Nepal Life and Round Table Nepal Partner for Mount Everest Cleanup Initiative 2025

Kathmandu – Nepal Life Insurance and Round Table Nepal have signed an agreement to launch the Mount Everest Cleanup Initiative 2025, aimed at preserving the natural beauty of the world’s highest peak. The agreement was signed today at Global...


United Ajod Insurance Puts Promoter Shares on Sale

Kathmandu — United Ajod Insurance has announced the sale of 256,310 units of promoter shares to the general public. According to the company, the shares are being offered at three different prices: 149,116 units at Rs 180 per share,...


Neco Insurance’s Right Share Application Closes Today

Kathmandu – Neco Insurance Company Limited’s 50% right share offering, which began on Falgun 8 (February 20), is set to close today. The company is issuing a total of 5,030,901.55 units of right shares at a rate of Rs...


Nepali Insurance Sector Sees Steady Growth in Employment and Coverage

Kathmandu – Nepal’s insurance sector has emerged as a key area for employment and financial growth, with over 12,000 people currently employed in 37 operating insurance companies. According to the Nepal Insurance Authority, a total of 12,095 employees were...


Professional Insurance Agent Association Convention to Be Held in Janakpur

Kathmandu – The fourth convention of the Professional Insurance Agent Association Nepal, Insurance Committee LIC (Nepal), is set to take place on Chaitra 15 ( March 28) in Janakpur Dham, Madhesh Province. The convention mobilization committee has urged all...


Salico and Seti Mahakali Truck Transport Association Sign Motor Insurance Agreement

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has signed an agreement with the Seti Mahakali Truck Transport Entrepreneurs Association to provide motor insurance services for trucks affiliated with the association. The agreement was signed by Kabi Raj Poudel,...


Nepal Insurance Authority, Life Insurance Association Nepal and FALIA Discuss Insurance Essay Competition for Students

Kathmandu – A meeting was held between officials of the Nepal Insurance Authority, Life Insurance Association of Nepal, and a team from the Foundation for the Advancement of Life and Insurance in Asia (FALIA), Japan, to discuss the launch...


Life Insurance Companies Earn NPR 85.61 Billion in Renewal Premiums

Kathmandu — Life insurance companies in Nepal have earned NPR 85.61 billion in renewal insurance premiums up to end of Falgun (mid-March) of the current fiscal year, reflecting a 7.20% increase compared to the same period last fiscal year,...


Life Insurance Companies Earn Over NPR 109.43 Billion in Premiums Across Seven Provinces

Kathmandu — Life insurance companies in Nepal have collectively earned NPR 109.43 billion in total insurance premiums across all seven provinces as of the end of the month of Falgun (mid-march), according to data released by the Nepal Insurance...


Rajkumar Khadka Appointed Company Secretary of Himalayan Everest Insurance

Kathmandu –  Raj Kumar Khadka has been appointed as the Company Secretary of Himalayan Everest Insurance. The decision was made during the  meeting held on Chaitra 11 (March 24). According to the Company,  Khadka’s appointment has been taken effect...