Kathmandu, – Non-life insurance companies in Nepal have collected insurance premiums worth Rs 39.88 billion by the end of Jestha (mid-June) of the current fiscal year, largely driven by motor and property insurance policies made mandatory by the government....

Kathmandu – Non-life insurance companies operating in Nepal have collectively earned nearly Rs 4 billion in insurance premiums during the month of Jestha (mid-May to mid-June), reflecting a healthy growth in the general insurance sector. According to the latest...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited has been recognized as the “Best Managed General Insurance Company” at the ninth edition of the NewBiz Conclave and Business Excellence Awards 2025, organized by New Business Age Limited in Kathmandu. The...

Kathmandu – The insurance premium income of non-life insurance companies in Nepal has increased by 7.44% in the first 11 months of the current fiscal year. According to financial data published by the Nepal Insurance Authority, 14 non-life insurance...

Kathmandu – Nepal’s non-life insurance sector has reported impressive earnings, with 14 operating companies collectively generating a total premium income of Rs 39.03 billion in the first eleven months of the current fiscal year. According to the latest data...

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...

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...

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,...

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....

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...