Kathmandu – Rastriya Beema Company, is currently facing a serious financial crisis after suffering losses exceeding Rs 1 billion. With a paid-up capital of just Rs 266.6 million, the company’s financial stability is now in question. The crisis stemmed...

Kathmandu – Non-life insurance companies in Nepal reported a total premium income of Rs 17.17 billion during the first five months of the current fiscal year, marking a 9.27 percent increase compared to Rs 15.72 billion in the same...

Kathmandu – Non-life insurance companies in Nepal earned a total premium income of Rs 3.8 billion in Mangsir, marking a 3.01 percent increase compared to the same month last year. The data, published by the Nepal nsurance Authority, revealed...

Kathmandu – Non-life insurance companies in Nepal have collected a total of Rs 17.17 billion in premiums during the first five months of the current fiscal year. According to the data released by Nepal Insurance Authority, 14 non-life insurance...

Kathmandu – The overall stock market saw a modest gain this week, with the NEPSE index rising by 4.19 points to 2630.71. The insurance sector experienced a significant downturn as the total of 19 insurance companies witnessed sharp declines...

Kathmandu – Rastriya Beema Company has come under scrutiny over allegations of corruption and irregularities in the procurement process of core insurance software. The company is reportedly in the final stages of purchasing the software from Arihant, a firm...

Kathmandu – The Securities Board of Nepal (SEBON) is on track to approve rights shares worth over Rs 6.3 billion for seven insurance companies. This move comes as part of the Nepal Insurance Authority’s directive to increase the paid-up...

Kathmandu – NLG Insurance Company Limited has invested a total of Rs 2.88 billion in various sectors by the end of the first quarter of the current fiscal year 2081/82, according to data published by the Nepal Insurance Authority....

Kathmandu – Shikhar Insurance Company has emerged as a leader in Nepal’s non-life insurance sector, showcasing significant investments across diverse financial instruments. According to data released by the Nepal Insurance Authority, the company has prioritized investments in Class A...

Kathmandu – A recent revelation by Beemapost has exposed a shocking multi-million rupee accounting scandal at the Rastriya Beema Company, prompting serious ethical questions regarding the effectiveness of Nepal’s insurance regulatory framework. Despite frequent inspections by the Regulatory Insurance...