Kathmandu – Sun Nepal Life Insurance Company Limited has extended its support to maternal health services by donating essential medical materials under its corporate social responsibility (CSR) initiative. The company’s Dhangadhi branch handed over wheelchairs and mattresses to the...

Kathmandu – National Capital Limited, a subsidiary of National Life Insurance, has officially received a merchant banking license from the Securities Board of Nepal (SEBON). The license was granted on Monday, paving the way for the company to expand...

Kathmandu – The Central Investigation Bureau (CIB) of Nepal Police has launched a formal investigation into a case involving forged documents and collusion between a government employee and a husband seeking to fraudulently claim insurance money in the name...

Kathmandu – The 18th Annual General Meeting (AGM) of Himalayan Life Insurance Limited concluded today at Amrapali Banquet, Naxal, Kathmandu, with the approval of key financial and operational agendas for the previous fiscal year. The meeting approved a proposal...

Kathmandu – NLG Insurance Company Limited is set to implement an inclusive insurance program in partnership with the United Nations Development Programme (UNDP). The initiative will be carried out under the Inclusive Insurance Innovation Challenge (IIC), a competition aimed...

Kathmandu – NLG Insurance Company Limited has called on its insured clients to complete their pending claim processes for claims submitted up to the end of Chaitra (up to mid-April). The company has announced that several claims remain unsettled...

Kathmandu – Rastriya Jeevan Beema Company has announced a special discount on late fees for the renewal of expired insurance policies. According to the company, a 50 percent discount on the late fee will be provided if the expired...

The aviation insurance market is bracing for a major shake-up in the aftermath of the catastrophic Air India crash in Ahmedabad, which claimed 241 lives. Industry insiders say the tragedy is expected to send airline insurance premiums soaring worldwide,...

Kathmandu – Siddhartha Premier Insurance Limited has announced the sale of 994,622 units of promoter shares belonging to one of its existing promoter shareholders. However, the company has not disclosed the name of the shareholder involved in the transaction....

Kathmandu – The Nepal Insurance Authority has ramped up regulatory oversight on 28 insurance companies following growing concerns over policy violations, especially among non-life insurers. The Authority has completed on-site supervision of 12 companies and plans to finish two...