Kathmandu — United Ajod Insurance has announced the sale of 256,310 units of promoter shares to the general public. According to the company, the shares are being offered at three different prices: 149,116 units at Rs 180 per share,...
Kathmandu – Neco Insurance Company Limited’s 50% right share offering, which began on Falgun 8 (February 20), is set to close today. The company is issuing a total of 5,030,901.55 units of right shares at a rate of Rs...
Kathmandu – Nepal’s insurance sector has emerged as a key area for employment and financial growth, with over 12,000 people currently employed in 37 operating insurance companies. According to the Nepal Insurance Authority, a total of 12,095 employees were...
Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has signed an agreement with the Seti Mahakali Truck Transport Entrepreneurs Association to provide motor insurance services for trucks affiliated with the association. The agreement was signed by Kabi Raj Poudel,...
Kathmandu – Raj Kumar Khadka has been appointed as the Company Secretary of Himalayan Everest Insurance. The decision was made during the meeting held on Chaitra 11 (March 24). According to the Company, Khadka’s appointment has been taken effect...
Kathmandu – Shangrila Ply Industry in Dang, Ghorahi Sub-metropolitan City-9, which was severely damaged by a fire, is insured with National Insurance for Rs 350 million. The fire, which broke out around 2 a.m. on Sunday due to an...
Kathmandu – Non-life insurance companies operating in Nepal have earned a total insurance premium of Rs 28.6 billion during the first eight months of the current fiscal year. This includes from 14 non-life insurance companies and four non-life microinsurance...
Kathmandu – Four non-life microinsurance companies in Nepal have earned a total insurance premium of more than Rs 579.6 million in the first eight months of the current fiscal year 2081/082. According to the data released by the Nepal...
Kathmandu – Non-life insurance companies in Nepal have recorded a total business of Rs 28.02 billion in the first eight months of the current fiscal year 2081/082, reflecting a 7.12 percent increase compared to the same period last year....
Kathmandu – Non-life insurance companies in Nepal earned a total insurance premium of Rs 3.75 billion 47 million in the month of Falgun (mid-February to mid-March), reflecting a 2.92 percent increase compared to the same month last fiscal year....