Kathmandu — Life insurance companies operating in Nepal have collectively spent Rs 9.85 billion on agent commissions in the third quarter of the current fiscal year. This marks a 10.27 percent rise compared to the same period last year,...

Kathmandu — Chandra Singh Saud has been appointed as the Chairman of the Board of Directors of Nepal Insurance Company Limited. The decision was made during a board meeting held on 12th Jestha (May 26). The board meeting unanimously...

Kathmandu — Himalayan Everest Insurance Limited has announced a three-day virtual training program for aspiring non-life insurance agents, scheduled from Ashad 17 to 19 ( July 1 to 3) . The training will run daily from 9:30 AM to...

Kathmandu — A recent directive from the Nepal Insurance Authority (NIA) has raised serious concerns among insurance companies after they were asked to pay hefty fines for failing to comply with regulatory requirements under the Insurance Act. More than...

Kathmandu — The Commission for the Investigation of Abuse of Authority (CIAA) has launched a detailed inquiry into the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority (NIA) following allegations that he submitted false and misleading...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (SALICO) has announced the sale of 482,276 units of promoter shares. The shares are currently open only to the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit...

Kathmandu – Life insurance companies in Nepal have disbursed over Rs 95.02 billion in loans against insurance policies in the third quarter of the current fiscal year, marking a significant 7.32 percent increase compared to the same period last...

Kathmandu — Life and non-life insurance companies in Nepal have collectively disbursed over Rs. 62 billion in claims during the third quarter of the current fiscal year, according to the latest report from the Nepal Insurance Authority. The Authority’s...

Kathmandu – Prabhu Mahalaxmi Life Insurance has announced that its eighth Annual General Meeting (AGM) will be held on Jestha 26 (June 9). The meeting is scheduled to take place at Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am. During...

Kathmandu — Reliable Nepal Life Insurance Company has entered into a partnership with Nepal International Health Services to offer significant healthcare discounts to its stakeholders. As per the newly signed agreement, policyholders, agents, and employees of Reliable Nepal Life...