Kathmandu — Sun Nepal Life Insurance Company has successfully renewed its ISO/IEC 27001:2022 certification from Amtivo Limited, UK, accredited by the United Kingdom Accreditation Service (UKAS). The certification reaffirms the company’s adherence to international standards for information security management...

Kathmandu – Nirmal Dhakal, the newly appointed chairman of the government-owned Rastria Beema Company Limited, has officially taken the oath of office and secrecy. The oath-taking ceremony was held on Monday at the central office of the Nepal Insurance...

Kathmandu – Life Insurance Corporation Limited (LIC Nepal) has appointed Shubhangi Soman as its new independent director. According to the company, he has been appointed to the position effective from Kartik 12, following the completion of the tenure of...

Kathmandu – National Life Insurance Company Limited has officially acquired all founder shares of Himalayan Bank Limited previously held by Pakistan’s Habib Bank Limited, becoming the largest shareholder of the bank. According to National Life CEO Suresh Prasad Khatri,...

Kathmandu –  Shikhar Insurance Company Limited, in partnership with eSewa, has launched a new digital health insurance plan called ‘Sahara Health Insurance’. The plan targets citizens between the ages of 5 and 65, offering comprehensive coverage for a wide...

Kathmandu – Himalayan Everest Insurance Company has come under the lens of the Nepal Insurance Authority (NIA) for allegedly submitting financial statements that violate regulatory provisions. The company’s quarterly and annual reports, including the Statement of Financial Position, Statement...

Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate...

Kathmandu – Sun Nepal Life Insurance Company Limited has received an upgraded credit rating of ‘Triple B Plus (BBB+)’ from Care Ratings Nepal Limited (CRNL), signaling stronger financial credibility and claim-paying capacity. CRNL cited the company’s consistent premium growth, sound claims management, and improving underwriting...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited successfully concluded its Education Program for Life Insurance Agent Leaders in Sauraha, Chitwan, on Kartik 13, 14, and 15. The three-day event combined capacity-building training with entertainment and motivational sessions. The program...

Kathmandu — Nepal Reinsurance Company Limited (Nepal Re) topped the Nepal Stock Exchange (NEPSE) in terms of share turnover during the month of Ashoj. According to NEPSE’s monthly data, Nepal Re-Insurance recorded transactions worth over Rs 3.77 billion, the...