Kathmandu – The Nepal Insurance Authority has introduced new monetary loss insurance guidelines to regulate the protection of cash, cash-related equipment, and security measures within financial institutions and during transportation. The directive aims to ensure comprehensive risk coverage for...

Kathmandu – Citizen Life Insurance successfully concluded its ‘Citizen Life MDRT 2025’ program in Chitwan, celebrating agents who achieved the prestigious MDRT and COT targets for 2025. The event, held at Siraichuli Hotel, was marked by enthusiasm and recognition....

Kathmandu – The Nepal Insurance Authority has initiated a study to investigate the growing trend of insurance policy surrenders in the country. In response to the increasing rate of policy abandonment, the Authority has formed a study team comprising...

Kathmandu – Nepal Micro Insurance’s initial public offering (IPO), which opened for public subscription on February 23, has already attracted applications worth approximately Rs 500 million on its first day. According to CDS and Clearing, a total of 376,589...

Kathmandu – Himalayan Life Insurance Limited successfully conducted its 17th Annual General Meeting (AGM) on Sunday at Anupam Foodland and Banquet, Battisputli, Kathmandu. The meeting, which commenced at 10:30 AM, saw the passage of key financial resolutions, including the...

Kathmandu – Nepal Micro Insurance has opened its Initial Public Offering (IPO) for the general public starting today. The company is issuing 1.84 million shares worth NPR 184.5 million as part of its IPO process. Earlier, the company had...

Kathmandu – The Professional Insurance Agents Association Nepal has strongly opposed the newly issued Insurance Regulations, arguing that they curtail the rights of insurance agents and discourage their profession. The association held a press conference in Kathmandu on February...

Kathmandu – Insurance companies operating in Nepal have collectively spent over Rs 5.6 billion on employee benefits, including salaries and allowances, up to the end of the current financial year. According to the second-quarter financial reports published by these...

Kathmandu – Citizen Life Insurance limited has announced dividend distribution for its shareholders. The company’s board of directors, in a meeting held on February 20, decided to distribute a 26.98% bonus share and a 1.42% cash dividend (for tax...

Kathmandu – Kabi Phuyal has officially resumed his position as Senior Deputy Chief Executive Officer (Senior Deputy CEO) of Sun Nepal Life Insurance Company. Phuyal assumed office on February 20 at the company’s central office, marking his return to...