NEPSE Gains 4.19 Points Admist Insurance Sector Slump

Kathmandu – The overall stock market saw a modest gain this week, with the NEPSE index rising by 4.19 points to 2630.71. The insurance sector experienced a significant downturn as the total of 19 insurance companies witnessed sharp declines...


Rastriya Beema Company Faces Allegations of Corruption in Software Procurement

Kathmandu – Rastriya Beema Company has come under scrutiny over allegations of corruption and irregularities in the procurement process of core insurance software. The company is reportedly in the final stages of purchasing the software from Arihant, a firm...


MicroInsurance Companies Collect Over Rs 400 Million Insurance Premium in Five Months

Kathmandu – Life microinsurance companies in Nepal have earned approximately Rs 405 million in insurance premiums during the first five months of the current fiscal year 2081/82, according to data released by the Insurance Authority. The three microinsurance companies...


SEBON to Approve Rights Shares Worth Over Rs 6.3 Billion for Insurance Companies

Kathmandu – The Securities Board of Nepal (SEBON) is on track to approve rights shares worth over Rs 6.3 billion for seven insurance companies. This move comes as part of the Nepal Insurance Authority’s directive to increase the paid-up...


NLG Insurance Company Invests Rs 2.88 Billion Across Banking and Financial Sectors

Kathmandu – NLG Insurance Company Limited has invested a total of Rs 2.88 billion in various sectors by the end of the first quarter of the current fiscal year 2081/82, according to data published by the Nepal Insurance Authority....


Foreign Employment Insurance Generates Rs 1.18 Billion in Premiums in Five Months

Kathmandu – Life insurance companies in Nepal have collected a total of Rs 1.18 billion in premiums through foreign employment insurance policies in the first five months of the current fiscal year, according to data released by the Nepal...


Life Insurance Companies Earn Rs 12.34 Billion Insurance Premiums in Mangsir

Kathmandu – Life insurance companies in Nepal have collectively earned an insurance premium of Rs 12.34 billion during the month of Mangsir, according to data released by the Nepal Insurance Authority. The report highlights the contributions of 14 life...


Life Insurance Companies Collect Over Rs 52 Billion in Renewal Premiums in Five Months

Kathmandu – Life insurance companies in Nepal have earned Rs 52.81 billion in renewal insurance premiums in the first five months of the current fiscal year 2081/082. This represents a 2.58% increase compared to Rs 50.77 billion collected during...


Life Insurance Companies Earn Rs 65.74 Billion in Premiums, Marking 6.47% Growth

Kathmandu – Nepal’s life insurance sector has recorded a total insurance premium income of Rs 65.74 billion by the end of Mangsir (Mid-December) in the current fiscal year, reflecting a 6.47% growth compared to Rs 61.74 billion collected in...


Life Insurance Companies Collect Rs 12.47 Billion in First Premiums in Five Months

Kathmandu: Nepal’s life insurance sector has demonstrated significant growth, with 14 life insurance companies collectively amassing Rs 12.47 billion in first insurance premiums in the first five months of the current fiscal year. According to data released by the...