Kathmandu – Life insurance companies in Nepal have reported a sharp rise in total expenses, with the 14 life insurers currently in operation spending a combined Rs 233.9 billion in the last fiscal year (FY). This marks a 12.86...

Kathmandu – A three-member recommendation committee has been formed to select the new chairman of the Nepal Insurance Authority (NIA). The committee was constituted by a decision of the Council of Ministers on Bhadra 9 (August 25). The panel...

Kathmandu – Hospitals across the country are grappling with serious financial and managerial challenges due to the Health Insurance Board’s failure to release payments on time. More than half of the hospitals under the program are now facing operational...

Kathmandu – Customers, agents, and employees of IME Life Insurance Company will now receive discounts on healthcare services at Grande Hospital under a new partnership agreement between the two institutions. As per the agreement, insured persons of IME Life,...

Kathmandu – The Nepal Stock Exchange (NEPSE) closed lower on the last trading day of the week, with the benchmark index falling by 38.10 points to settle at 2,782 points. Out of the total listed companies, share prices of...

Kathmandu – A tragic road accident in Dolakha has claimed the life of Siddhartha Premier Insurance’s Dolakha branch in-charge, Shirish Basnet, along with another youth. The incident occurred on Bhadra 11 at Ramite Danda, Bhimeshwor Municipality-6, when two motorcycles...

Kathmandu – The 14 life insurance companies operating in Nepal earned a combined income of Rs 250.53 billion in the fiscal year 2081/82, reflecting a 12.01 percent growth compared to the previous year. According to the companies’ published financial...

Kathmandu – Neco Insurance Limited has announced that it will be conducting a non-life insurance agent training program from Bhadra 22 to 24 (September 7 to 9). According to the public notice issued by the company, the training sessions...

Kathmandu – Rastriya Jeevan Beema Company Limited has announced that it will be conducting agent training programs in Narayangadh and Itahari. According to the public notice issued by the company, the training in Narayangadh will take place from Bhadra...

Kathmandu – Nepal’s insurance sector has increasingly become an attractive employment destination, with more than 12,000 employees receiving service facilities annually. According to the financial statements of the last fiscal year, a total of 12,251 employees working in life...