Kathmandu – Nepal’s life insurance sector has reported a significant rise in policy surrenders, with total terminations reaching nearly Rs 5 billion by the end of the Kartik month (Mid-November) of the current fiscal year. According to the Nepal...

Kathmandu – Guardian Micro Life Insurance Limited has commenced the first phase of its Initial Public Offering (IPO) from December 4, issuing 2.25 million ordinary shares worth Rs 225 million. This represents 30 percent of its total issued capital...

Kathmandu – Kamala Adhikari, an agency manager at Citizen Life Insurance’s Tokha branch, is setting an inspiring example of balancing entrepreneurship and the insurance profession. With determination, hard work, and family support, she has established herself as a successful...

Kathmandu – National Life Insurance Company Limited organized a ceremony at Siddhartha Sunny Resort in Surkhet to honor more than 75 agents from Karnali Province who achieved CEO Club membership. The event, chaired by Chief Executive Officer Suresh Prasad...

Kathmandu – NLG Insurance Company Limited organized a discussion program on agricultural and livestock insurance at the assembly hall of Kohalpur Municipality. The initiative aims to raise awareness among farmers about the importance of insurance and bring them under...

Kathmandu – United Ajod Insurance has appointed Kamal Gautam as its new Chief Executive Officer (CEO). The decision was made during a meeting of the company’s board of directors held on December 3. Gautam, a seasoned executive with extensive...

Kathmandu – The Ministry of Finance has instructed Rastriya Jeewan Beema Company Limited to finalize its pending audits within four months. The directive was issued during a meeting at the Ministry of Finance, led by Deputy Prime Minister and...

Kathmandu – Vice President Ram Sahaya Prasad Yadav has urged the Qatari government to introduce 24-hour insurance coverage for Nepali migrant workers and extend humanitarian support to those facing difficulties in Qatar. During a meeting with Qatari Ambassador to...

Kathmandu – The demand for personal housing loans has seen a sharp rise as interest rates continue to decline, rejuvenating the real estate sector. Banks and financial institutions have been offering loans of up to Rs 20 million for...

Busan – The fifth round of negotiations to create a legally binding global treaty on plastic pollution concluded in Busan, South Korea, without finalizing an agreement. Despite initial expectations to deliver the treaty by the end of 2024, nations...