Kathmandu — Sanima Reliance Life Insurance has successfully conducted a two-day skill development training program aimed at enhancing the professional capabilities of its insurance agents. The program was held at a resort in Bardiya on June 14 and 15,...

Kathmandu – An ongoing investigation into unauthorised cashback practices has sent shockwaves through Nepal’s non-life insurance industry, with the Insurance Authority intensifying its oversight and aiming to eliminate the practice entirely. Cashback—an illegal incentive offered to secure large insurance...

Kathmandu — NLG Insurance Company Limited has appointed an external auditor for the current fiscal year during its 19th Annual General Meeting (AGM) held on Jestha 29 (June 12). The meeting approved the appointment of S. C. Lal Associates...

Kathmandu — Nepal Insurers’ Association President Birendra Baidwar Chhetri has emphasized the urgent need for a specialized insurance policy tailored for the hydropower sector, citing the unique risks and requirements associated with it. Speaking at a program held to...

Kathmandu – Chairman of the Nepal Insurance Authority, Sharad Ojha, has assured that the regulatory body is actively working to address the challenges in hydropower insurance and bring about swift reforms to ensure smoother operations in the sector. Speaking...

Kathmandu – The Nepal Insurance and Risk Management Association (NIRMA) celebrated its sixth anniversary by honoring individuals and organizations that have significantly contributed to its growth and success. At a special ceremony held in Kathmandu, the Chairman of Nepal...

Kathmandu — Nepal Reinsurance Company Limited has announced its intention to invest in term deposits and has called on eligible institutions to submit sealed proposals. In a public notice issued on Wednesday, the company invited proposals from national-level banks...

According to a recent report from Reuters, Insurance costs for ships heading to Israel have soared sharply as tensions with Iran intensify, pushing war risk premiums up to three times higher than last week, according to global marine insurance...

Kathmandu – Air pollution has emerged as the single greatest risk factor for death and disability in Nepal, according to a new World Bank report that calls for bold, cross-sectoral action to combat the worsening air quality crisis. The...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced a special limited-time offer, providing up to 75 percent discount on late fees for the renewal of lapsed insurance policies. This initiative will be in effect from Ashad 4 to...