Sun Nepal Life Donates Rescue Equipment to Armed Police Force Halchowk

Kathmandu — As part of its corporate social responsibility (CSR) initiative, Sun Nepal Life Insurance Company has handed over essential rescue equipment to the Armed Police Force (APF) Halchowk. The handover took place during a formal program attended by...


Kaligandaki Rural Municipality Provides Free Health Insurance to All Residents

Kathmandu — Kaligandaki Rural Municipality in Syangja has taken a major step toward ensuring universal health coverage by providing free health insurance to all its residents. In the current fiscal year 2081/082, the municipality has paid a total of...


Sebantak Pokharel Appointed Acting Chairman of Nepal Insurance Authority

Kathmandu — The government has appointed Joint Secretary Sebantak Pokharel of the Ministry of Finance as the new acting Chairman of the Nepal Insurance Authority. The decision was made during a cabinet meeting held on Monday. According to a...


Sharad Ojha Suspended as Insurance Authority Chairman After Forgery Scandal

Kathmandu — Sharad Ojha, a former journalist who was controversially appointed as Chairman of the Nepal Insurance Authority, has been suspended after serving for only four months and 17 days. The Cabinet meeting on Monday formed an investigation committee,...


Asian Life Insurance Holds 17th AGM, Approves 5.10% Bonus Shares and Elects New Board

Kathmandu – Asian Life Insurance Company Limited successfully concluded its 17th Annual General Meeting (AGM) today at Hotel Ichchha in Simara, Bara. The meeting was held under the chairmanship of Deepak Kumar Shrestha, Chairman of the company’s Board of...


NIA Directs Insurers to Include All Premium Categories in Business Targets

Kathmandu – The Nepal Insurance Authority (NIA) has directed life insurance companies and micro life insurers to incorporate all premium categories—including first, renewal, and term life insurance premiums—when setting business targets for the upcoming fiscal year. In a circular...


Life Insurance Corporation Nepal Concludes 23rd AGM, Approves 10% Bonus Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited successfully concluded its 23rd Annual General Meeting (AGM) at the Nepal Administrative Training Institute in Jawalakhel, Lalitpur. During the meeting, shareholders approved the company’s proposal to distribute a 10 percent bonus share...


United Ajod Insurance Concludes 31st AGM, Approves Dividend and Capital Plans

Kathmandu – United Ajod Insurance Limited has successfully concluded its 31st Annual General Meeting (AGM) at Amrapali Banquet Catering and Event Pvt. Ltd., Bhatbhateni, Kathmandu. The AGM approved a proposal to distribute 10 percent bonus shares worth Rs. 210...


Sanima Reliance Life Puts Promoter Shares Up for Sale

Kathmandu – Sanima Reliance Life Insurance Company Limited has announced the sale of 1,647,584 units of promoter shares owned by its current promoter shareholders. The sale comes following a decision made during the company’s board of directors meeting held...


Air India Crash: Victims to Receive Compensation Regardless of Fault

Ahmedabad — All passengers affected by the recent Air India plane crash in Ahmedabad are entitled to receive compensation, regardless of who was at fault for the incident. The London-bound flight, which was carrying 242 passengers, crashed moments after...