Neco Insurance Limited to Issue Right Shares worth 503.9 Million

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...


Surya Prasad Silwal’s Tenure at Nepal Insurance Authority Ends Amid Legal Battles

Kathmandu -The tenure of Surya Prasad Silwal, the suspended chairman of the Nepal Insurance Authority, officially concluded on January 31, 2025, marking the end of his term. Silwal, who was suspended after the Commission for the Investigation of Abuse...


Guardian Micro Life Insurance Shares Transferred in Shareholders’ Demat Accounts

Kathmandu – The shares of Guardian Micro Life Insurance Limited have been deposited in the demat accounts of the concerned shareholders. CDSC transferred the shares to shareholders’ accounts on Friday evening. Investors will now be able to trade these...


Nepal Life Insurance Announces Date for Annual General Meeting

Kathmandu – The Nepal Life Insurance company has announced that its Annual General Meeting (AGM) will take place February 10, 2025, at 1:00 PM at Hotel Vishuwa, Birgunj, Pasauni. The meeting will review and approve the Annual Progress Report...


NLG Insurance Announces Sale of Unsold Rights Shares

Kathmandu – NLG Insurance Company Limited has issued a notice regarding the sale of unsold rights shares from its promoter and public groups. Despite earlier efforts to allocate these shares, a portion remains unsold, prompting the company to invite...


Government Allocates Rs 800 Million for Agricultural Insurance Claims

Kathmandu – The government has transferred Rs 800 million to the Nepal Insurance Authority to settle insurance claims for farmers involved in agricultural crop and livestock farming. This funding aims to provide relief to thousands of farmers who have...


Shikhar Insurance Announces 10% Bonus Shares and Cash Dividend

Kathmandu – Shikhar Insurance Company has announced its dividend distribution plan for shareholders. During a board of directors meeting held on last week, the company decided to allocate a 10 percent bonus share and a 0.5263 percent cash dividend...


Five Life Insurance Companies Announce Bonus Rates for FY 2080/81

Kathmandu – Out of the 14 life insurance companies operating in Nepal, five have announced new bonus rates for their policies for the fiscal year 2080/81. Nepal Life, SuryaJyoti Life, Citizen Life, IME Life, and Met Life have disclosed...


Nepal Life Insurance Honors Mokendra Yadav for MDRT Achievements

Kathmandu – Nepal Life Insurance has honored Senior Agency Manager Mokendra Yadav for his outstanding achievement of qualifying for the Million Dollar Round Table (MDRT) 2025. Yadav, who has been part of this prestigious global organization for ten consecutive...


Neco Insurance Limited Announces Nationwide Job Vacancies

Kathmandu – Neco Insurance Limited, one of Nepal’s leading and oldest non-life insurance companies, is hiring for multiple positions across the country. The company is seeking dynamic, qualified, and result-oriented individuals with strong communication and interpersonal skills to join...