Nepal Insurance Authority Introduces Pig Insurance Policy

Kathmandu – The Nepal Insurance Authority has taken a significant step in expanding its insurance offerings with the introduction of a pig-specific insurance policy. The decision, which was issued on Poush 4 (December 19, 2024), marks a shift from...


NAFIJ Insures Rs 165 Million Group Accident Coverage for Members

Kathmandu – The Nepal Association of  Financial Journalists (NAFIJ) has taken a historic step to ensure the safety and well-being of its members by providing group accident insurance worth Rs 165 million. This initiative covers 235 NAFIJ members and...


Rastriya Beema Company Concludes AGM; Shareholders Raise Concerns Over Reinsurance

Kathmandu – The second annual general meeting of the government-owned Rastriya Beema Company Limited was held at Anmol Catering Services Pvt. Ltd., Shankhamul, Kathmandu today, where shareholders raised critical concerns over the company’s financial management and practices. A significant...


Rastriya Beema Company to Discuss Financial Reports at AGM Today

Kathmandu – The second annual general meeting of the government-owned Rastriya Beema Company Limited is being held today at Anmol Catering Services Pvt. Ltd., Shankhamul, Kathmandu. Despite the weight of unresolved complaints and non-compliance with auditing principles, the meeting...


National Insurance Company Invests Rs 2.75 Billion in First Quarter

Kathmandu – National Insurance Company Limited has made significant investments totaling Rs 2.75 billion across various sectors in the first quarter of the current fiscal year. According to data from the Nepal Insurance Authority, the company has allocated the...


Nepal Insurance Company Auctions Promoter Shares

Kathmandu – Nepal Insurance Company Limited has announced the auction of 21,133 units of promoter group shares. The auction is open exclusively to the company’s existing promoter shareholders. The minimum price per share has been set at NPR 180,...


Nepal Insurance Authority Holds Critical Discussions with Insurance CEOs

Kathmandu – The Nepal Insurance Authority convened a high-level meeting on Sunday, bringing together chief executive officers (CEOs) of both life and non-life insurance companies operating in the country. The discussions, led by the authority’s chairman Madan Dahal, focused...


Flood and Landslide Insurance Claims Reach Rs 12.86 Billion

Kathmandu – Insurance companies in Nepal have reported claims amounting to Rs 12.86 billion due to damages caused by floods and landslides following incessant rains in the month of September last year. According to the Nepal Insurance Authority, a...


Oriental Insurance Invests Rs 3.33 Billion Across Various Sectors

Kathmandu – Oriental Insurance Company Limited has invested a total of Rs 3.33 billion in various sectors by the end of the first quarter of the current fiscal year, according to data released by the Nepal Insurance Authority. The...


Nepal Insurance Authority Chairman Vows Strict Action Against Errant Companies

Kathmandu – Madan Dahal, Chairman of the Nepal Insurance Authority, has reaffirmed his commitment to strict regulatory measures against companies involved in misconduct. Speaking at a press conference on Wednesday, Dahal emphasized his determination to bring about tangible reforms...