Kathmandu — Today marks the final day for shareholders to secure eligibility for the upcoming right share issuance of Nepal Insurance Company Limited. As the company prepares book closure on Jestha 30 (June 13), only those investors who are...

Kathmandu — The International Monetary Fund (IMF) has approved a disbursement of $42.7 million (approximately Rs 5.84 billion) to Nepal under the sixth review of the Extended Credit Facility (ECF), signaling continued confidence in the country’s economic reform efforts....

Kathmandu – Endowment insurance policies have taken the lead in Nepal’s life insurance sector, contributing the largest share of premium collection, according to the latest data published by the Nepal Insurance Authority. As of the end of Baisakh (mid-May)...

Kathmandu – The Nepal Insurance Authority (NIA) organized a high-level interaction program on Tuesday in Kathmandu with chairpersons and board members of non-life insurance companies to address pressing issues in the insurance sector and chart a path toward institutional...

Kathmandu – Life insurance coverage in Nepal has reached an all-time high, with 47.39 percent of the population now under some form of life insurance protection, according to the latest data published by the Nepal Insurance Authority (NIA) as...

Kathmandu – IME Life Insurance Company has entered into a partnership with Meditech International Hospital and Research Center, Butwal, to provide special discounts on healthcare services to its policyholders, agents, and employees. Under this collaboration, individuals insured by IME...

Tokyo – Japan is preparing to introduce stricter entry regulations for foreign tourists, aiming to address the growing issue of unpaid medical bills left by visitors. The proposed measures may require travelers to provide proof of medical insurance prior...

Kathmandu – The Nepal Insurance Authority has agreed to amend the Insurance Regulations 2081 following sustained pressure from insurance agents who claimed the provisions undermined their profession. An agreement was reached on Saturday, Jestha 17 (May 31), between the...

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 140.35 billion in premiums from various policy types by end of Baisakh (mid-May) of the current fiscal year. The collection comes from the sale of all...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its eighth annual general meeting, during which shareholders approved the company’s annual report for the previous fiscal year and passed several important resolutions. The annual report revealed that some...