Kathmandu – Trust Micro Insurance Limited is set to issue 2.25 million IPO shares worth Rs 225 million, representing 30 percent of its total capital. The IPO will be offered to the general public at a price of Rs...

Kathmandu – Life insurance companies in Nepal have distributed approximately Rs 6.27 billion as commissions to their agents in the current financial year, marking a 7.13 percent increase from the previous year’s figure of Rs 5.85 billion, according to...

Kathmandu – The first seven months of the current fiscal year 2081/82 have witnessed significant growth in both deposits and loan disbursements by commercial banks in Nepal. According to data published by the Nepal Bankers Association, deposit collections increased...

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...

Kathmandu – Ashish Dhakal has been appointed as the director of Himalayan Life Insurance Limited. According to the company, Dhakal has been appointed to the vacant directorship position representing the general public group.   Company Secretary Ishwar Kumar Sedai...

Kathmandu – Himalayan Everest Insurance Limited has announced that its 31st Annual General Meeting (AGM) will be held on Tuesday, March 11, 2025. The board of directors, in a meeting held on February 14, decided to conduct the AGM...

Kathmandu: IME Life Insurance Company Limited has announced its 8th Annual General Meeting (AGM) scheduled for Sunday, March 9, 2025. The company’s board of directors, in a meeting held on February 14, decided to hold the AGM at 11...

Kathmandu – The net insurance claim payment arrears owed by non-life insurance companies in Nepal to the insured have reached Rs 9.40 billion, according to financial statements published by 14 non-life insurance companies operating in the country. The data...

Kathmandu – Suryajyoti Life Insurance has paid insurance claims amounting to Rs 492.9 million during the period till the end of the month of Magh in the current financial year. According to the company’s latest disclosure, the claims were...