Kathmandu – Shangrila Ply Industry in Dang, Ghorahi Sub-metropolitan City-9, which was severely damaged by a fire, is insured with National Insurance for Rs 350 million. The fire, which broke out around 2 a.m. on Sunday due to an...

Kathmandu – Chandra Bahadur Thapa Chhetri has been appointed as the chairman of the Health Insurance Board. Minister for Health and Population Mohan Bahadur Poudel administered the oath of office and secrecy to Thapa on Tuesday. Before Thapa’s appointment,...

Kathmandu  – The adoption of the artificial intelligence (AI) model DeepSeek by insurance companies in mainland China has the potential to improve operational efficiencies, particularly for small to medium-sized carriers, according to a new commentary from AM Best. While...

Kathmandu – Himalayan Life Insurance Limited has announced the sale of 158,784 promoter shares, offering them exclusively to its existing promoter shareholders. The company has given 35 days for interested promoter shareholders to submit written applications for the purchase...

Kathmandu – The World Bank (WB) has recommended that Nepal implement policy actions in four critical areas – improving migration benefits, enhancing export performance, harnessing hydropower potential, and strengthening the digital sector – to unlock its economic growth potential....

Kathmandu – Life insurance companies operating in Nepal have collected a total of Rs 21.12 billion and 54 million in first insurance premiums during the first eight months of the current fiscal year 2081/82. The latest figures, released by...

Kathmandu – Life insurance companies operating in Nepal have collectively earned insurance premiums totaling Rs 108.71 billion by the end of Falgun month (mid-March) of the current fiscal year. The latest data, released by the Nepal Insurance Authority, shows...

Kathmandu – Life insurance companies in Nepal have collectively earned insurance premiums worth Rs 108.71 billion during the current fiscal year up to Falgun (mid-March), according to the latest data released by the Nepal Insurance Authority. The report highlights that...

Kathmandu – Micro life insurance companies operating in Nepal have earned approximately Rs 725 million in insurance premiums during the first eight months of the current fiscal year 2081/82. According to the latest data from the Insurance Authority, the...

Kathmandu – Non-life insurance companies operating in Nepal have earned a total insurance premium of Rs 28.6 billion during the first eight months of the current fiscal year. This includes from 14 non-life insurance companies and four non-life microinsurance...