Kathmandu – A significant portion of Nepalese population remains outside the insurance network, with 56.06% of people not accessing any insurance services, according to the recent data from the Nepal Insurance Authority (NIA). As of end of the Magh...

Kathmandu – Siddhartha Premier Insurance Limited has started distributing a 30% cash dividend (including tax) to its shareholders from February 27, following approval at its general meeting on the same day. The company had closed its book on February...

Kathmandu – The Karnali provincial government has launched the ‘Ghar Beema’ program to provide financial relief to residents who lose their homes due to natural disasters. To address delays in reconstruction, the government has introduced this program, which insures...

Kathmandu – Siddhartha Premier Insurance Limited held its 31st Annual General Meeting (AGM) at Lisara Reception in Naxal, Kathmandu. The meeting, which commenced on February 27 , approved key financial and operational decisions for the company. One of the...

Kathmandu – Insurance companies in Nepal must now maintain risk-based capital in addition to the minimum paid-up capital set by regulatory authorities. This requirement is outlined in the Insurance Regulations 2081, recently published in the Gazette. The new regulation...

Kathmandu – Sharad Ojha has officially assumed office as the chairman of the Nepal Insurance Authority following his appointment by the government. The Cabinet meeting held on Monday, under the leadership of Prime Minister KP Sharma Oli, decided to...

Kathmandu – Shikhar Insurance Company Limited successfully conducted its 20th Annual General Meeting (AGM) at its central office in Thapathali, Kathmandu. The meeting, chaired by Chairman Gaurav Agarwal, approved key financial resolutions, including a 10% bonus share distribution and...

Kathmandu – Shikhar Insurance Company Limited is conducting its 20th Annual General Meeting (AGM) today at 11 AM at its central office in Thapathali, Kathmandu. As per the board of directors’ decision, the AGM will discuss a proposal to...

Kathmandu – Today marks the final opportunity for investors to secure dividends from IME Life Insurance as well as Himalayan Everest Insurance. Both two companies are set to close their books on February 27. Since the Nepal Stock Exchange...

Kathmandu – IGI Prudential Insurance Limited has recently conducted a training and seminar on compliance and Anti-Money Laundering and Countering the Financing of Terrorism (AML CFT). The event took place at Balthali Village Resort, Kavrepalanchok, in the presence of...