Kathmandu – The Securities Board of Nepal (SEBON) is in the final stages of approving the rights issuance of several insurance companies which is worth over Rs 6.3 billion. As per the Nepal Insurance Authority’s directive to increase paid-up...

Kathmandu – The IPO allotment of Nepal Micro Life Insurance Company, originally scheduled for March 6, has been postponed to 7th March, 2025. The allotment process will take place at NIMB Ace Capital Limited, Lazimpat. A total of 1,84,500...

Kathmandu – Nepal Life Insurance Company Limited is set to resume the postponed director election for general shareholders (Group B) on March 15. The election was initially scheduled during the company’s 25th Annual General Meeting (AGM) on February 10...

Kathmandu – Nepal Rastra Bank (NRB) has revised the Unified Directive on Payment System, 2080, introducing new provisions to strengthen digital payment security. The Payment System Department has issued guidelines for licensed institutions to comply with the updated regulations....

Kathmandu – Crest Micro Life Insurance Limited has officially opened its Initial Public Offering (IPO) to the general public starting today. The Nepal Securities Board had approved the issuance of 2.25 million shares at a face value of Rs...

Kathmandu – Insurance agents across Nepal are preparing for protests against the recently approved Insurance Regulation 2081, claiming it curtails their rights. The regulation, passed by the Cabinet on January 11, imposes additional financial burdens on agents, including the...

Kathmandu – Life often takes unexpected turns, and for Srijana Shrestha, the journey into the insurance sector was no different. Overcoming numerous challenges, she has established herself as a leading agency manager at Citizen Life Insurance, setting an inspiring...

Kathmandu – The Oriental Insurance Company Limited has provided Rs 1 million in financial support under its corporate social responsibility initiative. The amount has been donated to the Self Help Group for Cerebral Palsy, Lalitpur, a social organization dedicated...

Kathmandu – The Supreme Court has ruled against Chaudhary Group (CG) in its Rs 580 million insurance claim case related to a fire at CG Electronics Pvt. Ltd. in Satungal. The verdict upholds previous decisions by the Insurance Authority...

Kathmandu – Sanima Reliance Life Insurance Limited has requested its shareholders to pay the tax on bonus shares approved during its general meeting on October 9, 2024. The company had decided to distribute 18.3811 percent bonus shares based on...