Insurance Authority Organizes Stakeholder Interaction in Birgunj, Stresses Credibility and Compliance

Kathmandu – The Nepal Insurance Authority’s Madhesh Province Office held a discussion and interaction program in Birgunj on Monday, bringing together provincial heads of both life and non-life insurance companies to deliberate on pressing issues in the insurance sector....


Non-Life Insurance Companies Collect Rs 4.10 Billion in Premiums, Business Grows by 7%

Kathmandu – According to the data released by the Nepal Insurance Authority, Non-life insurance companies in Nepal have collectively earned Rs 4.10 billion in insurance premiums in the month of Chaitra alone, reflecting a 7.01 percent increase compared to...


Non-Life Insurance Companies Earn Over Rs 32 Billion in Premiums in Q3 FY 2081/82

Kathmandu – Nepal’s non-life insurance sector has recorded a total premium income exceeding Rs 32.12 billion during the third quarter of the current fiscal year 2081/82, according to the latest data published by the Nepal Insurance Authority. Shikhar Insurance...


Non-Life Insurance Sector Sees 7.11% Growth; Oriental Insurance Leads in Expansion

Kathmandu — Nepal’s non-life insurance industry has recorded a modest yet steady growth of 7.11% in the third quarter of the current fiscal year, with total business volume rising from Rs. 29.99 billion last year to Rs. 32.12 billion...


Final Day to Apply for Neco Insurance’s Unallocated Right Shares

Kathmandu – Today marks the last day to apply for the remaining 225,161.35 units of unallocated right shares issued by Neco Insurance Limited. These shares include 43,779.52 units from the promoter group and 181,481.83 units from the general public...


Neco Insurance Calls 29th AGM to Approve 7% Bonus Shares and Cash Dividend

Kathmandu – Neco Insurance Limited has announced the date for its 29th Annual General Meeting (AGM), scheduled for Jestha 9 (May 23) at 11 a.m. at Lisara Reception, Naxal. The company will seek shareholder approval for a set of...


Last Day to Secure Sagarmatha Lumbini Insurance’s Cash Dividend

Kathmandu – Shareholders of Sagarmatha Lumbini Insurance Company Limited (Salico) have until the end of today to secure eligibility for the company’s proposed 15 percent cash dividend. The company will close its shareholder register tomorrow, Baisakh 17 (April 30),...


Insurance Institute of Nepal to Conduct Basic Training for Insurance Surveyors

Kathmandu — The Insurance Institute of Nepal (IIN) is set to organize a basic training program for insurance surveyors. The training will cover key areas including home, property, business and engineering insurance, motor insurance, transport insurance, and aviation insurance,...


Neco Insurance Declares 7% Dividend for Shareholders

Kathmandu — Neco Insurance Limited has announced a 7% dividend for its shareholders, following the decision made during a recent board meeting. According to the company, the board of directors approved the dividend distribution today. The proposed dividend includes...


Neco Insurance to Auction Unallocated Right Shares at Rs 100 Per Unit

Kathmandu – Neco Insurance Limited has announced the auction of 225,161.35 units of unallocated right shares starting Friday, offering the public an opportunity to purchase the shares at a minimum price of Rs 100 per unit. The auction includes...