Kathmandu – The Nepal Insurance Authority (NIA) has called on insurance companies to significantly enhance their use of information technology and strengthen data management practices to promote the growth and transparency of the insurance sector. Speaking at a discussion...

Kathmandu — ICRA Nepal has assigned an issuer rating of ‘ICRA NP IR A’ to Sagarmatha Lumbini Insurance Company Limited (Salico), reflecting the company’s strong financial fundamentals and timely debt servicing capabilities. The ‘A’ category rating denotes that Salico...

Kathmandu – Investors eyeing the dividend benefits from United Ajod Insurance Limited must purchase shares by the end of trading today, Ashar 18 (July 2), to qualify. The company’s has its book closure on Ashar 19 (July 3) in...

Kathmandu — Concerns are mounting over the Nepal Insurance Authority’s delay in investigating a share conversion controversy involving Salico Insurance, formerly Sagarmatha General Insurance Company. A complaint alleging large-scale irregularities in the conversion of promoter shares into general shares...

Kathmandu —General Insurance Association Nepal (GIAN) has formally requested the Nepal Insurance Authority to address several challenges within the country’s insurance regulatory framework, particularly concerning reinsurance and reserve fund provisions. In a statement issued by the association, concerns were...

Kathmandu — The Nepal Insurance Authority has issued a strong warning to insurance companies following a surge in complaints from policyholders about delays and unfair treatment. In a circular released on Tuesday, the Authority instructed insurers to settle claims...

Kathmandu, – Non-life insurance companies in Nepal have collected insurance premiums worth Rs 39.88 billion by the end of Jestha (mid-June) of the current fiscal year, largely driven by motor and property insurance policies made mandatory by the government....

Kathmandu – Non-life insurance companies operating in Nepal have collectively earned nearly Rs 4 billion in insurance premiums during the month of Jestha (mid-May to mid-June), reflecting a healthy growth in the general insurance sector. According to the latest...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited has been recognized as the “Best Managed General Insurance Company” at the ninth edition of the NewBiz Conclave and Business Excellence Awards 2025, organized by New Business Age Limited in Kathmandu. The...

Kathmandu – The insurance premium income of non-life insurance companies in Nepal has increased by 7.44% in the first 11 months of the current fiscal year. According to financial data published by the Nepal Insurance Authority, 14 non-life insurance...