Neco Insurance Distributes Right Shares, Urges Shareholders to Dematerialize Pending Holdings

Kathmandu  — Neco Insurance Limited has successfully distributed the right shares issued from Falgun 8 to Chaitra 14, 2081 (February 20 to March 27, 2025) and deposited them into the demat accounts of eligible shareholders. The insurance company had...


Nepal Insurance Authority Reviews One Year of RBC Implementation, Calls for Stronger Investment Practices and Timely Compliance

Kathmandu — The Nepal Insurance Authority held an interactive session on Monday to mark one year since the implementation of the Risk-Based Capital (RBC) framework in the Nepali insurance sector. The event brought together key stakeholders, including CEOs of...


Aviation Insurance Premiums Likely to Rise up to 10% After Air India Crash in India

Aviation insurance premiums in India are expected to increase by 5–10 percent in the fiscal year 2026/27 (FY27), following a surge in claims stemming from a series of recent aviation accidents, most notably the Air India AI-171 crash in...


Outstanding Insurance Claims of Non-Life Insurers Cross Rs 30 Billion

Kathmandu — Outstanding insurance claims of non-life insurance companies in Nepal have surged sharply, with the total pending amount exceeding Rs 30 billion, according to the Nepal Insurance Authority. By the end of Baisakh in the current fiscal year,...


Neco Insurance’s 25% Right Shares Officially Listed on NEPSE

Kathmandu – The right shares of Neco Insurance Company Limited have been officially listed on the Nepal Stock Exchange (NEPSE). The listing took place on Thursday, paving the way for secondary market trading to commence from Sunday. A total...


Air India Crash in Ahmedabad Triggers India’s Largest Aviation Insurance Claim

Mumbai (ET) — The recent crash of an Air India Boeing 787 Dreamliner near Ahmedabad is expected to result in India’s largest aviation insurance payout in Indian history, with total claims projected to surpass $120 million. The tragic incident,...


Nepal Insurance Right Shares Adjusted on NEPSE

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share price of Nepal Insurance Company Limited following the issuance of its right shares. The adjustment was carried out on Thursday, reflecting the 34.7826087 percent right shares issued by...


NLG Insurance Concludes 19th AGM, Approves Dividend and Bonus Share Distribution

Kathmandu – NLG Insurance Company Limited successfully concluded its 19th Annual General Meeting (AGM) today at Amrapali Banquet, Baluwatar, Kathmandu. The meeting was held under the chairmanship of Mr. Bimal Prasad Wagle, Chairman of the Board of Directors. During...


Last Day to Secure Right Shares of Nepal Insurance Company

Kathmandu — Today marks the final day for shareholders to secure eligibility for the upcoming right share issuance of Nepal Insurance Company Limited. As the company prepares book closure on Jestha 30 (June 13), only those investors who are...


Nepal Insurance Authority Engages Non-Life Insurance Leaders in Dialogue on Sector Reforms

Kathmandu – The Nepal Insurance Authority (NIA) organized a high-level interaction program on Tuesday in Kathmandu with chairpersons and board members of non-life insurance companies to address pressing issues in the insurance sector and chart a path toward institutional...