Kathmandu — Outstanding insurance claims of non-life insurance companies in Nepal have surged sharply, with the total pending amount exceeding Rs 30 billion, according to the Nepal Insurance Authority. By the end of Baisakh in the current fiscal year,...

Kathmandu- Sanima Reliance Life Insurance Limited has announced the open sale of 249,773 units of promoter shares to the general public, including promoter shareholders. Initially, the company had offered these shares exclusively to its existing promoter shareholders. However, after...

Kathmandu – Rastriya Jeevan Beema Company, a government-owned entity, has unveiled a new endorsement insurance policy — the ‘Children’s Educational Plan’ — aimed at securing the educational future of children across Nepal. The launch took place during a formal...

Kathmandu – The right shares of Neco Insurance Company Limited have been officially listed on the Nepal Stock Exchange (NEPSE). The listing took place on Thursday, paving the way for secondary market trading to commence from Sunday. A total...

Mumbai (ET) — The recent crash of an Air India Boeing 787 Dreamliner near Ahmedabad is expected to result in India’s largest aviation insurance payout in Indian history, with total claims projected to surpass $120 million. The tragic incident,...

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share price of Nepal Insurance Company Limited following the issuance of its right shares. The adjustment was carried out on Thursday, reflecting the 34.7826087 percent right shares issued by...

Kathmandu – IME Life Insurance Company Limited has entered into a partnership with Mediciti Hospital to offer special healthcare discounts to its policyholders, agents, and employees. Under the new agreement, IME Life policyholders will receive exclusive concessions on health...

Kathmandu — The Nepal Insurance Authority (NIA) convened a high-level discussion with the chairpersons and directors of life insurance companies operating in Nepal, emphasizing the need for stronger governance, accountability, and proactive leadership in the sector. The interaction, held...

Kathmandu – Along with employee dissatisfaction mounting and attrition on the rise, the Nepal Insurance Authority has submitted a proposal to the Ministry of Finance seeking up to a 90 percent increase in service-related benefits for its staff. The...

Kathmandu – NLG Insurance Company Limited successfully concluded its 19th Annual General Meeting (AGM) today at Amrapali Banquet, Baluwatar, Kathmandu. The meeting was held under the chairmanship of Mr. Bimal Prasad Wagle, Chairman of the Board of Directors. During...