Kathmandu: National Insurance Company has released its financial statement for the first quarter of the current fiscal year, showing a significant downturn in its financial performance compared to the same period last year. By the end of Ashoj (mid-October),...

Kathmandu: United Ajod Insurance Limited has published its financial statement for the first quarter of the current fiscal year, revealing a significant decline in income and a shift from profit to loss. The company’s total income for the first...

Kathmandu – Non-life insurance companies in Nepal have paid a total of NPR 617 million for claims related to the devastating floods and landslides of last September. According to data from the Nepal Insurance Authority, this represents settlements for...

Kathmandu – Floods across Nepal have resulted in insurance claims amounting to NPR 11.82 billion, according to data released by the Nepal Insurance Authority as of November 13. A total of 3,418 claims have been filed across 14 non-life...

Kathmandu – Rastriya Beema Company Limited (RBCL), a government-supported insurer, is drawing criticism for delays in processing claims filed by victims of recent floods and landslides. Despite instructions from government and regulatory authorities to expedite relief, no claims have...

Kathmandu – Insurance companies in Nepal have disbursed a total of NPR 471.1 million to policyholders affected by severe flooding on September 27 and 28. Leading the charge, Shikhar Insurance has paid NPR 251.9 million, accounting for over half...

Kathmandu – Nepal’s 14 non-life insurance companies collectively reported a 9% increase in total premium earnings period of this F/Y first three months compared to the same period last fiscal year. Total non-life insurance premium increased from 10.44 billion...

Kathmandu- Asian Life Insurance Company held its Business Achievers Award 2024 ceremony in Pokhara, recognizing top-performing agents for their dedication and excellence. The three-day event at Pokhara Grand Hotel brought together over 200 attendees, celebrating achievements and promoting professional...

Kathmandu,  NLG Insurance Company Limited held its special general meeting today at Amrapali Banquet, Baluwatar, under the chairmanship of Bimal Prasad Wagle, Chairman of the Board of Directors.   The meeting approved a resolution to issue 62.56% rights shares,...

Kathmandu,  Siddharth Premier Insurance Company has contributed Rs 51 lakh to the Prime Minister’s Disaster Relief Fund as part of its corporate social responsibility efforts. The donation aims to assist with relief and reconstruction efforts following severe floods and...