Kathmandu – The Nepal Stock Exchange (NEPSE) index recorded a gain of 3.35 points on the second trading day of the week, closing at 2,758.75 points. The total turnover for the day reached Rs 11.8 billion, reflecting active participation...
Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance fees amounting to Rs 24.27 billion in the first seven months of the current fiscal year 2081/82. According to data released by the Nepal Insurance Authority, 14 non-life...
Life Insurance International China has emerged as the global leader in electric vehicle (EV) insurance adoption, significantly outpacing other markets, according to GlobalData’s 2024 Emerging Trends Insurance Consumer Survey. The study, which gathered data from multiple countries, reveals that...
Kathmandu – The Nepal Insurance Authority has introduced new monetary loss insurance guidelines to regulate the protection of cash, cash-related equipment, and security measures within financial institutions and during transportation. The directive aims to ensure comprehensive risk coverage for...
Kathmandu – Citizen Life Insurance successfully concluded its ‘Citizen Life MDRT 2025’ program in Chitwan, celebrating agents who achieved the prestigious MDRT and COT targets for 2025. The event, held at Siraichuli Hotel, was marked by enthusiasm and recognition....
Kathmandu – The Nepal Insurance Authority has initiated a study to investigate the growing trend of insurance policy surrenders in the country. In response to the increasing rate of policy abandonment, the Authority has formed a study team comprising...
Kathmandu – Nepal Micro Insurance’s initial public offering (IPO), which opened for public subscription on February 23, has already attracted applications worth approximately Rs 500 million on its first day. According to CDS and Clearing, a total of 376,589...
Kathmandu – Himalayan Life Insurance Limited successfully conducted its 17th Annual General Meeting (AGM) on Sunday at Anupam Foodland and Banquet, Battisputli, Kathmandu. The meeting, which commenced at 10:30 AM, saw the passage of key financial resolutions, including the...
Kathmandu – Nepal Micro Insurance has opened its Initial Public Offering (IPO) for the general public starting today. The company is issuing 1.84 million shares worth NPR 184.5 million as part of its IPO process. Earlier, the company had...
Kathmandu – The Professional Insurance Agents Association Nepal has strongly opposed the newly issued Insurance Regulations, arguing that they curtail the rights of insurance agents and discourage their profession. The association held a press conference in Kathmandu on February...