Kathmandu – General Insurance Association of Nepal (GIAN) has officially called on regulatory bodies to amend the rule that restricts company directors from trading shares during their tenure and for one year after leaving office, terming it impractical and...

Kathmandu – United Ajod Insurance Limited has announced a dividend proposal for its shareholders, subject to regulatory and shareholder approval. According to the company, a meeting of its Board of Directors held on Ashar 4 (June 18) decided to...

Kathmandu – Siddhartha Premier Insurance Limited has issued a public notice urging policyholders to collect their pending insurance claim payments. According to the company, insured individuals who have submitted claims but have not received payment by the end of...

Kathmandu – Reliable Nepal Life Insurance Limited has received an upgraded credit rating of ‘A Minus’ from CARE Ratings Nepal, marking a significant improvement from its previous rating of ‘Triple B Plus’. The upgraded rating reflects the company’s enhanced...

Kathmandu – National Life Insurance Company Limited successfully conducted its 37th Annual General Meeting (AGM) at its central office in Lazimpat today. The meeting was held under the chairmanship of the company’s Board of Directors Chairperson Prema Rajya Laxmi...

Kathmandu — The Government of Nepal has approved the acceptance of a Rs 50.51 billion soft loan from the World Bank to support key infrastructure development projects. The funding will be used to strengthen the strategic road network, upgrade...

Kathmandu — Rastriya Jeevan Beema Company Limited has announced the bonus rate for the fiscal year 2069/70. The company has maintained a bonus rate of Rs 55 per thousand sum assured per annum on all types of life insurance...

Kathmandu — Life Insurance Corporation (Nepal) Limited (LIC Nepal) has announced its 23rd Annual General Meeting (AGM), scheduled for Monday, Ashar 30 (July 14), at the Nepal Administrative Staff College, Jawalakhel, Lalitpur, starting at 11:45 AM. The decision to...

Kathmandu — Serious irregularities have surfaced in the management of life insurance premiums by the Citizens Investment Trust (CIT), raising concerns about financial transparency and accountability within the public investment system. An internal communication received by the Fund from...

Kathmandu — Sanima Reliance Life Insurance has successfully conducted a two-day skill development training program aimed at enhancing the professional capabilities of its insurance agents. The program was held at a resort in Bardiya on June 14 and 15,...