Kathmandu — Chandra Singh Saud has been appointed as the Chairman of the Board of Directors of Nepal Insurance Company Limited. The decision was made during a board meeting held on 12th Jestha (May 26). The board meeting unanimously...

Kathmandu — Himalayan Everest Insurance Limited has announced a three-day virtual training program for aspiring non-life insurance agents, scheduled from Ashad 17 to 19 ( July 1 to 3) . The training will run daily from 9:30 AM to...

Kathmandu — A recent directive from the Nepal Insurance Authority (NIA) has raised serious concerns among insurance companies after they were asked to pay hefty fines for failing to comply with regulatory requirements under the Insurance Act. More than...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (SALICO) has announced the sale of 482,276 units of promoter shares. The shares are currently open only to the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit...

Kathmandu — Life and non-life insurance companies in Nepal have collectively disbursed over Rs. 62 billion in claims during the third quarter of the current fiscal year, according to the latest report from the Nepal Insurance Authority. The Authority’s...

Kathmandu — Shikhar Insurance Company Ltd. has secured a ‘Double A Minus’ credit rating from ICRA Nepal, marking it as the strongest and most secure non-life insurance company in the country outside of government and foreign investment. According to...

Kathmandu — Neco Insurance Limited has approved a dividend proposal at its 29th Annual General Meeting (AGM), held on Friday at Lisara Reception, Naxal. The meeting endorsed the distribution of 7 percent bonus shares on the paid-up capital along...

Kathmandu — The government is set to enforce a new policy mandating home insurance as a prerequisite for obtaining a house construction plan completion certificate in urban areas. The provision is part of an action plan based on recommendations...

Kathmandu – Sanima GIC Insurance Limited is set to organize a three-day training program for aspiring non-life insurance agents from Jestha 20 to 22 (June 3 to 5). According to the company, individuals who have completed their Plus Two...

Kathmandu – Insurance companies in Nepal have invested over Rs 800 billion across various sectors during the third quarter of the current fiscal year, according to the Nepal Insurance Authority. Life insurance companies have made a total investment of...