Liberty Micro Life Expands Insurance Access Through Cooperative Partnerships in Bagmati

Kathmandu — Liberty Micro Life Insurance has signed an agreement with various cooperatives in Bagmati Province to provide affordable insurance services to cooperative members and borrowers. Through this partnership, the company aims to offer financial protection during emergencies while...


U.S. Home Insurance Becoming More Unaffordable: IRC Report

The U.S. insurance market is facing sustained pressure as premiums continue to rise across the country. The average cost of claims per insured home in the United States has increased at a rate faster than inflation over the past...


Janaki Bist’s Journey: From the Hills of Baitadi to Citizen Life’s MDRT Circle

Kathmandu – In a region long defined by poverty, hardship, and underdevelopment, Janaki Bist from Baitadi has written an extraordinary story of determination and transformation. Once a shy woman with limited formal education, she now stands as a leading...


Outstanding Insurance Claims of Non-Life Insurers Cross Rs 30 Billion

Kathmandu — Outstanding insurance claims of non-life insurance companies in Nepal have surged sharply, with the total pending amount exceeding Rs 30 billion, according to the Nepal Insurance Authority. By the end of Baisakh in the current fiscal year,...


Sanima Reliance Life Opens Sale of Promoter Shares to Public

Kathmandu- Sanima Reliance Life Insurance Limited has announced the open sale of 249,773 units of promoter shares to the general public, including promoter shareholders. Initially, the company had offered these shares exclusively to its existing promoter shareholders. However, after...


Rastriya Jeevan Beema Company Launches ‘Children’s Educational Plan’

Kathmandu – Rastriya Jeevan Beema Company, a government-owned entity, has unveiled a new endorsement insurance policy — the ‘Children’s Educational Plan’ — aimed at securing the educational future of children across Nepal. The launch took place during a formal...


Neco Insurance’s 25% Right Shares Officially Listed on NEPSE

Kathmandu – The right shares of Neco Insurance Company Limited have been officially listed on the Nepal Stock Exchange (NEPSE). The listing took place on Thursday, paving the way for secondary market trading to commence from Sunday. A total...


Air India Crash in Ahmedabad Triggers India’s Largest Aviation Insurance Claim

Mumbai (ET) — The recent crash of an Air India Boeing 787 Dreamliner near Ahmedabad is expected to result in India’s largest aviation insurance payout in Indian history, with total claims projected to surpass $120 million. The tragic incident,...


Nepal Insurance Right Shares Adjusted on NEPSE

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share price of Nepal Insurance Company Limited following the issuance of its right shares. The adjustment was carried out on Thursday, reflecting the 34.7826087 percent right shares issued by...


IME Life Partners with Mediciti Hospital to Offer Special Discounts to Policyholders, Agents, and Employees

Kathmandu – IME Life Insurance Company Limited has entered into a partnership with Mediciti Hospital to offer special healthcare discounts to its policyholders, agents, and employees. Under the new agreement, IME Life policyholders will receive exclusive concessions on health...