Shikhar Insurance Concludes Fourth Annual Surveyor Seminar

Kathmandu – Shikhar Insurance Company Limited successfully concluded its fourth annual surveyor seminar on Tuesday, focusing on enhancing professional capabilities in insurance claim management. The event, themed “Capacity Enhancement for Professional Excellence in Claim Management,” brought together key stakeholders...


Sanima GIC Appoints Auditor for Fiscal Year 2081/82

Kathmandu — Sanima GIC Insurance Limited has appointed N. Amatya & Company, Chartered Accountants, as the external auditor for the financial year 2081/82. The decision was made during the company’s seventh annual general meeting, held on Chaitra 21 (April...


Shikhar Insurance’s Awareness Program on Non-Life Insurance Concludes in Bhaktapur

Kathmandu – The Bhaktapur Chamber of Commerce and Industry (BCCI), in collaboration with Shikhar Insurance, organized an orientation program aimed at educating industrialists and business owners on the significance of non-life insurance. The event took place on at Hotel...


Nearly Rs 50 Million Insurance Claim Filed Over Tinkune Incident

Kathmandu – The recent Tinkune incident on Chaitra 15 (March 28) has led to insurance claims worth nearly Rs 50 million, according to details released by the Nepal Insurance Authority on Thursday. A total of 11 non-life insurance companies...


Sanima GIC Insurance Concludes Seventh AGM, Approves Bonus Shares and Right Issue

Kathmandu – Sanima GIC Insurance Limited successfully concluded its seventh annual general meeting (AGM) at Amritbhog, Kalikasthan, Kathmandu. The meeting, held under the chairmanship of Kunal Kayal, approved several key financial and operational proposals. One of the major decisions...


IGI Prudential Insurance Puts Promoter Shares Up for Sale

Kathmandu – IGI Prudential Insurance Limited has announced the sale of 94,797 units of promoter shares currently held by two of its promoter shareholders. The company has stated that only the existing promoter shareholders of IGI Prudential Insurance are...


Nepal Insurance Concludes AGM, Approves Dividend Proposal

Kathmandu – Nepal Insurance Company Limited successfully concluded its 76th Annual General Meeting (AGM) at Nepal Pragya Pratishthan, Kamaladi, Kathmandu. The AGM approved a dividend distribution of 15 percent bonus shares and 0.79 percent cash dividend (including tax) on...


Insurance Coverage Expands Modestly as Premium Collection Rises

Kathmandu – The total population covered by Kathmandu Insurance has reached 44.17 percent, including term, short-term, and foreign employment life insurance policies. This marks a slight increase from the 43.16 percent coverage recorded during the same period last fiscal...


IGI Prudential Insurance to Auction 80,000 Promoter Shares

Kathmandu — IGI Prudential Insurance Limited has announced the auction of 80,000 units of promoter shares. The shares are open for bidding to the general public at a minimum price of Rs 185 per share. Interested buyers are required...


Neco Insurance Opens Auction for Promoter Shares

Kathmandu — Neco Insurance Limited has announced the auction of 600,000 units of promoter shares, open for purchase by the general public. The minimum price for each share has been set at Rs 260. Interested buyers must apply to...