Kuala Lumpur – The Malaysian government has announced new measures to address the rising cost of health insurance and takaful premiums, aiming to ease the financial burden on policyholders. Deputy Prime Minister of Malaysia, Datuk Seri Ahmad Zahid Hamidi...

Kathmandu – The Professional Insurance Agents Association and the Nepal Insurance Authority have agreed to form a working group to address issues arising from the Insurance Regulations 2081. The agreement follows protests by insurance agents, who claim the new...

Kathmandu – Sushil Dev Subedi has been appointed as the Executive Director of the Nepal Insurance Authority. The decision was made during a meeting of the Authority’s Board of Directors on Friday. Subedi’s promotion comes following a recommendation from...

Kathmandu – United Ajod Insurance has appointed Sanjay Aryal and Kashi Nath Burlakoti as the company’s new general managers. Additionally, Dhiraj Dhungana has been entrusted with the role of chief manager. Sanjay Aryal brings 26 years of experience in...

Kathmandu – Various insurance companies operating in Lumbini Province have provided traffic safety equipment to the Nepal Police Highway Safety and Traffic Management Office, Butwal. The equipment was handed over in coordination with the Nepal Insurance Authority Lumbini Province...

Kathmandu – The Nepal Insurance Authority has announced plans to establish a formal bench to address issues related to insurance claims. According to the decision made by the Authority, the new system will come into effect from the 1st...

Kathmandu – Eleven insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the last financial year 2080/81. Among them, five are life insurance companies and six are non-life insurance companies. This period,...

The Korea Times Seoul – Sales of whole life insurance in South Korea have declined sharply in recent years as policyholders reconsider the value of long-term death benefits amid rising life expectancy and changing financial priorities. In response, financial...

Kathmandu – Neco Insurance Limited has extended the deadline for applying for its right shares until March 27. The company has decided to provide additional time for shareholders to participate in the offering. Neco Insurance is offering right shares...

Kathmandu – Himalayan Everest Insurance Limited held its 31st Annual General Meeting (AGM) today at Anmol Banquet in Shankhamul, Kathmandu. During the meeting, the company approved the board of directors’ proposal to distribute an 8.75% cash dividend, including tax,...