Kathmandu – Non-life insurance companies in Nepal have collected a total of Rs 17.17 billion in premiums during the first five months of the current fiscal year. According to the data released by Nepal Insurance Authority, 14 non-life insurance...

Kathmandu – The overall stock market saw a modest gain this week, with the NEPSE index rising by 4.19 points to 2630.71. The insurance sector experienced a significant downturn as the total of 19 insurance companies witnessed sharp declines...

Kathmandu – Rastriya Beema Company has come under scrutiny over allegations of corruption and irregularities in the procurement process of core insurance software. The company is reportedly in the final stages of purchasing the software from Arihant, a firm...

Kathmandu – The Securities Board of Nepal (SEBON) is on track to approve rights shares worth over Rs 6.3 billion for seven insurance companies. This move comes as part of the Nepal Insurance Authority’s directive to increase the paid-up...

Kathmandu – NLG Insurance Company Limited has invested a total of Rs 2.88 billion in various sectors by the end of the first quarter of the current fiscal year 2081/82, according to data published by the Nepal Insurance Authority....

Kathmandu – Shikhar Insurance Company has emerged as a leader in Nepal’s non-life insurance sector, showcasing significant investments across diverse financial instruments. According to data released by the Nepal Insurance Authority, the company has prioritized investments in Class A...

Kathmandu – A recent revelation by Beemapost has exposed a shocking multi-million rupee accounting scandal at the Rastriya Beema Company, prompting serious ethical questions regarding the effectiveness of Nepal’s insurance regulatory framework. Despite frequent inspections by the Regulatory Insurance...

Kathmandu – The Nepal Non-Life Insurance Association has urged the Securities Board of Nepal (SEBON) to amend a provision that prohibits corporate directors from selling their shares for one year after resigning from their positions. The association claims that...

Kathmandu – Insurance companies in Nepal have significantly increased their investments in productive and infrastructure sectors, a shift driven by amendments in the investment guidelines introduced by the Nepal Insurance Authority. The revised guidelines, which encourage investments in agriculture,...

Kathmandu – Rastriya Beema Company, a state-owned enterprise, is under scrutiny for alleged financial irregularities and corruption. The company has reportedly prepared and approved an audit report for fiscal years 2073 to 2075 in violation of accounting standards, with...