Kathmandu – Insurance companies in Nepal have reported claims amounting to Rs 12.86 billion due to damages caused by floods and landslides following incessant rains in the month of September last year. According to the Nepal Insurance Authority, a...

Kathmandu – Oriental Insurance Company Limited has invested a total of Rs 3.33 billion in various sectors by the end of the first quarter of the current fiscal year, according to data released by the Nepal Insurance Authority. The...

Kathmandu – Madan Dahal, Chairman of the Nepal Insurance Authority, has reaffirmed his commitment to strict regulatory measures against companies involved in misconduct. Speaking at a press conference on Wednesday, Dahal emphasized his determination to bring about tangible reforms...

Kathmandu -Neco Insurance Company Limited has made significant investments totaling Rs 6.44 billion in various sectors by the end of the first quarter of the current fiscal year. According to data released by the Nepal Insurance Authority, the company...

Kathmandu – The government-owned Rastriya Beema Company has come under scrutiny for submitting audit reports that do not meet the required standards set by the Insurance Authority. The company has reportedly failed to include the mandatory long-form audit report...

Kathmandu – Non-life insurance companies in Nepal have received claims amounting to Rs 12.88 billion due to the devastation caused by recent floods and landslides. According to the Nepal Insurance Authority, 3,673 claims have been filed as of December...

Kathmandu – A case involving a fraudulent insurance claim of Rs 68.8 million at Rastriya Beema Company Limited remains unaddressed, even after the Nepal Insurance Authority recommended action against those involved. The scandal revolves around an exaggerated claim settlement...

Kathmandu – Nepal Insurance Company Limited has invested a total of over Rs 4.26 billion across various sectors by the end of the first quarter of the current fiscal year, according to data released by the Nepal Insurance Authority....

Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance premiums exceeding Rs 17.51 billion across all seven provinces as of Mangsir (Mid- December), according to the Nepal Insurance Authority. The companies have generated this revenue through various...

Kathmandu – Nepal Insurance Authority has announced a new provision allowing insurance companies to purchase non-real estate fixed assets without requiring regulatory approval. However, the board has imposed stricter regulations on investments in high-risk areas. As per the draft...