Kathmandu — In a remarkable achievement for Nepal’s non-life insurance sector, Shikhar Insurance Company Limited has become the first and only non-life insurer in the country to collect Rs 5 billion in insurance premium within just 10 months and...

Kathmandu — Despite economic challenges and structural hurdles, Nepal’s insurance sector has managed a modest yet notable growth in outreach. According to the latest report by the Nepal Insurance Authority, insurance coverage has increased by 3.83 percent, bringing the...

Kathmandu — Nepal Insurance Company Limited has revised the ratio of its upcoming right share issuance after the distribution of bonus shares led to an increase in its paid-up capital. Previously, the Nepal Securities Board (SEBON) had approved the...

Kathmandu – A one-day seminar focused on engineering insurance was successfully held in Pokhara on Saturday, bringing together industry professionals, regulators, and academics to explore emerging trends and challenges in the insurance sector. The event was jointly organised by...

Kathmandu – A total of 19 insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the fiscal year 2080/81, signaling stable performance across Nepal’s insurance sector despite mounting capital pressures. Among them,...

Kathmandu — Prabhu Insurance Limited has issued a public notice requesting all insured individuals with pending claims up to end of Chaitra 2081 (mid-April) to complete the necessary procedures and receive their payments. The company has provided a 35-day...

Kathmandu — The Nepal Insurance Authority (NIA) has officially brought into operation a dedicated courtroom at its central office in Kupandol, Lalitpur. The courtroom began functioning from Jestha 21 (5th June), aiming to streamline the hearing and resolution of...

Kathmandu, June 2 – The Nepal Stock Exchange (NEPSE) has officially listed the 10 percent bonus shares of Shikhar Insurance Company Ltd. A total of 2,681,518 bonus shares have been listed, making them eligible for trading in the secondary...

Kathmandu — Nepal’s non-life insurance industry has witnessed a 6.763 percent growth in business compared to the same period last fiscal year. According to data released by the Nepal Insurance Authority, the total insurance premium collected by non-life insurers...

Kathmandu — Nepal’s non-life insurance companies have collectively earned Rs 35.5 billion in insurance premiums over the first 10 months of the current fiscal year, according to data released by the Insurance Authority. Shikhar Insurance Company collected Rs 4.68...