Myanmar’s recent 7.7 magnitude earthquake has left the nation reeling, with over 1,600 fatalities, thousands injured, and entire communities devastated. The tremors were felt as far as Bangkok, Thailand, leading to building collapses and widespread panic. The destruction is...

Bangkok (The Nation Thailand) – The Thai insurance sector is assessing damages exceeding one billion baht following the collapse of a partially constructed State Audit Office (SAO) building due to the recent earthquake that struck Myanmar on March 28,...

Kathmandu – Ram Kumari Adhikari has been elected as the president of the Professional Insurance Agents Association Nepal Insurance Committee LIC (Nepal). The election took place during the association’s fourth convention held in Janakpur Dham, Madhesh Province, on Saturday....

Kathmandu – Deputy Director Birod Bhatta, who has been serving in the Grievance Handling Branch of the Nepal Insurance Authority for the past five years, has been transferred to the Lagal Branch. The transfer follows recent promotions within the...

Kathmandu – Citizen Life Insurance Company Limited has contributed Rs. 500,000 towards the construction of Kathmandu Children’s Hospital. This initiative is part of the company’s commitment to corporate social responsibility. Citizen Life Insurance has been actively involved in various...

Kathmandu — IGI Prudential Insurance Limited has announced the auction of 80,000 units of promoter shares. The shares are open for bidding to the general public at a minimum price of Rs 185 per share. Interested buyers are required...

Singapore (CNA) — An online tool designed to help Singaporeans compare health insurance premiums and plans across different providers. The new Health Insurance Planner (HIP) also aims to help users better understand the long-term MediSave and cash expenses required...

Kathmandu — Neco Insurance Limited has announced the auction of 600,000 units of promoter shares, open for purchase by the general public. The minimum price for each share has been set at Rs 260. Interested buyers must apply to...

Kathmandu — Neco Insurance Limited has called on policyholders to settle their insurance claims up to end of Falgun month of the current fiscal year 2081/82. The company has warned that the payment process has been halted due to...

Kathmandu — Life insurance companies in Nepal issued 419,000 new insurance policies in the month of Falgun, but the number of active policies saw a decline compared to the previous month. According to data from the Insurance Authority, the...