Neco Insurance Concludes 29th AGM, Approves 7% Bonus Shares and Cash Dividend

Kathmandu — Neco Insurance Limited has approved a dividend proposal at its 29th Annual General Meeting (AGM), held on Friday at Lisara Reception, Naxal. The meeting endorsed the distribution of 7 percent bonus shares on the paid-up capital along...


Government to Mandate Home Insurance for Urban Buildings Within a Year

Kathmandu — The government is set to enforce a new policy mandating home insurance as a prerequisite for obtaining a house construction plan completion certificate in urban areas. The provision is part of an action plan based on recommendations...


India’s Health Insurance Market Poised to Triple by 2032

India’s health insurance sector is set for a major leap, with its market size projected to grow from USD 15.99 billion in 2024 to around USD 38.2 billion by 2032, backed by a compound annual growth rate (CAGR) of...


Sanima GIC to Conduct Three-Day Non-Life Insurance Agent Training

Kathmandu – Sanima GIC Insurance Limited is set to organize a three-day training program for aspiring non-life insurance agents from Jestha 20 to 22 (June 3 to 5). According to the company, individuals who have completed their Plus Two...


Insurance Companies in Nepal Invest Over Rs 800 Billion in Various Sectors

Kathmandu – Insurance companies in Nepal have invested over Rs 800 billion across various sectors during the third quarter of the current fiscal year, according to the Nepal Insurance Authority. Life insurance companies have made a total investment of...


Sun Nepal Life Completes ‘Inspire and Earn’ Program with Over 70 Agents

Kathmandu – Sun Nepal Life Insurance Company successfully concluded its ‘Inspire and Earn’ program under the Chakrapath Region, aimed at motivating and empowering insurance agents. The event was held at Smart Mall and was attended by more than 70...


Salico to Hold Four-Day Basic Insurance Agent Training

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) is set to organize a four-day basic training session for aspiring insurance agents from Jestha 23 to 26 (June 6 to 9) . The training will be held at the company’s...


Nepal Insurance Gets SEBON Approval to Issue 40% Right Shares

Kathmandu – Nepal Insurance Company has received approval from the Securities and Exchange Board of Nepal (SEBON) to issue 40 percent right shares of its current paid-up capital. The company is now set to issue 6,576,937.76 units of right...


Reliable Nepal Life Calls Eighth AGM, Proposes 12% Bonus Shares and Cash Dividend

Kathmandu – Reliable Nepal Life Insurance Limited has announced its eighth annual general meeting (AGM) to be held on Ashar 2 (June 16) at 11 AM at Amrapali Banquet, Bhatbhateni, Kathmandu. The AGM will endorse a proposal to distribute...


Last Day to Secure Dividend of Himalayan Reinsurance Company

Kathmandu – Today marks the final day to secure the dividend of Himalayan Reinsurance Limited. The company has announced the book closure for dividend on Jestha 11 (May 25) to finalize the list of investors eligible for the upcoming...