Kathmandu – It has come to light that the government-owned Rastriya Beema Company has failed to act on a directive issued by the Nepal Insurance Authority over four months ago, prohibiting the distribution of dividends and bonuses. The directive...

Kathmandu – The Nepal Insurance Authority (NIA) is set to introduce a new framework for renewing the licenses of insurance agents and surveyors. To facilitate this, the Authority has formed a dedicated committee tasked with studying and recommending appropriate...

Kathmandu – The sixth annual general meeting (AGM) of the Insurance Institute of Nepal (IIN) concluded on Sunday in Kathmandu, passing its annual report and highlighting key directives for the development of the insurance sector. Nepal Insurance Authority Chairman...

Kathmandu – The Nepal Insurance Authority (NIA) has issued a strong warning to Rastriya Beema Company, a government-owned insurance firm, over alleged financial irregularities, operational mismanagement, and violations of regulatory provisions. The authority has threatened to take over the...

Kathmandu – IME Life Insurance Company has notified the Nepal Stock Exchange (NEPSE) about its inability to conduct its annual general meeting (AGM) within the stipulated deadline of end of the Poush month. The delay is attributed to the...

Kathmandu – Sanima Reliance Life Insurance has urged its shareholders to deposit the required amount for tax purposes to receive the 18.3811 percent bonus shares approved during the company’s general meeting held on October 9, 2024. According to the...

Kathmandu – MetLife Nepal has introduced a new initiative, the MetLife ‘Always with You’ program, aimed at deepening its relationship with customers and providing continuous support. The program reflects the company’s commitment to delivering personalized and customer-centric services while...

Kathmandu – IME Life Insurance has honored its top-performing agents for achieving their COT (Court of the Table) and MDRT (Million Dollar Round Table) targets. The company hosted a grand ceremony on Saturday at Hotel Moon & Restaurant in...

Kathmandu – Nepal’s commercial banking sector has reported a combined profit of Rs 30.5 billion by the end of Mangsir (mid-December, 2024) in the current fiscal year 2081/82. According to data from Nepal Rastra Bank, this figure marks a...

Kathmandu – Nepal Life Insurance has announced a dividend for its shareholders from the profit earned in the fiscal year 2080/81. The decision was made during the board of directors meeting held on January 10. The company has declared...