Nepal Insurance Authority Unveils Comprehensive Policy and Program for Fiscal Year 2082/83

Kathmandu — The Nepal Insurance Authority has officially made public its policy and program for the upcoming fiscal year 2082/83, outlining a broad vision for enhancing the accessibility, transparency, and quality of insurance services across the country. During a...


Massive Landslide at Rasuwagadhi Checkpoint Could Trigger Millions in Insurance Claims

Kathmandu – A devastating landslide at the Rasuwagadhi checkpoint early this morning has swept away dozens of vehicles, causing widespread damage and triggering insurance claims worth millions of rupees. According to initial reports, a large number of electric and...


Chairman Ojha Warns of Action Against Insurance Officials Neglecting Policyholders’ Interests

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has issued a stern warning to provincial and branch heads of insurance companies, stating that strict action will be taken against those who fail to act in the interest of the...


Insurance Claim Payments Reach Nearly Rs 73 Billion in 11 Months

Kathmandu — Insurance companies in Nepal have significantly expanded their claim settlement scope, with non-life insurers in particular showing remarkable growth in the current fiscal year. According to the Nepal Insurance Authority, the total insurance claim payments by both...


Insurance Authority Warns of Action Against Delay in Claim Payments

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has said that action will be taken against insurance companies and surveyors responsible for delaying claim payments. Speaking at an insurance interaction program organized by the Chamber of Industries, Morang in...


Insurance Sector Employs Over 12,000 Amid Expanding Market and Premium Growth

Kathmandu – Nepal’s insurance industry has emerged as a key employment generator, with over 12,000 individuals currently working across 37 life and non-life insurance companies. According to data released by the Nepal Insurance Authority, 12,234 employees were engaged in...


Nepal Insurance to Issue 34.78% Right Shares

Kathmandu – Nepal Insurance Company Limited is set to issue 34.783 percent right shares starting from Shrawan 6, 2082, following approval from the Securities Board of Nepal (SEBON). The company is offering a total of 6,576,967.76 units of right...


Sanima GIC Insurance Distributes Educational Materials to School in Surkhet as Part of CSR Efforts

Kathmandu – As part of its ongoing Corporate Social Responsibility (CSR) initiatives, Sanima GIC Insurance Limited has distributed educational and utility materials worth Rs 212,000 to Shree Janajyoti Secondary School located in Panchapuri Municipality-10, Surkhet. In a program held...


Insurance Stocks Surge as NEPSE Rises; Shikhar Insurance Leads with 5.4% Gain

Kathmandu — On the last trading day of the week, Nepal’s stock market witnessed a modest upward movement, with the NEPSE index climbing by 9.14 points to close at 2703.96. The insurance sector, in particular, saw notable gains, as...


NEPSE Adjusts Share Price of United Ajod Insurance Following Bonus Announcement

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of United Ajod Insurance Limited following the company’s decision to distribute a 10 percent bonus share as part of its annual dividend. The adjustment took place on...