Kathmandu — Seven commercial banks have disclosed their fourth-quarter financial statements for the fiscal year 2081/82, revealing dividend distribution capacities ranging from 5.25% to 38.27%. The banks include Machhapuchhre Bank, Kumari Bank, Siddhartha Bank, Agricultural Development Bank, Citizens Bank,...

Kathmandu — Nepal Insurance Company Limited has extended the application deadline for its ongoing right share issuance until Bhadra 2 (August 18). The issuance offers a total of 6,576,967.76 units of right shares at a face value of Rs...

Kathmandu — Madan Bhatt, widely recognized as one of Nepal’s most successful insurance agents, has set benchmarks in the industry with an illustrious career spanning over two decades. Bhatta, who was born in Dadeldhura, Sudurpashchim Province, began his professional...

Kathmandu — The Black Diamond Group under IME Life Insurance has successfully concluded a two-day capacity-building training program for agency managers and team leaders of Koshi Province, alongside a special recognition ceremony honoring Agency Managers and MDRT 2026 qualifiers....

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 182.27 billion in premiums from various insurance products by the end of the Ashar 2081/82, according to the Nepal Insurance Authority. The amount was generated from...

  Kathmandu — Life insurance companies in Nepal have reported significant growth in first premium collection in new business during the last fiscal year, with first insurance premiums reaching Rs 43.69 billion by the end of Ashar 2081/82. According...

Kathmandu — Reliable Nepal Life Insurance Limited’s Thankot Branch organized a grand honor and motivation program on Saturday to recognize agents, club members, and agency managers who achieved outstanding business performance in the fiscal year 2081/82. The event was...

Kathmandu — The devastating floods and landslides triggered by incessant rainfall in Rasuwa district on 23 Ashar (July 7) have resulted in insurance claims approaching Rs 1 billion. According to the Nepal Insurance Authority, as of 22 Shrawan (August...

    Kathmandu — Four non-life microinsurance companies operating in Nepal collectively earned Rs 953.8 million in insurance premiums during the fiscal year 2081/82, according to data released by the Nepal Insurance Authority. Leading the sector, Nepal Micro Insurance...

Kathmandu — Life microinsurance companies in Nepal recorded insurance premium earnings of Rs 843.4 million in the last fiscal year 2081/82, according to data released by the Insurance Authority. Among the companies, Guardian Micro Life Insurance secured the highest...