Kathmandu — Sanima Reliance Life Insurance Limited has announced the sale of 177,875 units of promoter shares, exclusively for the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit their applications to the central office...

Kathmandu — Commercial banks in Nepal have collectively earned over Rs 41 billion in profit in the first nine months of the current fiscal year 2081/82, showing a slight growth compared to the same period last year. According to...

Kathmandu – As Nepal’s streets hum with the quiet promise of electric vehicles (EVs), another shift is gaining traction beneath the surface — one that’s less visible but equally vital. The rise of EV insurance is quietly rewriting the...

Meerut (TOI) – Three months after an insurance multi-crore insurance fraud case that surfaced earlier this year, the Sambhal police have filed an 800-page chargesheet against 11 accused from Uttar Pradesh, Bihar, and Jharkhand in India. The scam, dubbed...

Kathmandu — A delegation from the Nepal Insurance Authority, led by Chairman Sharad Ojha, is set to depart for Shanghai, China, to participate in a high-level seminar organized by the International Association of Insurance Supervisors (IAIS) today. The delegation...

Kathmandu — Insurance companies have begun releasing payments to cover damages from the Tinkune incident that struck Kathmandu Valley on Chaitra 15 (March 28). According to the Nepal Insurance Authority, a total of Rs 45.96 million in claims have...

The first quarter of 2025 has seen an alarming surge in economic losses from natural disasters, with damages reaching an unprecedented $83 billion globally, according to risk and reinsurance broker Aon. The bulk of this devastation was concentrated in...

Kathmandu – Neco Insurance Limited has announced the auction of its unallocated right shares starting Baisakh 12 (April 25). These shares remained unsold following the company’s right share issuance held from Falgun 8 to Chaitra 24 (February 20 –...

Kathmandu – The Nepal Insurance Authority Gandaki Province Office organized an insurance awareness and interaction program in Tamankhola Rural Municipality, Baglung. The event, jointly hosted by the Authority’s Gandaki Office and the rural municipality, focused on agricultural insurance, group...

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of Sun Nepal Life Insurance following the issuance of its 27 percent right shares. The adjustment was made based on Thursday’s closing price of Rs 629.16 per...