Insurance Companies Delay Payment of Claims from Floods and Landslides

Kathmandu – Out of the total insurance claims amounting to Rs 12.78 billion from the devastating floods and landslides triggered by incessant rains in last September 2024, non-life insurance companies have paid only Rs 2.5 billion so far. This...


Citizen Life Insurance Selects 13 Top Agents for ‘Diamond Club’

Kathmandu – Citizen Life Insurance has announced the selection of 13 outstanding agents for its prestigious ‘Diamond Club’ for the fiscal year 2080/81. The agents qualified for this honor by achieving the required business target of Rs. 27 lakh...


Nepal Insurers Association Congratulates Sushil Dev Subedi on Appointment as Executive Director

Kathmandu – The Nepal Insurers Association has extended its congratulations to Sushil Dev Subedi on being recommended as the new Executive Director of the Nepal Insurance Authority. The association expressed its best wishes for his successful tenure. On Thursday,...


Rastriya Beema Company Conducts Basic Training for Agricultural Insurance Agents

Kathmandu – Rastriya Beema Company successfully completed a four-day basic training program aimed at preparing agents for agriculture, livestock, and herbal insurance. The training, organized by the company’s central office, took place from February 2 to 5 at Alpha...


IGI Prudential Insurance Announces Dividend for Shareholders

Kathmandu – IGI Prudential Insurance Limited has announced a dividend for its shareholders from the profits of the last fiscal year. The decision was made during the company’s board of directors meeting held on February 5, 2025. The board...


Life Insurance Companies in Nepal Invest Over Rs 700 Billion in Various Sectors

Kathmandu – Life insurance companies operating in Nepal have collectively invested more than Rs 700 billion in various sectors during the second quarter of the current fiscal year, according to the Nepal Insurance Authority. The 14 life insurance companies...


Last Day to Secure Dividend from Himalayan Life Insurance

Kathmandu – Himalayan Life Insurance has announced that today is the final day for shareholders to secure their eligibility for the proposed dividend. The company will close its books tomorrow, February 7, for the purpose of dividend distribution. Shareholders...


Siddhartha Premier Insurance to Hold AGM on February 27

Kathmandu – Siddhartha Premier Insurance Limited has announced its 31st Annual General Meeting (AGM), scheduled for Thursday, February 27. The meeting will take place at Lisara Reception, Naxal, Kathmandu, starting at 10:30 AM. During the AGM, the company will...


Himalayan Life Insurance Reports 8.73% Growth in Net Profit

Kathmandu – Himalayan Life Insurance Limited has published its financial statements for the second quarter of the current fiscal year, revealing an 8.73% growth in net profit compared to the same period last year. The company’s net profit rose...


Sun Nepal Life Insurance Provides NPR 500,000 to Samata Foundation

Kathmandu – Sun Nepal Life Insurance Company Limited has extended financial support of NPR 500,000 to Samata Foundation as part of its corporate social responsibility (CSR) initiative. The financial assistance will be directed toward the education of students associated...