Kathmandu – Nepal Life Insurance has appointed Bimal Prasad Dhakal, Krishna Raj Lamichhane, and Sharmila Shrestha Maharjan as directors. The appointments were made following the decision of the company’s 25th Annual General Meeting, held on Chaitra 2 (March 15)...

Kathmandu – Rights shares of Life Insurance Corporation (Nepal) Limited have been listed on the Nepal Stock Exchange (NEPSE). On Sunday, the company’s right shares, issued at a rate of 88.45168 percent, were officially listed. A total of 23.46...

Kathmandu – Radha Pokharel, the newly appointed director of the Nepal Insurance Authority, took the oath of office and secrecy on Sunday. The ceremony was held at the Ministry of Finance, where Deputy Prime Minister and Finance Minister Bishnu...

Kathmandu – Crest Micro Life Insurance is set to distribute its Initial Public Offering (IPO) on Tuesday (March 18), according to NIMB Ace Capital, the company’s sales manager. The company’s IPO received overwhelming demand, with applications submitted for 2.48...

Kathmandu – Radha Pokharel has been appointed as a woman director of the Nepal Insurance Authority. The government appointed Pokharel to the vacant post under the provision for female directors outlined in the Insurance Act 2079. Pokharel’s appointment is...

New Delhi (CNBC) — Patanjali Ayurved, led by Baba Ramdev, has acquired a majority stake in Magma General Insurance in partnership with DS Group at a valuation of Rs 4,500 crore, subject to regulatory approvals. Following the acquisition, Patanjali...

Kuala Lumpur – The Malaysian government has announced new measures to address the rising cost of health insurance and takaful premiums, aiming to ease the financial burden on policyholders. Deputy Prime Minister of Malaysia, Datuk Seri Ahmad Zahid Hamidi...

Kathmandu – The Professional Insurance Agents Association and the Nepal Insurance Authority have agreed to form a working group to address issues arising from the Insurance Regulations 2081. The agreement follows protests by insurance agents, who claim the new...

Kathmandu – Sushil Dev Subedi has been appointed as the Executive Director of the Nepal Insurance Authority. The decision was made during a meeting of the Authority’s Board of Directors on Friday. Subedi’s promotion comes following a recommendation from...

Kathmandu – United Ajod Insurance has appointed Sanjay Aryal and Kashi Nath Burlakoti as the company’s new general managers. Additionally, Dhiraj Dhungana has been entrusted with the role of chief manager. Sanjay Aryal brings 26 years of experience in...