend of Himalayan Reinsurance Company

Kathmandu – Today marks the final day to secure the dividend of Himalayan Reinsurance Limited. The company has announced the book closure for dividend on Jestha 11 (May 25) to finalize the list of investors eligible for the upcoming...


Insurance Access in Nepal Reaches 44.64%, Majority Still Uncovered

Kathmandu — Access to insurance coverage in Nepal has climbed to 44.64% of the population, according to the latest data from the Nepal Insurance Authority (NIA). Despite the progress, more than half citizens still lack insurance access. As per...


Will the Budget Address Unpaid COVID-19 Insurance Claims?

Kathmandu — As the government prepares to unveil the federal budget for fiscal year 2082/83 by Jestha 15, concerns are mounting within the insurance sector over the unresolved issue of unpaid COVID-19 insurance claims. Despite four years having passed...


DHM and IPPAN Sign MoU to Develop Early Warning System for Hydropower Projects

Kathmandu — The Department of Hydrology and Meteorology (DHM) and the Independent Power Producers’ Association, Nepal (IPPAN) have signed a Memorandum of Understanding (MoU) to establish an early warning system aimed at minimizing flood and landslide damage to hydropower...


Protective Micro Insurance Distributes School Bags to Students in Kailali

Kathmandu — Protective Micro Insurance Limited has distributed school bags to 110 students of Gwasi Basic School, located in Chure Rural Municipality, Kailali, as part of its corporate social responsibility (CSR) initiative. The distribution program, held under the chairmanship...


Meena Kumari Sainju Appointed as Independent Director of Sanima Reliance Life

Kathmandu – Sanima Reliance Life Insurance has appointed Meena Kumari Sainju as an independent director of the company. The decision was made during the company’s board of directors meeting held on Baisakh 26( May 9), as per the information...


Asian Life Insurance Announces Book Closure Date for Right Share Issuance

Kathmandu — Asian Life Insurance Company has announced its book closure date for one day on Jestha 16 (May 30) to facilitate the issuance of 42 percent right shares. As per notice, only shareholders who hold shares until Jestha...