Non-Life Insurance Companies Earn Over Rs 28 Billion in Eight Months

Kathmandu – Non-life insurance companies operating in Nepal have earned over Rs 28 billion in insurance premiums in the first eight months of the current fiscal year. According to the financial statements released by the Nepal Insurance Authority on...


Asian Life Insurance Completes Staff Motivational and Skill Development Training

Kathmandu – Asian Life Insurance Company has successfully concluded its ‘Staff Motivational and Skill Development Training’ in a grand manner. The training was held on Saturday at Hotel Pauwa in Dhangadhi, Sudurpaschim Province. Murari Raj Humagai, the company’s Deputy...


NIA Chairman Sharad Ojha Calls for Submission of SOPs

Kathmandu — Sharad Ojha, the newly appointed Chairman of the Nepal Insurance Authority (NIA), has directed all internal departments to submit their Standard Operating Procedures (SOPs) in writing to the provincial offices. Ojha instructed all department heads to formally...


Insurance Authority to Issue Unified Directives for Insurers

Kathmandu — The Insurance Authority of Nepal is preparing to issue unified directives to strengthen the financial health of insurance companies and address challenges faced by policyholders. Chairman Sharad Ojha made this announcement while addressing an interaction program on...


Seminar on Risk Management and Insurance Held in Dhangadhi

Kathmandu – A seminar on risk management and contemporary issues in insurance was held in Dhangadhi on Saturday, organized by the Nepal Insurance Professional Society (NIPS) in collaboration with the Nepal Insurance and Risk Management Association (NIRMA). Prakash Bam,...


Neco Insurance Extends Right Share Application Deadline

Kathmandu – Neco Insurance Company has extended the deadline for applying for its right shares to Chaitra 14 (March 27). The original deadline, which was set for Falgun 28 (March 12), was pushed back due to insufficient applications. Neco...


EV Insurance Surges in India, Demand Rises 16-Fold in Three Years

New Delhi (ANI) – The demand for electric vehicle (EV) insurance in India has witnessed a remarkable 16-fold increase over the past three years, with Delhi-NCR emerging as the market leader with an 18.3% share, according to internal data...


National Insurance Company Issues Tender for Office Space

Kathmandu – National Insurance Company Limited has issued a tender notice inviting applications from interested landlords for leasing a suitable office premise near the Tripureshwor area. The company seeks a premise with a minimum carpet area of 800 square...


Nepal Insurance Authority Employees Union Concludes Special Convention

Kathmandu – The special convention of the Nepal Insurance Authority Employees Union has concluded with the election of a new leadership, marking the beginning of a new term. During the event, Nepal Insurance Authority Chairman Sharad Ojha highlighted the...


NIA Chairman Emphasizes Stakeholder Cooperation for Insurance Sector Reforms

Kathmandu — Chairman of the Nepal Insurance Authority (NIA), Sharad Ojha, has stressed the need for cooperation from employee unions, insurance associations, and all stakeholders to effectively implement the responsibilities outlined in the Insurance Act. Speaking at a special...