Kathmandu – An Altitude Air helicopter (9N-AMS) crashed on Wednesday in the Lobuche area of Solukhumbu during a rescue operation. The aircraft, an Airbus H125, was en route from Lukla to Lobuche to rescue foreign tourists when it suffered...

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...

Kathmandu – Sun Nepal Life Insurance Company Limited successfully organized an agent honor and empowerment program in Dhangadhi, Sudurpaschim Province. The grand event, held at Hotel Flora, brought together the province’s top-performing branch managers and agents. During the program,...

Kathmandu — The Board of Directors of Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the acting Chief Executive Officer (CEO) of the company. The decision was made during the board meeting held on Wednesday. Dahal, who...

Kathmandu – The total insurance claims filed following the Gen-Z movement, which began on Bhadra 23 (September 8), have reached Rs 23.23 billion, according to the latest data released by the Nepal Insurance Authority. As of Kartik 9 (October...

Kathmandu – Banks have begun delisting the shares of Nepal Reinsurance Company Limited (Nepal Re) from their margin loan eligible lists, citing rising risk exposure after it was revealed that riot insurance coverage exists only under Nepal Re. Each...

Kathmandu — Several crucial policy and administrative functions of the Nepal Insurance Authority (NIA) have been disrupted due to the Authority’s failure to convene its board meeting for over two months. The board, which last met in Bhadra, has...

Kathmandu – The government has announced plans to convert all public corporations into companies, aiming to enhance transparency, efficiency, and accountability in the public sector. This major reform comes with the introduction of the Public Corporation Management and Good...

Kathmandu — Nepal Life Insurance Limited has achieved a significant milestone by securing a ‘Double A Minus (AA–)’ credit rating from ICRA Nepal, recognizing the company’s exceptional reliability and robust financial performance. This rating places Nepal Life among the...

Kathmandu – Siddharth Premier Insurance Limited has appointed Deepak Kumar Dhoot as its new Deputy Chief Executive Officer (DCEO). The decision was made during the company’s 42nd meeting of the Board of Directors held on Ashoj 28 (October 14)....