Neco Insurance to Auction Unallocated Right Shares

Kathmandu – Neco Insurance Limited has announced the auction of its unallocated right shares starting Baisakh 12 (April 25). These shares remained unsold following the company’s right share issuance held from Falgun 8 to Chaitra 24 (February 20 –...


Insurance Awareness Program Held in Tamankhola, Baglung

Kathmandu – The Nepal Insurance Authority Gandaki Province Office organized an insurance awareness and interaction program in Tamankhola Rural Municipality, Baglung. The event, jointly hosted by the Authority’s Gandaki Office and the rural municipality, focused on agricultural insurance, group...


IPPAN Presses Insurance Authority to Enforce Detariff Agreement for Hydropower Projects

Kathmandu — The Independent Power Producers’ Association of Nepal (IPPAN) has called on the Insurance Authority to act on a long-pending agreement aimed at detariffing insurance premiums for hydropower projects. Despite a mutual understanding reached between IPPAN and the...


Siddhartha Premier Insurance Pays Rs 2.91 Billion in Claims in Current Fiscal Year

Kathmandu – Siddhartha Premier Insurance Limited has paid out a total of Rs 2.91 billion in insurance claims so far in the current fiscal year 2081/82, settling 11,382 claims across various categories. According to the company, Rs 873.1 million...


Siddhartha Premier Insurance Assigned [ICRANP-IR] A Rating by ICRA Nepal

Kathmandu – Siddhartha Premier Insurance Limited has been assigned an [ICRANP-IR] A rating by ICRA Nepal, signifying an adequate degree of safety regarding the timely servicing of financial obligations. The rating, regarded as a significant milestone, is a testament...


Neco Insurance Allots Over 5 Million Right Shares, Unsold Units Headed for Auction

Kathmandu – Neco Insurance Limited has successfully allotted 5,030,901.55 units of right shares issued in a 4:1 ratio from Falgun 8 to Chaitra 14 (February 20 – March 27). The allotment took place on Chaitra 31 (April 13). The...


Siddhartha Premier Insurance Organizes Awareness Program in Rajbiraj

Kathmandu – Siddhartha Premier Insurance Limited, recently honored with the title of “Non-Life Insurance of the Year 2025,” conducted an insurance promotion program in Rajbiraj, Saptari district to enhance awareness about non-life insurance services. The program aimed to disseminate...


Non-Life Insurance Professionals Call for Policy Revisions on Shares and Reinsurance Allocation

Kathmandu — The Nepal Non-Life Insurance Professionals Association has called for critical policy reforms in the insurance sector during a formal meeting with newly appointed Insurance Authority Chairman Sharad Ojha today. The Association Chairman Rajendra Malla, congratulated Chairman Ojha...


Sagarmatha Lumbini Insurance Announces 15% Cash Dividend to Shareholders

Kathmandu — Sagarmatha Lumbini Insurance Limited has declared a 15 percent cash dividend, including tax, from the profits of the previous fiscal year. The decision was made during a meeting of the company’s board of directors held on Chaitra...


Shikhar Insurance Sets Record by Settling Tinkune Incident Claims Within 13 Days

Kathmandu — At a time when delays in insurance claim settlements are often the norm, Shikhar Insurance Company has set a new benchmark by clearing all claims related to the Tinkune incident of Chaitra 15 within just 13 days....