Kathmandu — On the last trading day of the week, Nepal’s stock market witnessed a modest upward movement, with the NEPSE index climbing by 9.14 points to close at 2703.96. The insurance sector, in particular, saw notable gains, as...

Kathmandu — Life insurance companies operating in Nepal have collectively conducted micro insurance business worth Rs 2.05 billion by end of Jestha (mid-April to mid-June) of the current fiscal year, according to the latest data published by the Nepal...

Sydney — Australia has faced a challenging start to 2025, with three major declared weather events resulting in more than AUD 1.8 billion in incurred insurance claims, according to the Insurance Council of Australia (ICA). The most damaging of...

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of United Ajod Insurance Limited following the company’s decision to distribute a 10 percent bonus share as part of its annual dividend. The adjustment took place on...

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,...

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...

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...

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,...

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...

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...