Kathmandu – Sagarmatha Lumbini Insurance Company Limited (SALICO) has announced the sale of 482,276 units of promoter shares. The shares are currently open only to the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit...

Kathmandu – Life insurance companies in Nepal have disbursed over Rs 95.02 billion in loans against insurance policies in the third quarter of the current fiscal year, marking a significant 7.32 percent increase compared to the same period last...

Kathmandu — Life and non-life insurance companies in Nepal have collectively disbursed over Rs. 62 billion in claims during the third quarter of the current fiscal year, according to the latest report from the Nepal Insurance Authority. The Authority’s...

Kathmandu – Prabhu Mahalaxmi Life Insurance has announced that its eighth Annual General Meeting (AGM) will be held on Jestha 26 (June 9). The meeting is scheduled to take place at Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am. During...

Kathmandu — Reliable Nepal Life Insurance Company has entered into a partnership with Nepal International Health Services to offer significant healthcare discounts to its stakeholders. As per the newly signed agreement, policyholders, agents, and employees of Reliable Nepal Life...

In a significant step toward climate resilience, VisionFund International (VFI) and IBISA have launched ClimaCash+, an innovative parametric insurance product designed to support low-income communities facing climate-related disasters. Piloted in Kenya in 2024, ClimaCash+ aims to provide fast, simple,...

Kathmandu — Nepal Rastra Bank (NRB) has released the third quarterly review of the Monetary Policy for the current fiscal year, maintaining existing policy rates while introducing key regulatory measures aimed at reinforcing financial stability and improving the investment...

Kathmandu — Citizen Life Insurance Company Limited has announced a special discount campaign on the interest charged for the renewal of lapsed insurance coverge. The offer, which runs from 12th to 27th Jestha (May 26 – June 10), provides...

Kathmandu – Dr. Laxmi Kant Poudel has been appointed as the Chief Executive Officer (CEO) of the Insurance Institute of Nepal (IIN). The position, previously overseen by the Executive Director of the Nepal Insurance Authority, was recently opened for...

Kathmandu – The Nepal Insurance Authority successfully conducted an insurance interaction program at Benighat Rorang Rural Municipality in Dhading district, Bagmati Province, on Sunday. The program was attended by Deputy Director Purna Bahadur Thapa, Chairperson Krishna Bahadur Thapaliya, Vice-Chairperson...