Kathmandu – Shikhar Insurance Company has emerged as a leader in Nepal’s non-life insurance sector, showcasing significant investments across diverse financial instruments. According to data released by the Nepal Insurance Authority, the company has prioritized investments in Class A...

Kathmandu – Nepal’s life insurance sector has demonstrated remarkable growth, accumulating a total premium of Rs 65.74 billion in the first five months of the current fiscal year, according to the Nepal Insurance Authority’s latest data. Nepal Life Insurance...

Kathmandu – A recent revelation by Beemapost has exposed a shocking multi-million rupee accounting scandal at the Rastriya Beema Company, prompting serious ethical questions regarding the effectiveness of Nepal’s insurance regulatory framework. Despite frequent inspections by the Regulatory Insurance...

Kathmandu – National Life Insurance Company Limited’s flagship insurance plan, Amrit Barsaha Money Back Policy (Advance Payment), has emerged as one of the company’s best-selling policies, attracting citizens from various walks of life. Established in 2044 BS, the company...

Kathmandu – SuryaJyoti Life Insurance Company Limited has deposited the 20 percent cash dividend, approved during its general meeting on December 21, into the accounts of its shareholders. This includes the necessary tax deductions. The company had earlier announced...

Kathmandu – Nepal Life Insurance Company (Nepal Life), a dominant player in Nepal’s life insurance industry, continues to solidify its leading position not only commercially but also financially. With a robust paid-up capital of Rs 8.2 billion, the company...

Kathmandu – Met Life Insurance Company has unveiled its new bonus rates for the fiscal year 2080/81, effective for all insurance policies that will participate in profits according to the actuarial valuation. The newly announced bonus rates will apply...

Kathmandu – Devraj Dhungana, Chairperson of Nepal Reinsurance Company, has been appointed as the Executive Director of the Security Printing Center by the Government of Nepal. Despite his new role, Dhungana will continue to serve as Chairperson of Nepal...

Kathmandu – The Nepal Non-Life Insurance Association has urged the Securities Board of Nepal (SEBON) to amend a provision that prohibits corporate directors from selling their shares for one year after resigning from their positions. The association claims that...

Kathmandu – Sun Nepal Life Insurance Company recently held a special program at the Avocado and Orchid Resort in Hetauda to honor its marketing managers for their exceptional contributions to the company’s growth. The event celebrated the achievements of...