Kathmandu — The Nepal Insurance Authority has initiated preparations to fast-track the resolution of long-pending cases under the leadership of newly appointed Chairman Sebantak Pokharel. In a bid to expedite the process, the Authority plans to mobilize not only...

Mumbai — Tesla has officially entered the Indian market with the launch of its first showroom in Mumbai on July 15, showcasing the Model Y in two variants: Rear-Wheel Drive (₹60 lakh) and Long Range Rear-Wheel Drive (₹68 lakh+)....

Kathmandu — The Ministry of Health and Population has revised its decision to remove several hospitals from the list of first service points under the national health insurance program, following widespread protests from health workers, hospital staff, and local...

Global reinsurer Munich Re has announced a strong preliminary net profit of €2.1 billion for the second quarter of 2025—up €500 million year-on-year—driven by low major-loss expenditures in its property and casualty (P&C) reinsurance segment. The German reinsurer also...

Seoul – In response to the devastating floods caused by five days of relentless rainfall across South Korea, the Non-life Insurance Social Contribution Council has announced a major relief initiative, including the construction of temporary housing and financial donations....

Kathmandu – Nepal Insurance Company Limited has started issuing 34.783 percent right shares from today, aiming to meet the paid-up capital requirement set by the Insurance Authority. The company received approval from the Nepal Securities Board to issue a...

Kathmandu – Life Insurance Corporation (Nepal) Limited has recorded impressive business growth in the geographically remote provinces of Sudurpaschim and Karnali. Despite the regions’ challenging terrain and limited access, LIC Nepal’s agents have successfully expanded life insurance services to...

Kathmandu — Shanti Rai, a dedicated staff member at IME Life Insurance Company Limited’s Gathaghar branch in Bhaktapur, has earned the prestigious recognition of becoming the first Million Dollar Round Table (MDRT) member from her branch for the year...

Kathmandu – In a significant step toward strengthening Nepal’s healthcare system, Minister of Health Pradeep Poudel has unveiled key achievements from his first year in office, highlighting reforms and progress made in public health services and health insurance. At...

Kathmandu – Nepal Life Insurance Company has set a new benchmark in the fiscal year 2081/82 by achieving an all-time high in new business worth Rs 10 billion — the highest since its establishment over two decades ago. The...