Kathmandu. The Nepal Insurance Authority (NIA) has introduced the second amendment to the Insurance Institutional Governance Directive, 2080, enabling insurance companies to contribute to the reconstruction of structures damaged during the Gen-Z protest as part of their social responsibility...

Kathmandu – Life insurance companies in Nepal have reported robust growth in new business during the month of Bhadra, with total premiums reaching Rs 3.26 billion, marking a significant increase compared to the previous fiscal year. According to data...

Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 156.4 million in the first two months of the current fiscal year, reflecting steady growth in the sector. According to data released by...

Kathmandu – Micro non-life insurance companies in Nepal have recorded promising growth in the first two months of the current fiscal year, earning a total insurance premium of Rs 165 million. According to data released by the Nepal Insurance...

Kathmandu – IGI Prudential Insurance Limited has introduced a new insurance plan designed to promote Nepal as a safe and reliable destination for international tourists. The initiative, launched in collaboration with Himalayan Guardian Nepal (HGN) Trekking and Safety Equipment...

Kathmandu – United Ajod Insurance, operating under the slogan ‘United by Trust’, has emerged as a leading example of customer-focused insurance service in Nepal. Beyond providing traditional insurance, the company positions itself as a reliable partner, supporting policyholders during...

Kathmandu – Ashok Kumar Agrawal has been appointed as the new director of Life Insurance Corporation (LIC) Nepal. The appointment was confirmed during the 144th meeting of the company’s Board of Directors, held on Ashoj 2 (September 18).

Kathmandu – Nepal Life Investment Company successfully concluded its first annual general meeting (AGM) today under the chairmanship of Amit Kumar Kayal, Chairman of the Board of Directors. The AGM endorsed the financial statements for the fiscal year 2081/82,...

Kathmandu – Shikhar Insurance has announced that it has paid out insurance claims worth nearly Rs 300 million to more than 40 insured clients whose properties were damaged during the Gen-Z protests on Bhadra 23 and 24. The company...

Kathmandu – The newly appointed Chairman of the Nepal Insurance Authority (NIA), Janakraj Sharma, has called on insurers to expedite the settlement of claims arising from the recent Gen-Z protest, which has triggered the largest insurance payout demand in...