Asian Life Insurance Extends Deadline for Right Share Application

Kathmandu — Asian Life Insurance Company Limited has extended the deadline for applying for its ongoing rights share issuance. The application period will now remain open until Shrawan 20 (August 5) due to a lower-than-expected number of applications. The...


United Ajod Insurance Puts 19,882 Promoter Shares Up for Sale

Kathmandu — United Ajod Insurance Company Limited has announced the sale of 19,882 units of promoter shares registered under the name of promoter shareholder Srijana Joshi. The shares have been offered exclusively to the company’s existing promoter shareholders by...


Insurance Authority Steps In as Government Fails to Insure Its Buildings

Kathmandu — Despite repeated commitments made through national budget speeches and policy declarations, the government has yet to insure its buildings — including historic administrative centers like Singha Durbar. With this gap continuing for years, the Nepal Insurance Authority...


Citizen Life Recognizes Top-Performing Agents Nationwide

Kathmandu — Citizen Life Insurance Company has marked a significant milestone in its expansion journey, with a strong surge in insurance business attributed to the dedication and performance of its extensive network of agents nationwide. The company has formally...


Insurance Claims Soar to Rs 843.8 Million Following Rasuwa Floods and Landslides

Kathmandu – The devastating floods and landslides that struck Rasuwa district on Ashar 23 (July 7) have triggered insurance claims worth Rs 843.81 million, as per the latest figures released by the Nepal Insurance Authority. According to the Authority,...


Supreme Court Schedules Hearing on Sharad Ojha’s Writ Petition for Shrawan 14

Kathmandu — The Supreme Court has scheduled a hearing on Shrawan 14 (July 30) for the writ petition filed by Sharad Ojha, the suspended chairman of the Nepal Insurance Authority. The case, which had earlier been listed before a...


SuryaJyoti Life Urges Shareholders to Claim Unclaimed Dividends

Kathmandu — SuryaJyoti Life Insurance Company Limited has called upon its remaining shareholders to claim the dividends declared in previous fiscal years, which have remained unclaimed for an extended period. According to the company, despite the dividends being approved...


Social Media Misinformation Putting Risk on Public Safety During Climate Disasters, Says Study

Washington, D.C. —The new findings from the Center for Countering Digital Hate (CCDH) have sparked renewed concern over how social media platforms like Meta, X, and YouTube are fueling climate misinformation during extreme weather emergencies. The CCDH’s latest report...


Nepal Insurance Authority Rolls Out Risk-Based Capital Directive to Modernize Insurance Sector

Kathmandu — The Nepal Insurance Authority (NIA) has introduced a new directive aimed at overhauling the financial health framework of the country’s insurance sector. Titled the Risk-Based Capital and Solvency Directive 2025 (2082), the regulation is designed to refine...


Reliable Nepal Life Names Top Three Agents for Fiscal Year 2081/82

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced its top-performing agents for the fiscal year 2081/82, recognizing the outstanding contributions of Baburam Adhikari, Gayatri Sedhai, and Geeta Nepal. These three individuals have emerged as the highest achievers...