Kathmandu – Many insurance companies in Nepal are failing to provide crucial information to the Nepal Insurance Authority (NIA) regarding Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), raising concerns about compliance and transparency in the sector. An...

Kathmandu – Today marks the last day to secure the dividend of Nepal Life Insurance Company Limited, as the company will close its books on January 23 (Magh 10) for its 25th Annual General Meeting (AGM) and dividend distribution....

Kathmandu, – Sundar Panthi has been officially appointed as the Chief Executive Officer (CEO) of Rastriya Jeewan Beema Company. The decision was made by the company’s board of directors after a competitive recruitment process. He is a First Class...

Kathmandu – Nepal Micro Insurance Limited has opened its Initial Public Offering (IPO) for Nepalese citizens working abroad starting today, January 21. The company is offering 10% of the total IPO units allocated for the general public to Nepalese...

Kathmandu – The Ministry of Finance has received only one application for the position of Chairman of the Nepal Insurance Authority (NIA), despite interest from over a dozen aspirants. Applications can be submitted to the Financial Sector Management and...

Kathmandu – The Nepali stock market witnessed a modest increase on Tuesday, the third trading day of the week, bringing cheer to investors in the insurance sector. Both the Life Insurance and Non-Life Insurance indices closed in the green,...

Kathmandu – NLG Insurance Company Limited has completed the allotment of its recently issued right shares. The company had opened the sale of 96,31,220.22 units of right shares at a face value of Rs 100, with a ratio of...

Kathmandu – The profits of Nepal’s commercial banks have declined in the second quarter of the current fiscal year, as revealed in the financial statements published by 20 banks. Collectively, their profits fell by 4.62 percent compared to the...

Kathmandu – Neco Insurance has announced the book closure date for its 25% right shares. The company will close its shareholder register on January 31, meaning investors holding shares until January 30 will be eligible to subscribe to the...

Kathmandu – Nepal Life Insurance Company successfully concluded the prestigious ‘MDRT Achievers Award 2025’ at The Soaltee Kathmandu on January 18, 2025. The event celebrated 95 agents who qualified for the Million Dollar Round Table (MDRT) between January and...