Kathmandu — Non-life insurance companies in Nepal have invested more than Rs 67.23 billion across various sectors during the fourth quarter of the last fiscal year 2081/82, according to the latest data published by the Nepal Insurance Authority. The...

Kathmandu — Non-life insurance companies operating in Nepal have maintained an average solvency ratio of 3.29, well above the minimum requirement set by the Nepal Insurance Authority. The figure, based on the financial statements of the last quarter of...

Kathmandu — The much-anticipated NADA Auto Show 2025 has kicked off in the capital, attracting automobile enthusiasts eager to explore the latest cars and motorcycles. Yet, the spotlight is not only on new vehicles — the stall of Shikhar...

Kathmandu – Shikhar Insurance has introduced a new health insurance scheme, Shikhar Health Security, plan aimed at addressing rising medical expenses in Nepal. The scheme was formally launched during a program organized at Medicity Hospital on Bhadra 2 (August...

Kathmandu – The government has formally dismissed the suspended Chairman of the Nepal Insurance Authority, Sharad Ojha, less than six months after his appointment. According to a source close to the Cabinet, the decision was made at a Cabinet...

Kathmandu – Today marks the final day for Nepal Insurance Company Limited’s right share application period, giving shareholders their final chance to participate in the capital expansion. The company had received approval from the Nepal Securities Board to issue...

Kathmandu – The overall financial condition of Nepal’s non-life insurance sector weakened in the last fiscal year, with profits falling sharply due to a surge in flood-related claims. According to the financial statements of 13 listed non-life insurers, aggregate...

Kathmandu – The government is preparing to dismiss Sharad Ojha, chairman of the Nepal Insurance Authority, after an investigation concluded that the documents he submitted at the time of his appointment were fake. A committee formed by the Council...

Kathmandu – The net profit of Nepal’s non-life insurance sector fell sharply in the last fiscal year 2081/82, declining by 28.92 percent compared to the previous year. According to the financial statements published by the 14 non-life insurance companies...

Kathmandu — Nepal Insurance Company Limited has posted steady growth in key financial indicators, including premium income and profit, in the fiscal year 2081/82, according to its final quarterly financial statement released today. The country’s oldest insurance company earned...