Sundar Panthi Appointed CEO of Rastriya Jeewan Beema Company

Kathmandu, – Sundar Panthi has been officially appointed as the Chief Executive Officer (CEO) of Rastriya Jeewan Beema Company. The decision was made by the company’s board of directors after a competitive recruitment process. He is a First Class...


Nepal Micro Insurance Limited Issues IPO for Nepalese Employed Abroad

Kathmandu – Nepal Micro Insurance Limited has opened its Initial Public Offering (IPO) for Nepalese citizens working abroad starting today, January 21. The company is offering 10% of the total IPO units allocated for the general public to Nepalese...


Only One Application Received for Nepal Insurance Authority Chairman Post

Kathmandu – The Ministry of Finance has received only one application for the position of Chairman of the Nepal Insurance Authority (NIA), despite interest from over a dozen aspirants. Applications can be submitted to the Financial Sector Management and...


Stock Market Rises Slightly, Insurance Investors Reap Gains

Kathmandu – The Nepali stock market witnessed a modest increase on Tuesday, the third trading day of the week, bringing cheer to investors in the insurance sector. Both the Life Insurance and Non-Life Insurance indices closed in the green,...


NLG Insurance Completes Allotment of Right Shares; Unsold Shares to be Auctioned

Kathmandu – NLG Insurance Company Limited has completed the allotment of its recently issued right shares. The company had opened the sale of 96,31,220.22 units of right shares at a face value of Rs 100, with a ratio of...


Commercial Bank Profits Decline in Second Quarter of the Fiscal Year

Kathmandu – The profits of Nepal’s commercial banks have declined in the second quarter of the current fiscal year, as revealed in the financial statements published by 20 banks. Collectively, their profits fell by 4.62 percent compared to the...


Neco Insurance Announces Book Closure for 25% Right Shares

Kathmandu – Neco Insurance has announced the book closure date for its 25% right shares. The company will close its shareholder register on January 31, meaning investors holding shares until January 30 will be eligible to subscribe to the...


Nepal Life Insurance Honors 95 MDRT Achievers in Grand Ceremony

Kathmandu – Nepal Life Insurance Company successfully concluded the prestigious ‘MDRT Achievers Award 2025’ at The Soaltee Kathmandu on January 18, 2025. The event celebrated 95 agents who qualified for the Million Dollar Round Table (MDRT) between January and...


Sanima Reliance Life Insurance Employees Participate in International Training in Mumbai

Kathmandu – Employees of Sanima Reliance Life Insurance are participating in an international training program hosted by the Insurance Institute of India, Mumbai. The three-day event, scheduled from 20 to 22 January, focuses on enhancing the professional skills of...


Rastirya Beema Company to Conduct Training for Non-Life Insurance Agents

Kathmandu – Rastriya Beema Company Limited is set to organize basic training for individuals interested in becoming non-life insurance agents. The training will take place at the company’s central office in Kathmandu from February 2 to February 5, running...