Last Day to Secure Asian Life Insurance Company’s Dividend

Kathmandu – Today marks the last day for shareholders of Asian Life Insurance Company Limited to secure eligibility for the company’s proposed dividend and participate in its upcoming Annual General Meeting (AGM). The company will close its books tomorrow,...


Rastriya Beema Company Completes Non-Life Insurance Awareness Programs in Five Provinces

Kathmandu – The government-owned Rastriya Beema Company has concluded interactive programs related to non-life insurance in five provinces as part of its annual plan for fiscal year 2081/82. The initiative, aimed at expanding non-life insurance business and raising public...


Lalitpur Metropolitan City to Bear 40% of Health Insurance Premium for Its Residents

Kathmandu — In a significant move to enhance access to healthcare, Lalitpur Metropolitan City has announced that it will cover 40 percent of the health insurance premium for its residents. This initiative was formalized through a memorandum of understanding...


Health Insurance Board’s First Service Point Decision Sparks Confusion Among Insured

Kathmandu — A recent circular issued by the Health Insurance Board regarding the designation of “first service points” under Nepal’s health insurance scheme has caused widespread confusion among the insured public. The circular, based on the Health Insurance Act,...


Insurers Must Strengthen IT and Data Management for Sector Growth, Says Ojha

Kathmandu – The Nepal Insurance Authority (NIA) has called on insurance companies to significantly enhance their use of information technology and strengthen data management practices to promote the growth and transparency of the insurance sector. Speaking at a discussion...


Life Insurance Companies Report Rs 4.16 Billion in New Business in Jestha, Marking 24.84% Growth

Kathmandu – Life insurance companies in Nepal recorded a significant rise in new business in the month of Jestha (mid-May to mid-June), generating Rs 4.16 billion in insurance premiums, including foreign employment insurance. According to data released by the...


ICRA Nepal Assigns ‘A’ Rating to Sagarmatha Lumbini Insurance Company

Kathmandu — ICRA Nepal has assigned an issuer rating of ‘ICRA NP IR A’ to Sagarmatha Lumbini Insurance Company Limited (Salico), reflecting the company’s strong financial fundamentals and timely debt servicing capabilities. The ‘A’ category rating denotes that Salico...


Global Reinsurance Capital Surpasses $720 Billion in Q1 2025: Aon

Aon’s latest midyear 2025 Reinsurance Market Dynamics report has revealed that global reinsurance capital rose to $720 billion by the end of the first quarter, up from $715 billion during the same period in 2024. The report highlights a...


Last Day to Secure Dividend of United Ajod Insurance

Kathmandu – Investors eyeing the dividend benefits from United Ajod Insurance Limited must purchase shares by the end of trading today, Ashar 18 (July 2), to qualify. The company’s has its book closure on Ashar 19 (July 3) in...


Himalayan Everest Insurance Urges Insured to Submit Pending Documents for Claim Settlement

Kathmandu – Himalayan Everest Insurance Limited has issued a public notice urging policyholders to promptly submit pending documents necessary for claim settlements. According to the company, several claim applications submitted over different periods remain incomplete due to missing documentation....