Kathmandu — Shikhar Insurance Company Ltd. has secured a ‘Double A Minus’ credit rating from ICRA Nepal, marking it as the strongest and most secure non-life insurance company in the country outside of government and foreign investment. According to...

Kathmandu — Neco Insurance Limited has approved a dividend proposal at its 29th Annual General Meeting (AGM), held on Friday at Lisara Reception, Naxal. The meeting endorsed the distribution of 7 percent bonus shares on the paid-up capital along...

Kathmandu — The government is set to enforce a new policy mandating home insurance as a prerequisite for obtaining a house construction plan completion certificate in urban areas. The provision is part of an action plan based on recommendations...

Kathmandu – Sanima GIC Insurance Limited is set to organize a three-day training program for aspiring non-life insurance agents from Jestha 20 to 22 (June 3 to 5). According to the company, individuals who have completed their Plus Two...

Kathmandu – Insurance companies in Nepal have invested over Rs 800 billion across various sectors during the third quarter of the current fiscal year, according to the Nepal Insurance Authority. Life insurance companies have made a total investment of...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) is set to organize a four-day basic training session for aspiring insurance agents from Jestha 23 to 26 (June 6 to 9) . The training will be held at the company’s...

Kathmandu – Nepal Insurance Company has received approval from the Securities and Exchange Board of Nepal (SEBON) to issue 40 percent right shares of its current paid-up capital. The company is now set to issue 6,576,937.76 units of right...

Kathmandu — As the government prepares to unveil the federal budget for fiscal year 2082/83 by Jestha 15, concerns are mounting within the insurance sector over the unresolved issue of unpaid COVID-19 insurance claims. Despite four years having passed...

Kathmandu — The Department of Hydrology and Meteorology (DHM) and the Independent Power Producers’ Association, Nepal (IPPAN) have signed a Memorandum of Understanding (MoU) to establish an early warning system aimed at minimizing flood and landslide damage to hydropower...

Kathmandu – IGI Prudential Insurance Limited has called on its policyholders to complete their pending claim processes by submitting the required documents or contacting the company within the next 35 days. The company has stated that several claims submitted...