Kathmandu – Rastriya Jeevan Beema Company has announced a special discount on late fees for the renewal of expired insurance policies. According to the company, a 50 percent discount on the late fee will be provided if the expired...

The aviation insurance market is bracing for a major shake-up in the aftermath of the catastrophic Air India crash in Ahmedabad, which claimed 241 lives. Industry insiders say the tragedy is expected to send airline insurance premiums soaring worldwide,...

Kathmandu – Siddhartha Premier Insurance Limited has announced the sale of 994,622 units of promoter shares belonging to one of its existing promoter shareholders. However, the company has not disclosed the name of the shareholder involved in the transaction....

Kathmandu – The Nepal Insurance Authority has ramped up regulatory oversight on 28 insurance companies following growing concerns over policy violations, especially among non-life insurers. The Authority has completed on-site supervision of 12 companies and plans to finish two...

Kathmandu — Himalayan Life Insurance Company Limited has announced a special discount scheme on the renewal of expired life insurance policies, including those issued by the former Prime Life, Union Life, and Gurans Life Insurance. According to the company,...

Kathmandu – Prabhu Insurance Limited has announced plans to distribute dividends to its shareholders, pending regulatory and shareholder approval. According to the decision made at the company’s board of directors meeting held on Ashar 8 (June 22), Prabhu Insurance...

Kathmandu – Asian Life Insurance Company Limited has announced it will hold its 17th Annual General Meeting (AGM) on Monday, Ashar 30 (July 14). The decision was made during a recent board meeting. The AGM is scheduled to take...

Kathmandu — United Ajod Insurance Limited has announced that its 31st Annual General Meeting (AGM) will take place on Monday, Ashar 30 (July 14). The meeting is scheduled to begin at 10:30 AM at Amrapali Banquet Catering and Event...

Kathmandu — A growing number of insurance companies in Nepal have yet to hold their annual general meetings (AGMs), leaving shareholders waiting for financial updates and returns. Even as the current fiscal year nears its end, nine companies are...

Kathmandu — The government has initiated formal steps to make health insurance mandatory for Nepali citizens traveling abroad for employment. Although the Health Insurance Act, 2074 had already included a provision under Section 3 requiring public servants and the...