Kathmandu – Today marks the final day for Nepalese employed abroad to apply for the IPO issued by Nepal Micro Insurance. The company has received approval to issue 2.25 million shares worth Rs 225 million, equivalent to 30% of...

Kathmandu – IME Life Insurance successfully organized a two-day program titled “Mastering the Art of Sales Training and MDRT Felicitation,” concluding with a grand ceremony. Held on January 31 and February 1 at Siddhartha Hotel in Nepalgunj, the event...

Kathmandu – The Nepal Insurance Authority (NIA) has initiated preparations to transfer approximately Rs 5 billion from its fund to the government account of the Ministry of Finance. Out of the Rs 9 billion collected by the Authority as...

Kathmandu – Life Insurance Corporation (LIC) Nepal has opened applications for the auction of nearly 500,000 unallocated right shares, starting today, January 3. The company had recently issued right shares to its shareholders in the ratio of 1:0.8845 (88.45...

India – The Indian government has approved a major reform by increasing foreign direct investment (FDI) in the insurance sector from 74% to 100%. Announced by Union Finance Minister Nirmala Sitharaman, this move aims to attract substantial foreign investments...

Kathmandu – NLG Insurance Company Limited has appointed Noor Prakash Pradhan as its independent director. The decision was made during the company’s board of directors meeting held on January 31. Pradhan officially assumed his responsibilities after taking the oath...

Kathmandu – Nepal Life Insurance Company successfully concluded a one-day sales transformation session in Kathmandu, focusing on reviewing its second-quarter performance and formulating a sales strategy for the remaining period of fiscal year 2081/82. The program was hosted by...

Kathmandu – Sun Nepal Life Insurance recently conducted a national-level orientation program on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) for its insurance agents and branch managers. The event, held on January 31 at Amritbhog Catering...

Kathmandu – Sanima Reliance Life recently honored its top-performing insurance agents who achieved the prestigious MDRT (Million Dollar Round Table) target at a special event held at Chandragiri Hills, Kathmandu, last Friday. The event was attended by the company’s...

Kathmandu – Neco Insurance Limited has announced plans to issue right shares worth Rs 503.9 million starting February 20. The company will offer 21.23 million shares at a face value of Rs 100 per share, amounting to 25 percent...