Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has deposited its recently approved 8% bonus shares into the demat accounts of eligible shareholders. The decision was endorsed during the company’s 8th Annual General Meeting (AGM) held on 26th Jestha (June...

Kathmandu — Asian Life Insurance Company Limited has officially opened the sale of its 42 percent right shares starting today. The company is issuing a total of 14,279,312.48 units of right shares at a face value of Rs 100...

Kathmandu — The Nepal Insurance Authority has resolved 113 insurance-related complaints over the past 11 months of the current fiscal year, marking a decline in its complaint disposal rate compared to the previous year. The latest data, made public...

Kathmandu — The Nepal Insurance Authority has officially made public its policy and program for the upcoming fiscal year 2082/83, outlining a broad vision for enhancing the accessibility, transparency, and quality of insurance services across the country. During a...

Kathmandu — Chairman of the Nepal Insurance Authority, Sharad Ojha, has announced the annual policy and program for the upcoming fiscal year 2082/83, pledging its full implementation to bring transformative changes in the insurance sector. Unveiling the policy on...

Kathmandu – A devastating landslide at the Rasuwagadhi checkpoint early this morning has swept away dozens of vehicles, causing widespread damage and triggering insurance claims worth millions of rupees. According to initial reports, a large number of electric and...

Seoul – In response to worsening summer heatwaves, the South Korean government, in partnership with the insurance industry, is set to launch a climate insurance product by 2026 to protect vulnerable outdoor workers. The planned index-based insurance will provide...

Bangkok – Insurance claims in Thailand from the devastating March earthquake centered in Myanmar could soar to 50 billion baht (approximately USD 1.53 billion), according to the Thai General Insurance Association (TGIA). The quake, which struck on March 28,...

Kathmandu — A special one-day interaction and training program focused on insurance journalism was successfully conducted on Monday by the Female Economic Journalist Association (FEJA), in collaboration with the Nepal Insurance Authority (NIA). The event aimed to strengthen the...

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has issued a stern warning to provincial and branch heads of insurance companies, stating that strict action will be taken against those who fail to act in the interest of the...