New Delhi – The Government of India has appointed Ajay Seth, former Finance Secretary and a seasoned bureaucrat from the 1987 batch of the Indian Administrative Service (IAS), as the new Chairman of the Insurance Regulatory and Development Authority...

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has announced the sale of 45,340 units of promoter shares, following the directive of the Nepal Insurance Authority. The sale includes 44,550 units in the name of promoter shareholder Umesh Lal...

Kathmandu — National Life Insurance Company’s Dhangadhi branch has settled a death claim of nearly Rs 3 million to the family of the late Dambar Bahadur Chhetri, a resident of Punarbas Municipality-6, Kanchanpur. The company handed over a cheque...

Kathmandu — In a significant achievement that reflects the growing leadership of women in Nepal’s insurance sector, three female agents of IME Life Insurance Company have topped the company’s business chart for the fiscal year 2081/82. Laxmi Ghimire of...

Kathmandu – Radha Pokharel, a female director at the Nepal Insurance Authority, has stepped down from her position just five months after her appointment. The Authority confirmed that her resignation, submitted last week, has been officially accepted. Speaking to...

Kathmandu – A leading life insurance company has opened vacancies for several key positions, inviting applications from qualified and motivated candidates. The company is seeking Province Heads (few positions) responsible for overseeing provincial operations, achieving business targets, and managing agent networks....

Kathmandu — Himalayan Life Insurance Company has recognized three of its most outstanding agents for their exceptional performance in the fiscal year 2081/82. Demonstrating dedication, strategy, and remarkable outreach, Bimal Dhakal, Rabindra Timilsina, and Surya Prasad Baral have emerged...

Kathmandu — Sun Nepal Life Insurance Company Limited has successfully allotted the unclaimed right shares that were placed on auction from Ashar 23 to Ashar 30 (July 7 to 16). The allotment of these shares, conducted through a sealed...

Kathmandu — Serious questions have emerged over the state of governance at the government-owned Rastriya Beema Company, as the Insurance Authority appears unable to take regulatory action due to direct interference and inaction from the Ministry of Finance, led...

Kathmandu — As Nepal Life Insurance Company approaches its 25th anniversary, it has added a prestigious recognition to its legacy by winning the Best Annual Report Award 2024, presented by the Institute of Chartered Accountants of Nepal (ICAN). The...