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...


IME Life Earns 14.12% Profit Gain in Second Quarter

Kathmandu – IME Life Insurance Company Limited has published its second-quarter financial statements for the current fiscal year, reporting a 14.12% increase in net profit compared to the same period last fiscal year. The company’s net profit rose from...


Rena Rijal to Join United Ajod Insurance as Deputy CEO

Kathmandu – Rena Rijal is set to be appointed as the Deputy Chief Executive Officer (DCEO) of United Ajod Insurance Company. The position has been vacant for the past five months following the departure of former DCEO Naveen Subedi....


Majority of Insurance Companies Miss Deadline for Financial Statement Submission

Kathmandu – As the second week of the month of Magh draws to a close, the majority of Nepal’s insurance companies have failed to meet the regulatory deadline for submitting their financial statements. According to the Nepal Insurance Authority,...


Share Price of Neco Insurance Adjusted on NEPSE

Kathmandu – The share price of Neco Insurance Company has been adjusted on the Nepal Stock Exchange (NEPSE). The adjustment was made on Tuesday to account for the company’s 25 percent right share issuance. Following the adjustment, the share...


Non-Life Insurance Companies Collect Over Rs 21.30 Billion in Premiums Across Provinces

Kathmandu – Non-life insurance companies, including four micro-insurers, have collected over Rs 21.30 billion in insurance premiums by end of the Poush month, according to data released by the Nepal Insurance Authority. The premiums were generated from various policies,...


Crest Micro Life Insurance Issues IPO for Nepalese Employed Abroad

Kathmandu – Crest Micro Life Insurance Limited has opened the first phase of its Initial Public Offering (IPO) for Nepalese employed abroad from today, January 28. The company is issuing 2.25 million units, equivalent to 30 percent of its...