Aviation insurance premiums in India are expected to increase by 5–10 percent in the fiscal year 2026/27 (FY27), following a surge in claims stemming from a series of recent aviation accidents, most notably the Air India AI-171 crash in...

Kathmandu — Outstanding insurance claims of non-life insurance companies in Nepal have surged sharply, with the total pending amount exceeding Rs 30 billion, according to the Nepal Insurance Authority. By the end of Baisakh in the current fiscal year,...

Kathmandu – The right shares of Neco Insurance Company Limited have been officially listed on the Nepal Stock Exchange (NEPSE). The listing took place on Thursday, paving the way for secondary market trading to commence from Sunday. A total...

Mumbai (ET) — The recent crash of an Air India Boeing 787 Dreamliner near Ahmedabad is expected to result in India’s largest aviation insurance payout in Indian history, with total claims projected to surpass $120 million. The tragic incident,...

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share price of Nepal Insurance Company Limited following the issuance of its right shares. The adjustment was carried out on Thursday, reflecting the 34.7826087 percent right shares issued by...

Kathmandu – NLG Insurance Company Limited successfully concluded its 19th Annual General Meeting (AGM) today at Amrapali Banquet, Baluwatar, Kathmandu. The meeting was held under the chairmanship of Mr. Bimal Prasad Wagle, Chairman of the Board of Directors. During...

Kathmandu — Today marks the final day for shareholders to secure eligibility for the upcoming right share issuance of Nepal Insurance Company Limited. As the company prepares book closure on Jestha 30 (June 13), only those investors who are...

Kathmandu – The Nepal Insurance Authority (NIA) organized a high-level interaction program on Tuesday in Kathmandu with chairpersons and board members of non-life insurance companies to address pressing issues in the insurance sector and chart a path toward institutional...

Kathmandu – Life insurance coverage in Nepal has reached an all-time high, with 47.39 percent of the population now under some form of life insurance protection, according to the latest data published by the Nepal Insurance Authority (NIA) as...

Kathmandu — Suspicious transactions within Nepal’s insurance sector have more than doubled annually, raising fresh concerns about money laundering risks and exposing regulatory weaknesses in oversight mechanisms. Despite provisions requiring insurance companies to establish dedicated departments to combat money...