Suryajyoti Life Insurance Issues Six-Point Advisory for Policyholders

Kathmandu — Suryajyoti Life Insurance Limited has released a public notice addressing its policyholders, offering six important suggestions to ensure better service access and financial security. The company has urged all policyholders to pay insurance premiums exceeding Rs 100,000...


Nepal Insurance Authority Koshi Province Conducts Specialized Training for Non-Life Insurance Employees

Kathmandu — The Koshi Province Office of the Nepal Insurance Authority organized a one-day training session focused on Engineering and Marine Insurance, as well as Motor and Property Claim Settlement Processes, on Thursday. The training aimed to enhance technical...


Experts Call for Urgent Reform in Hydropower Insurance Policy

Kathmandu – Stakeholders in Nepal’s insurance and energy sectors have called for the immediate formulation of a new, comprehensive insurance policy tailored specifically to the hydropower sector, warning that the current system is putting billions of rupees in investment...


General Insurance Association of Nepal Urges Review of Share Trading Ban for Directors

Kathmandu – General Insurance Association of Nepal (GIAN) has officially called on regulatory bodies to amend the rule that restricts company directors from trading shares during their tenure and for one year after leaving office, terming it impractical and...


United Ajod Insurance Declares 10% Bonus Shares and Cash Dividend

Kathmandu – United Ajod Insurance Limited has announced a dividend proposal for its shareholders, subject to regulatory and shareholder approval. According to the company, a meeting of its Board of Directors held on Ashar 4 (June 18) decided to...


Siddhartha Premier Insurance Urges Insureds to Claim Pending Payments

Kathmandu – Siddhartha Premier Insurance Limited has issued a public notice urging policyholders to collect their pending insurance claim payments. According to the company, insured individuals who have submitted claims but have not received payment by the end of...


Reliable Nepal Life Insurance Upgraded to ‘A Minus’ Credit Rating by CARE Ratings Nepal

Kathmandu – Reliable Nepal Life Insurance Limited has received an upgraded credit rating of ‘A Minus’ from CARE Ratings Nepal, marking a significant improvement from its previous rating of ‘Triple B Plus’. The upgraded rating reflects the company’s enhanced...


National Life Insurance Holds 37th AGM, Approves Dividend and Elects New Directors

Kathmandu – National Life Insurance Company Limited successfully conducted its 37th Annual General Meeting (AGM) at its central office in Lazimpat today. The meeting was held under the chairmanship of the company’s Board of Directors Chairperson Prema Rajya Laxmi...


Nepal Accepts Rs 50.51 Billion Soft Loan from World Bank for Infrastructure Projects

Kathmandu — The Government of Nepal has approved the acceptance of a Rs 50.51 billion soft loan from the World Bank to support key infrastructure development projects. The funding will be used to strengthen the strategic road network, upgrade...


Rastriya Jeevan Beema Company Announces Bonus Rate for FY 2069/70

Kathmandu — Rastriya Jeevan Beema Company Limited has announced the bonus rate for the fiscal year 2069/70. The company has maintained a bonus rate of Rs 55 per thousand sum assured per annum on all types of life insurance...