Last Day to Secure Citizen Life Insurance’s Dividend

Kathmandu – Citizen Life Insurance Company Limited is set to close its books on March 12 for the purposes of its annual general meeting (AGM) and dividend distribution. As a result, only shareholders listed until today will be eligible...


Sanima GIC Insurance to Hold 7th AGM, Proposes Bonus Shares and Dividends

Kathmandu – Sanima GIC Insurance Limited has scheduled its seventh annual general meeting (AGM) for April 3 at Amritbhog, Kalikasthan, Kathmandu. The meeting will begin at 11 a.m., following a decision made by the company’s board of directors during...


Nepal Insurance to Hold 76th AGM, Proposes 15% Bonus Share Distribution

Kathmandu – Nepal Insurance Company Limited has announced its 76th Annual General Meeting (AGM) for April 1 at 11 a.m. The meeting will be held at Nepal Pragya Pratishthan, Kamaladi, Kathmandu. The decision was made during a board of...


Dr. Raghuraj Kafle Appointed Executive Director of Health Insurance Board

Kathmandu – The government has appointed Dr. Raghuraj Kafle as the new Executive Director of the Health Insurance Board. The decision was made during a Council of Ministers meeting held on Monday evening. Kafle, a resident of Vyas-5, Tanahun,...


National Dialogue on Child Rights Amid Nepal’s Post-LDC Transition

Kathmandu, As Nepal prepares to graduate from the Least Developed Country (LDC) category, concerns over child rights and advocacy have taken center stage. Consortium Nepal organized the “National Civil Society Dialogue on Prioritizing Children’s Issues in Nepal’s Post-LDC Strategy...


Insurance Fraud Attempt: Man Arrested for Setting Fire to His Own Shop

Kathmandu – A man involved in deliberately setting fire to his own shop with the intention of deceiving an insurance company and claiming compensation has been arrested by the police. Ramesh Sharma Lohar, a 28-year-old from Jagarnathpur Rural Municipality...


Insurance Catastrophe Declared for Tropical Cyclone Alfred in Australia

Insurance Council of Australia Sydney – The Insurance Council of Australia (ICA) has declared an Insurance Catastrophe for the southeast Queensland and northern New South Wales regions following the impact of Tropical Cyclone Alfred and subsequent storms since Friday,...


Commercial Banks Earn Rs 36.67 Billion in Net Profit in First Seven Months

Kathmandu – The 20 commercial banks currently operating in Nepal have collectively earned a profit of Rs 36.67 billion in the first seven months(mid-July to mid-February) of the current financial year. This marks a 1.62% increase compared to the...


Prabhu Insurance Requests Insured to Submit Pending Claim Documents

Kathmandu – Prabhu Insurance Limited has requested insured clients to submit any missing documents related to their claim applications made till the end of the Magh month (mid-February) of the current financial year to facilitate claim payments. According to...


Last Day to Apply for Crest Micro Life Insurance IPO

Kathmandu — Today marks the final day to apply for the initial public offering (IPO) of Crest Micro Life Insurance Limited, which opened on March 6. The company had received approval from the Securities Board of Nepal to issue...