Life Insurance International   China has emerged as the global leader in electric vehicle (EV) insurance adoption, significantly outpacing other markets, according to GlobalData’s 2024 Emerging Trends Insurance Consumer Survey. The study, which gathered data from multiple countries, reveals that...

Kathmandu – The Nepal Insurance Authority has introduced new monetary loss insurance guidelines to regulate the protection of cash, cash-related equipment, and security measures within financial institutions and during transportation. The directive aims to ensure comprehensive risk coverage for...

Kathmandu – NLG Insurance Company Limited has successfully distributed shares that were offered for purchase through an auction process held from February 2 to February 9. The company had placed 320,533.22 remaining shares for auction, and after evaluating the...

Kathmandu – Neco Insurance Limited has officially opened the sale of its rights shares from today ( February 20), offering 25% of its paid-up capital to eligible shareholders. The rights shares are priced at Rs. 100 per share. The...

Kathmandu – IGI Prudential Insurance Limited has relocated its head office to Bhim Plaza Bhawan, Narayanchaur, Naxal (in front of the traffic island), within Kathmandu Metropolitan City Ward No. 1. Previously, the company operated from a building near 1905...

Kathmandu – Prabhu Insurance Limited has announced the sale of its founder shares, restricting the purchase to its existing founder shareholders. Interested shareholders must submit their applications at the company’s central office in Tinkune, Kathmandu, within the next 35...

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...

Kathmandu – Himalayan Everest Insurance Limited has announced that its 31st Annual General Meeting (AGM) will be held on Tuesday, March 11, 2025. The board of directors, in a meeting held on February 14, decided to conduct the AGM...

Kathmandu – The net insurance claim payment arrears owed by non-life insurance companies in Nepal to the insured have reached Rs 9.40 billion, according to financial statements published by 14 non-life insurance companies operating in the country. The data...