athmandu – The recent flooding triggered by continuous heavy rainfall has inflicted significant damage on the Rasuwagadhi Hydropower Project in Rasuwa district, with insurance companies facing difficulties in assessing the losses due to logistical disruptions. According to Naranath Neupane,...

Kathmandu — The domestic stock market witnessed a notable upswing on Wednesday, with the NEPSE index climbing by 23.99 points to settle at 2707.85 points. This fourth trading day of the week brought positive momentum across several sectors, with...

Kathmandu — Asian Life Insurance Company Limited has received a major credit boost as Infomerics Credit Rating Nepal Limited upgraded its issuer rating to Single A (Issuer) from the earlier Single A Minus (Issuer). The upgrade reflects the company’s...

Kathmandu – Prabhu Insurance Limited has announced the convening of its 29th Annual General Meeting (AGM), scheduled for Friday, 23rd Shrawan (August 8), at 11 a.m. The meeting will be held at Prabhu Complex, Tinkune, Kathmandu, as per the...

The global cyber insurance sector is projected to continue its stable growth trajectory in 2025, buoyed by rising SME demand, regulatory momentum, and technological innovation in underwriting, according to AM Best. Despite a softening market since 2023 due to...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has deposited its recently approved 8% bonus shares into the demat accounts of eligible shareholders. The decision was endorsed during the company’s 8th Annual General Meeting (AGM) held on 26th Jestha (June...

Kathmandu — Asian Life Insurance Company Limited has officially opened the sale of its 42 percent right shares starting today. The company is issuing a total of 14,279,312.48 units of right shares at a face value of Rs 100...

Kathmandu — The Nepal Insurance Authority has resolved 113 insurance-related complaints over the past 11 months of the current fiscal year, marking a decline in its complaint disposal rate compared to the previous year. The latest data, made public...

Kathmandu — The Nepal Insurance Authority has officially made public its policy and program for the upcoming fiscal year 2082/83, outlining a broad vision for enhancing the accessibility, transparency, and quality of insurance services across the country. During a...

Kathmandu — Chairman of the Nepal Insurance Authority, Sharad Ojha, has announced the annual policy and program for the upcoming fiscal year 2082/83, pledging its full implementation to bring transformative changes in the insurance sector. Unveiling the policy on...