Kathmandu – Sanima Reliance Life Insurance has successfully concluded its half-yearly Business Review Meeting for the fiscal year 2080/81. The event, held at Hotel Siraichuli in Chitwan, was aimed at reviewing the company’s overall business and financial performance. The...

Kathmandu – Siddhartha Premier Insurance Company has announced an impressive 30 percent cash dividend for its shareholders. The decision was made during the board of directors meeting held on Monday evening. Based on the company’s current paid-up capital of...

Kathmandu – Shikhar Insurance Company has announced its 20th Annual General Meeting (AGM) to approve the dividend proposal for the last fiscal year. The meeting is scheduled to take place on Tuesday, February 25, at 11 AM, at the...

Kathmandu – Himalayan Life Insurance Company has scheduled its annual general meeting (AGM) for February 23 at Anupam Foodland and Banquet, Battisputali, Kathmandu. The meeting will commence at 10:30 AM. One of the key agendas of the meeting is...

Kathmandu – SuryaJyoti Life Insurance Company has published its financial results for the second quarter of the current fiscal year, showing a slight improvement in net profit but a decline in earnings per share (EPS). As of end of...

Kathmandu – Today marks the final day for Nepalese employed abroad to apply for the IPO issued by Nepal Micro Insurance. The company has received approval to issue 2.25 million shares worth Rs 225 million, equivalent to 30% of...

Kathmandu – IME Life Insurance successfully organized a two-day program titled “Mastering the Art of Sales Training and MDRT Felicitation,” concluding with a grand ceremony. Held on January 31 and February 1 at Siddhartha Hotel in Nepalgunj, the event...

Kathmandu – The Nepal Insurance Authority (NIA) has initiated preparations to transfer approximately Rs 5 billion from its fund to the government account of the Ministry of Finance. Out of the Rs 9 billion collected by the Authority as...

Kathmandu – Life Insurance Corporation (LIC) Nepal has opened applications for the auction of nearly 500,000 unallocated right shares, starting today, January 3. The company had recently issued right shares to its shareholders in the ratio of 1:0.8845 (88.45...

India – The Indian government has approved a major reform by increasing foreign direct investment (FDI) in the insurance sector from 74% to 100%. Announced by Union Finance Minister Nirmala Sitharaman, this move aims to attract substantial foreign investments...