Moscow/ New Delhi (Reuters) – As Western sanctions continue to tighten around Russia’s oil export mechanisms, three additional Russian insurance firms including a subsidiary of Russia’s largest lender, Sberbank have approached Indian authorities seeking approval to provide marine insurance...

Kathmandu – Sun Nepal Life Insurance Company Limited is set to issue right shares from Baisakh 30 (May 13), following approval from the Securities Board of Nepal (SEBON). The company will offer a total of 10,696,320 units of right...

Kathmandu – SuryaJyoti Life Insurance Company has entered its 18th year of operation, marking the occasion with grand celebrations across its branch, provincial, and central offices. The company, which officially began its life insurance services on Baisakh 11, 2064...

Kathmandu – Citizen Life Insurance Company Limited conducted a specialized training and motivational session for its agents at the company’s head office in Thapathali yesterday (April 24). The program was organized with the objective of helping agents achieve their...

Kathmandu — Neco Insurance Limited has announced a 7% dividend for its shareholders, following the decision made during a recent board meeting. According to the company, the board of directors approved the dividend distribution today. The proposed dividend includes...

Kathmandu – Neco Insurance Limited has announced the auction of 225,161.35 units of unallocated right shares starting Friday, offering the public an opportunity to purchase the shares at a minimum price of Rs 100 per unit. The auction includes...

Kathmandu – Nepal and the United Arab Emirates (UAE) are preparing to enhance bilateral cooperation with a focus on labour welfare, educational opportunities, and investment in skill development infrastructure. In a high-level meeting held recently, Minister for Labour, Employment...

Zurich — Swiss Re has announced the appointment of Bernhard Kaufmann as its next Group Chief Risk Officer (CRO), effective October 1, 2025. He will succeed Patrick Raaflaub, who currently holds the position. Kaufmann brings nearly two decades of...

Kathmandu — Sanima GIC Insurance Limited has issued a notice urging policyholders with long-standing unsettled claims to contact the company at the earliest to receive their claim payments. The company stated that several insurance claims remain pending due to...

South Korea’s motor insurance sector is projected to expand at a steady pace over the next four years, fueled by a surge in electric vehicle (EV) adoption, increased premium rates, and a rebound in vehicle sales. According to industry...