Kathmandu – Non-life insurance companies have paid a total of Rs 3.56 billion in claims following the damage caused by the floods and landslides that occurred last September. According to the Nepal Insurance Authority, the claims were settled by...

Kathmandu – The Professional Insurance Agents Association of Nepal Insurer National Life Insurance’s Nepalgunj branch has formed a new branch committee through a large gathering of agents. The event marked with a significant step in strengthening the association’s presence...

Kathmandu – IGI Prudential Insurance Limited successfully held its 27th Annual General Meeting (AGM) today at Amrapali Banquet in Naxal, Kathmandu. The meeting addressed key financial decisions and operational matters. The AGM approved the distribution of a 9.7368% cash...

Kathmandu – IME Life Insurance Company successfully concluded its 8th Annual General Meeting (AGM) today at Diyo Mahal in Dhumbarahi, Kathmandu. The meeting addressed key financial and operational matters, including dividend distribution, financial statements, and board authorizations. The AGM...

Kathmandu – Nepal Insurance Company Limited has announced the distribution of dividends to its shareholders following a recent board meeting. The Board of Directors, in a meeting held on March 8, decided to distribute 15% bonus shares and a...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has urged insured individuals to complete the process for receiving their claim payments for claims which were made till the end of Poush month (mid-January). According to the company, the claim...

Kathmandu – Today marks the last opportunity for shareholders of Sanima Reliance Life Insurance Limited to secure the proposed dividend. The company will close its books tomorrow (March 10) for the purpose of its eighth annual general meeting (AGM)...

Kathmandu – Durga Devi Kshetri (KC), a prominent figure in Nepal’s insurance sector, has made remarkable strides in her career within a short period. Currently serving as an Agency Manager at the Maharajgunj branch of Citizen Life Insurance, Kshetri...

Kathmandu – The initial public offering (IPO) of Nepal Micro Insurance Company has been allotted today, Friday. The allotment process was completed at the office of NIMB Ace Capital Limited, the issue manager for the company. A total of...

Beijing (Reuters) – Tesla is introducing an insurance subsidy for its Model 3 buyers in China as it grapples with slowing global sales and increasing competition in key markets. The U.S.-based electric vehicle (EV) manufacturer announced that customers who...