Kathmandu – NLG Insurance Company Limited organized a discussion program on agricultural and livestock insurance at the assembly hall of Kohalpur Municipality. The initiative aims to raise awareness among farmers about the importance of insurance and bring them under...

Kathmandu – United Ajod Insurance has appointed Kamal Gautam as its new Chief Executive Officer (CEO). The decision was made during a meeting of the company’s board of directors held on December 3. Gautam, a seasoned executive with extensive...

Kathmandu – On Monday, the NEPSE index rose by 19.97 points, reaching 2,758.04 by the close of trading. The stock market’s performance marked a positive trend, with noticeable gains in the insurance sector. Both the Life Insurance Index and...

Kathmandu – Non-life insurance companies in Nepal have earned insurance premiums amounting to Rs 14.35 billion by the end of the Kartik month (mid-November) in the current fiscal year, offering eight types of insurance policies. The highest revenue came...

Kathmandu – The Nepal Insurance Authority has introduced a new directive towards  a risk-based capital (RBC) and Solvency framework for life and non-life insurance companies. This move replaces the directive issued in 2022 and aims to better align capital...

Kathmandu – The Nepal Insurance Authority (NIA) has mandated non-life insurance companies to issue policies using real-time software, marking a significant step toward digitizing Nepal’s insurance sector. This initiative, supported by the Ministry of Agriculture and Livestock Development, aims...

Kathmandu – Sagarmatha Lumbini Insurance has been announced as the official insurance partner of Sudurpaschim Royals, a cricket team preparing to compete in the Siddhartha Bank Nepal Premier League (NPL). The tournament is being organized by the Cricket Association...

Kathmandu – Non-life insurance companies in Nepal earned a total insurance premium of Rs 2.28 billion in mid-October to mid-November (Kartik), marking an 18.57% increase compared to the same month in the last fiscal year. According to the financial...

Kathmandu – The non-life insurance sector in Nepal witnessed a growth of 10.74% in total premium income during the first four months of the current fiscal year, earning Rs 14.97 billion by mid-November. This marks a significant increase from...

Kathmandu – Non-life insurance companies in Nepal have collected a total insurance premium of Rs 14.97 billion during the first four months of the current fiscal year, up to mid-November. The data released by the Nepal Insurance Authority, reflects...