Kathmandu — United Ajod Insurance Limited has announced that its 31st Annual General Meeting (AGM) will take place on Monday, Ashar 30 (July 14). The meeting is scheduled to begin at 10:30 AM at Amrapali Banquet Catering and Event...

Kathmandu — A growing number of insurance companies in Nepal have yet to hold their annual general meetings (AGMs), leaving shareholders waiting for financial updates and returns. Even as the current fiscal year nears its end, nine companies are...

Kathmandu — The government has initiated formal steps to make health insurance mandatory for Nepali citizens traveling abroad for employment. Although the Health Insurance Act, 2074 had already included a provision under Section 3 requiring public servants and the...

Kathmandu — Nepal Insurance Authority (NIA) Chairman Sharad Ojha has instructed all insurance companies to strengthen their internal mechanisms to combat money laundering and enhance financial transparency in the insurance sector. Speaking at a capacity-building program organized by the...

Kathmandu — Anju Shrestha, Chief Executive Officer of Himalayan Everest Insurance, has been honored with the prestigious Women Tabloid Award 2025 under the category of Best Female CEO in Strategic Leadership. The award recognizes her exemplary leadership and outstanding...

Kathmandu — Himalayan Life Insurance Limited is set to convene its eighteenth annual general meeting (AGM) on Ashar 10, 2082 (June 24, 2025). The meeting will begin at 10:30 AM at Amrapali Banquet, Naxal, as per the decision made...

Kathmandu — In a move aimed at bridging the gap between healthcare services and financial protection, Prabhu Mahalaxmi Life Insurance Company Limited and Chirayu National Hospital and Medical Institute have signed a strategic partnership agreement. The agreement was officially...

Kathmandu — Shamsher Parajuli has been appointed as the director of Prabhu Mahalaxmi Life Insurance Company Limited. The appointment was made during the company’s board of directors meeting held on Ashar 20 (July 4). Parajuli will represent the general...

Kathmandu – Asian Life Insurance Company Limited is set to issue 42 percent right shares to its existing shareholders starting from Ashar 25 (July 9). The company has received final approval from the Securities Board of Nepal (SEBON) to...

Kathmandu – Nepal’s banking sector is grappling with a sharp increase in non-performing loans (NPL), with the ratio climbing to 5.24 percent by mid-May 2025—up from 3.98 percent during the same period last year. Data published by Nepal Rastra...