Kathmandu – Insurance companies operating in Nepal have collectively spent over Rs 5.6 billion on employee benefits, including salaries and allowances, up to the end of the current financial year. According to the second-quarter financial reports published by these...

Kathmandu – Citizen Life Insurance limited has announced dividend distribution for its shareholders. The company’s board of directors, in a meeting held on February 20, decided to distribute a 26.98% bonus share and a 1.42% cash dividend (for tax...

Kathmandu – Kabi Phuyal has officially resumed his position as Senior Deputy Chief Executive Officer (Senior Deputy CEO) of Sun Nepal Life Insurance Company. Phuyal assumed office on February 20 at the company’s central office, marking his return to...

Kathmandu – NLG Insurance Company Limited has successfully distributed shares that were offered for purchase through an auction process held from February 2 to February 9. The company had placed 320,533.22 remaining shares for auction, and after evaluating the...

Kathmandu – Sanima Reliance Life Insurance Limited has published its latest bonus rates for policyholders based on the actuarial evaluation of the last financial year. The company has set bonus rates ranging from a minimum of NPR 19 to...

Kathmandu – The leadership of Nepal Reinsurance Company is under scrutiny following revelations that its chairman, CEO, and board members submitted a proposal to the Nepal Insurance Authority that could negatively impact their own company. Nepal Reinsurance Company, which...

Kathmandu – The implementation of a new regulatory framework by the Nepal Insurance Authority has raised concerns about its impact on government-invested companies, particularly Nepal Reinsurance Company. The decision to introduce the Foreign Employment Insurance Pool has drawn criticism...

Kathmandu – Neco Insurance Limited has officially opened the sale of its rights shares from today ( February 20), offering 25% of its paid-up capital to eligible shareholders. The rights shares are priced at Rs. 100 per share. The...

Kathmandu – Crest Micro Life Insurance Limited is set to open its Initial Public Offering (IPO) for the general public from March 6, 2025. After issuing shares to Nepalese working abroad, company employees, and the collective investment fund, the...

Kathmandu – National Life Insurance Company has honored Bimal Neupane for achieving the ‘Top of the Table’ (TOT) target set by the Million Dollar Round Table (MDRT), marking a historic first for the company. In a grand ceremony held...