Kathmandu. Prabhu Insurance Limited has decided to provide dividend to the shareholders from last year’s distributable profit. The meeting of the board of directors held on 20th of Falgun, 2080 B.S of the company took this decision. The company...

Kathmandu: Nepal Insurance Authority has released the National Insurance Policy. The insurance authority has included the topics related to the insurance policy in this policy. The Insurance Authority has mentioned that this policy will be a guideline for the...

Kathmandu : Shahbaz Sharif has been elected as the Prime Minister of Pakistan after the recently concluded elections. With the formation of a new government under the leadership of Sharif, Pakistan has moved forward with a new political scenario....

Kathmandu: The insurance penetration rate has decreased. It has been shown by the data published by the Nepal Insurance Authority up to the mid of February 2024 A.D (end of Magh of 2080 B.S). Compared to last year, the...

Kathmandu : Santosh Prasai has been appointed as the Chief Executive Officer (CEO) of Prabhu Mahalaxmi Life. The board has decided to appoint him to the post which fell vacant after the former CEO of the company, Ramesh Kumar...

Kathmandu : On the last trading day of the week i.e 29 February, 2024 A.D (17th of Falgun, 2080 B.S), the stock market fell by double digits. Along with the fall in stock market, the share price of 220...

Kathmandu : Life Insurance Corporation (Nepal) Limited i.e. Chabahil branch of LIC has paid the claim amount to its insured. The company has paid a claim amount of worth 2 million 220 thousand Rupees to the dependent family of...

Kathmandu : Asian Life Insurance Company Limited has completed its 16th annual general meeting. The general meeting passed a resolution regarding the distribution of 7.75 percent bonus shares of the company’s current paid-up capital and 0.4078 percent cash dividend...

Kathmandu : In the 7 months of the current fiscal year, there has been a decline in the insurance business of non-life insurance companies. Statistics show that the insurance business of the top 6 companies has declined this year...

Kathmandu : Non- life Insurance Companies have earned a total insurance premium of 22 billion 462 million 800 thousand Rupees in 7 months of the current fiscal year 2023/024 A.D, (2079/80). Motor insurance covers a large portion of the...