Kathmandu — Life insurance companies in Nepal issued 419,000 new insurance policies in the month of Falgun, but the number of active policies saw a decline compared to the previous month. According to data from the Insurance Authority, the...

Kathmandu – The Nepal Insurance Authority has announced a major reshuffle of its leadership, assigning new responsibilities to recently promoted directors. The changes are effective from today. Director Kamal Prasad Regmi has been entrusted with leading the Legal Division,...

Kathmandu – Life insurance companies in Nepal have witnessed policy surrenders amounting to nearly Rs 10 billion during the current fiscal year 2081/82. According to financial statements released by the Nepal Insurance Authority, a total of 71,554 life insurance...

Kathmandu – The stock market closed on a positive note for the last two trading days of the week, boosting investor confidence as key stocks registered significant gains. Investors have shown strong interest in Himalayan Reinsurance and Nepal Reinsurance,...

Kathmandu – Nepal Life Insurance and Round Table Nepal have signed an agreement to launch the Mount Everest Cleanup Initiative 2025, aimed at preserving the natural beauty of the world’s highest peak. The agreement was signed today at Global...

Kathmandu — United Ajod Insurance has announced the sale of 256,310 units of promoter shares to the general public. According to the company, the shares are being offered at three different prices: 149,116 units at Rs 180 per share,...

Kathmandu – Neco Insurance Company Limited’s 50% right share offering, which began on Falgun 8 (February 20), is set to close today. The company is issuing a total of 5,030,901.55 units of right shares at a rate of Rs...

Kathmandu – Nepal’s insurance sector has emerged as a key area for employment and financial growth, with over 12,000 people currently employed in 37 operating insurance companies. According to the Nepal Insurance Authority, a total of 12,095 employees were...

Kathmandu – The fourth convention of the Professional Insurance Agent Association Nepal, Insurance Committee LIC (Nepal), is set to take place on Chaitra 15 ( March 28) in Janakpur Dham, Madhesh Province. The convention mobilization committee has urged all...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has signed an agreement with the Seti Mahakali Truck Transport Entrepreneurs Association to provide motor insurance services for trucks affiliated with the association. The agreement was signed by Kabi Raj Poudel,...