Kathmandu – Insurance companies in Nepal have collectively invested NPR 744 billion in various sectors, with a significant portion placed in bank fixed deposits. Of this, life insurance companies account for NPR 677 billion, while non-life insurance companies have...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited marked its eighth anniversary with a commitment to enhancing its services and supporting social causes. To celebrate the milestone, the company handed over 850 life jackets to the Fewa Boat Operators’ Association...

Kathmandu – In the aftermath of the devastating floods and landslides that recently impacted Nepal, non-life insurance companies have collectively disbursed over NPR 1.19 billion in advance claims payments to those affected by the disaster. These payments aim to...

Kathmandu – Madan Dahal, the newly appointed Acting Chairman of the Nepal Insurance Authority, has pledged to operate in alignment with the core values and principles of insurance while aiming to expand its scope. Assuming office at the Authority’s...

Kathmandu – Sasikala Tamang, an accomplished agent at National Life Insurance Company Limited, has achieved the prestigious status of TOT (Top of the Table) for the year 2025. Her remarkable achievement has set her apart in the highly competitive...

Kathmandu – Nepal’s economy is showing signs of steady recovery as it navigates complex challenges. According to the latest “Current Macroeconomic and Financial Situation” report published by the Nepal Rastra Bank, key economic indicators for the first four months...

Kathmandu – The Ministry of Finance has appointed Joint Secretary Madan Dahal as the Acting Chairperson of the Nepal Insurance Authority, ensuring continuity in leadership until a permanent arrangement is made. The Ministry announced the decision on Thursday, assigning...

Kathmandu – The Nepal Stock Exchange (NEPSE) index witnessed a significant decline on Thursday, the final trading day of the week. The index fell by 33.42 points, closing at 2,682 points, resulting in substantial losses for investors across the...

Kathmandu – NLG Insurance Company Limited has urged policyholders to submit all required documents to process claims for damages caused by heavy rainfall in late September 2024. The company has stated that the claim payment process has been delayed...

Kathmandu – Kamal Gautam has been appointed as the Chief Executive Officer (CEO) of United Ajod Insurance Limited. The decision was made during the company’s 45th board meeting held yesterday. Gautam’s appointment was approved by the Insurance Authority yesterday,...