Amb. Dr. Sarmila Parajuli Dhakal Meets AGDA Deputy Director General Dr. Mohammed Ibrahim Al Dhaheri to Explore Strategic Collaboration

Abu Dhabi – Ambassador Dr. Sarmila Parajuli Dhakal, President of the International Relations & Global Diplomacy Dialogue (IRGDD) and former Ambassador of Nepal, held a series of high-level meetings in Abu Dhabi to explore strategic collaboration in diplomacy and...


Shikhar Insurance Marks 21st Anniversary, Honors Long-Serving Employees

Kathmandu – Shikhar Insurance Company Limited celebrated its 21st anniversary with a series of programs that recognized employee dedication and contributed to social welfare. During the anniversary ceremony, the company honored 11 employees who completed 20 years of service,...


Nepal Reinsurance Company Delays FY 2080/81 Financial Report Amid Accounting Discrepancies

Kathmandu – Nepal Reinsurance Company has been unable to publish its fourth-quarter financial statement for fiscal year 2080/81 after inconsistencies were reportedly found across several accounting records. The delay has drawn the attention of the Insurance Authority, which has...


Laxmi Ghimire Achieves MDRT Target for 2025 and Secures COT Qualification for 2026

Kathmandu – Laxmi Ghimire, an agent of IME Life Insurance Company Limited, has successfully met the annual target set by the Million Dollar Round Table (MDRT) for Nepal in 2025. In addition, she has achieved the prestigious Court of...


IGI Prudential and Alka Hospital Ink Deal for Cashless Treatment Services

Kathmandu – IGI Prudential Insurance Limited has signed an agreement with Alka Hospital, Jawalakhel, Lalitpur, to provide cashless hospitalization services to its policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer of IGI Prudential Insurance Limited,...


Life Insurance Premium Income Rises 12.25% in First Quarter of 2082/83

Kathmandu – All 14 life insurance companies have published their first quarter financial statements for the current fiscal year, revealing a 12.25 percent growth in total life insurance business compared to the same period last fiscal year. By the...


Life Insurance Agents Receive Rs 3.59 Billion in Commission in First Quarter

Kathmandu – Life insurance agents across the country received a total commission of Rs 3.59 billion in the first three months of the current fiscal year, according to the latest industry data. This marks a 10.52 percent increase compared...


Shikhar Insurance Marks 21st Anniversary With Blood Donation Drive

Kathmandu – Shikhar Insurance Company has organized a blood donation program on the occasion of its 21st anniversary, reinforcing its commitment to corporate social responsibility. The event, held at the company’s head office in Thapathali, saw enthusiastic participation from...


Shikhar Insurance Becomes First in Nepal to Publish Financial Statements Under NFRS 17

Kathmandu – Shikhar Insurance has prepared and published its first-quarter financial statements for the fiscal year 2082/83 in full compliance with the Nepal Financial Reporting Standard 17 (NFRS 17), Insurance Contracts. With this, Shikhar Insurance has become the first...