Kathmandu – IME Life Insurance Company successfully concluded its 8th Annual General Meeting (AGM) today at Diyo Mahal in Dhumbarahi, Kathmandu. The meeting addressed key financial and operational matters, including dividend distribution, financial statements, and board authorizations. The AGM...

Kathmandu – Nepal Insurance Company Limited has announced the distribution of dividends to its shareholders following a recent board meeting. The Board of Directors, in a meeting held on March 8, decided to distribute 15% bonus shares and a...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has urged insured individuals to complete the process for receiving their claim payments for claims which were made till the end of Poush month (mid-January). According to the company, the claim...

Kathmandu – Today marks the last opportunity for shareholders of Sanima Reliance Life Insurance Limited to secure the proposed dividend. The company will close its books tomorrow (March 10) for the purpose of its eighth annual general meeting (AGM)...

Kathmandu – Durga Devi Kshetri (KC), a prominent figure in Nepal’s insurance sector, has made remarkable strides in her career within a short period. Currently serving as an Agency Manager at the Maharajgunj branch of Citizen Life Insurance, Kshetri...

Kathmandu – The initial public offering (IPO) of Nepal Micro Insurance Company has been allotted today, Friday. The allotment process was completed at the office of NIMB Ace Capital Limited, the issue manager for the company. A total of...

Beijing (Reuters) – Tesla is introducing an insurance subsidy for its Model 3 buyers in China as it grapples with slowing global sales and increasing competition in key markets. The U.S.-based electric vehicle (EV) manufacturer announced that customers who...

Kathmandu – Prabhu Mahalakshmi Life Insurance Company Limited has announced a special discount for policyholders seeking to renew their lapsed insurance policies. The company has issued a notice stating that from March 6 to 13, policyholders will be able...

Kathmandu – The Nepal Insurance Authority has resumed the online examination application process for insurance agents, which had been suspended since Falgun 13 (February 25).The application process was halted to align with the new provisions introduced under the recently...

Kathmandu – The Securities Board of Nepal (SEBON) is in the final stages of approving the rights issuance of several insurance companies which is worth over Rs 6.3 billion. As per the Nepal Insurance Authority’s directive to increase paid-up...