NLG Insurance Partners with UNDP to Launch Inclusive Insurance Program

Kathmandu – NLG Insurance Company Limited is set to implement an inclusive insurance program in partnership with the United Nations Development Programme (UNDP). The initiative will be carried out under the Inclusive Insurance Innovation Challenge (IIC), a competition aimed...


NLG Insurance Urges Policyholders to Complete Pending Claim Processes

Kathmandu – NLG Insurance Company Limited has called on its insured clients to complete their pending claim processes for claims submitted up to the end of Chaitra (up to mid-April). The company has announced that several claims remain unsettled...


Air India Crash Triggers Up to 30% Global Surge in Airline Insurance Premiums

The aviation insurance market is bracing for a major shake-up in the aftermath of the catastrophic Air India crash in Ahmedabad, which claimed 241 lives. Industry insiders say the tragedy is expected to send airline insurance premiums soaring worldwide,...


Siddhartha Premier Insurance Puts Promoter Shares Up for Sale

Kathmandu – Siddhartha Premier Insurance Limited has announced the sale of 994,622 units of promoter shares belonging to one of its existing promoter shareholders. However, the company has not disclosed the name of the shareholder involved in the transaction....


Insurance Authority Tightens Oversight of 28 Insurers Amid Growing Concerns

Kathmandu – The Nepal Insurance Authority has ramped up regulatory oversight on 28 insurance companies following growing concerns over policy violations, especially among non-life insurers. The Authority has completed on-site supervision of 12 companies and plans to finish two...


Prabhu Insurance to Distribute 18% Bonus Shares and Cash Dividend

Kathmandu – Prabhu Insurance Limited has announced plans to distribute dividends to its shareholders, pending regulatory and shareholder approval. According to the decision made at the company’s board of directors meeting held on Ashar 8 (June 22), Prabhu Insurance...


United Ajod Insurance Calls 31st AGM, Proposes Bonus Shares and Cash Dividend

Kathmandu — United Ajod Insurance Limited has announced that its 31st Annual General Meeting (AGM) will take place on Monday, Ashar 30 (July 14). The meeting is scheduled to begin at 10:30 AM at Amrapali Banquet Catering and Event...


Delays in Annual General Meetings Raise Concerns Among Insurance Investors

Kathmandu — A growing number of insurance companies in Nepal have yet to hold their annual general meetings (AGMs), leaving shareholders waiting for financial updates and returns. Even as the current fiscal year nears its end, nine companies are...


NIA Chair Sharad Ojha Directs Insurers to Strengthen Anti-Money Laundering Measures

Kathmandu — Nepal Insurance Authority (NIA) Chairman Sharad Ojha has instructed all insurance companies to strengthen their internal mechanisms to combat money laundering and enhance financial transparency in the insurance sector. Speaking at a capacity-building program organized by the...


Himalayan Everest Insurance CEO Anju Shrestha Receives ‘Women Tabloid Award 2025’

Kathmandu — Anju Shrestha, Chief Executive Officer of Himalayan Everest Insurance, has been honored with the prestigious Women Tabloid Award 2025 under the category of Best Female CEO in Strategic Leadership. The award recognizes her exemplary leadership and outstanding...