Hong Kong’s general insurance market is projected to grow at a compound annual rate of 5.1%, reaching HK$85.4 billion (US$10.9 billion) in gross written premiums (GWP) by 2029, according to GlobalData. This forecast aligns with the Insurance Authority’s (IA)...

Kathmandu — Himalayan Life Insurance Limited has called on its shareholders to deposit the 14% tax applicable on bonus shares approved during the company’s 17th Annual General Meeting held on Falgun 11, 2081 BS. According to the company, shareholders...

Kathmandu — Reliable Nepal Life Insurance Limited has conducted a motivational program for more than 200 insurance agents from its various branches within the Kathmandu Region. The event took place on Saturday at Basundhara. The program aimed to encourage...

Kathmandu — The Office of the Auditor General Nepal has called on the Nepal Insurance Authority to step up its monitoring efforts after it was found that life insurance companies have yet to settle claims worth over Rs 1.19...

Kathmandu — The total outstanding insurance claim amount of Nepal’s non-life insurance sector has reached Rs 35.79 billion by third quarter of of the current fiscal year. This figure marks a 41.54 percent increase compared to the same period...

Kathmandu – Sanima Reliance Life Insurance has unveiled a special revival campaign offering a 100 percent discount on late fees for the renewal of expired life insurance policies. The initiative, aimed at policyholders who have missed premium payments due...

Kathmandu — National Life Insurance Company has officially reappointed Suresh Prasad Khatri as its Chief Executive Officer (CEO), marking his second term at the helm of the organization. The decision was made during the company’s board meeting held on...

Kathmandu — Neco Insurance Limited has successfully allotted its unallocated right shares that were offered to the public through an auction. The shares were made available for bidding at a base price of Rs 100 per share. According to...

Kathmandu — NLG Insurance Company Limited has announced that its 19th Annual General Meeting (AGM) will be held on Jestha 29 (June 12) at 11 AM at Amrapali Banquet, Baluwatar. The decision was made recently during the company’s Board...

Kathmandu — The Nepal Insurance Authority has approved the actuarial report on the financial position and liability valuation of Asian Life Insurance Company Limited for the previous fiscal year, paving the way for the company to release its updated...