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...

Kathmandu — A new working committee of the Nepal Insurance Authority Employees Union has been formed following recently held elections. Prem Hari Pokharel has been elected as the president of the union. Anurag Pandey and Romila Sharma have been...

Kathmandu — IME Life Insurance Company Limited has been awarded the ISO 9001:2015 certification, recognizing its adherence to international standards for Quality Management Systems (QMS). The certification, issued by the International Organization for Standardization (ISO), reflects the company’s commitment...

Kathmandu — Sanima Reliance Life Insurance successfully concluded its eighth annual general meeting (AGM) today at Anmol Banquet in New Baneshwor. The meeting, which began at 11 a.m. today, approved key proposals, including dividend distribution and amendments to company...

Kathmandu – Nepal Micro Insurance and Crest Micro Life have completed the distribution of their Initial Public Offerings (IPOs) and are now in the process of being listed on the Nepal Stock Exchange (NEPSE). Investors are eagerly awaiting the...

Jio Financial Services, part of the Reliance Group, has reportedly reached a preliminary agreement with Germany’s Allianz SE to establish an insurance business in India, according to Bloomberg News. This development follows Allianz’s decision earlier this week to sell...

Kathmandu – The share price of Sanima GIC Insurance has been adjusted on the Nepal stock Exchange (NEPSE) following the company’s book closure for its general meeting and dividend distribution. NEPSE has accounted for the issuance of 7.50 percent...

Hongkong  – The Hong Kong Insurance Authority (IA) has issued a public warning about a fraudulent website falsely claiming to represent AIA International Limited, an authorized insurer in Hong Kong. The website appears to be designed to steal customer...

Frankfurt (Reuters) – Munich Re has signed a definitive agreement to acquire NEXT Insurance for $2.6 billion, making it part of ERGO, Munich Re’s primary insurance arm. The acquisition marks a significant expansion into the US small and medium-sized...

Kathmandu – Nepal Insurance Authority Gandaki Province is set to conduct the life insurance agent examination on Chaitra 12 (March 25). The exam will take place on Tuesday from 11:00 AM to 12:30 PM. The Authority announced the schedule...