Kathmandu – A total of 19 insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the fiscal year 2080/81, signaling stable performance across Nepal’s insurance sector despite mounting capital pressures. Among them,...

Kathmandu — Prabhu Insurance Limited has issued a public notice requesting all insured individuals with pending claims up to end of Chaitra 2081 (mid-April) to complete the necessary procedures and receive their payments. The company has provided a 35-day...

Kathmandu — The Nepal Insurance Authority (NIA) has officially brought into operation a dedicated courtroom at its central office in Kupandol, Lalitpur. The courtroom began functioning from Jestha 21 (5th June), aiming to streamline the hearing and resolution of...

Kathmandu, June 2 – The Nepal Stock Exchange (NEPSE) has officially listed the 10 percent bonus shares of Shikhar Insurance Company Ltd. A total of 2,681,518 bonus shares have been listed, making them eligible for trading in the secondary...

Kathmandu — Nepal’s non-life insurance industry has witnessed a 6.763 percent growth in business compared to the same period last fiscal year. According to data released by the Nepal Insurance Authority, the total insurance premium collected by non-life insurers...

Kathmandu — Nepal’s non-life insurance companies have collectively earned Rs 35.5 billion in insurance premiums over the first 10 months of the current fiscal year, according to data released by the Insurance Authority. Shikhar Insurance Company collected Rs 4.68...

Kathmandu — Chandra Singh Saud has been appointed as the Chairman of the Board of Directors of Nepal Insurance Company Limited. The decision was made during a board meeting held on 12th Jestha (May 26). The board meeting unanimously...

Kathmandu — Himalayan Everest Insurance Limited has announced a three-day virtual training program for aspiring non-life insurance agents, scheduled from Ashad 17 to 19 ( July 1 to 3) . The training will run daily from 9:30 AM to...

Kathmandu — A recent directive from the Nepal Insurance Authority (NIA) has raised serious concerns among insurance companies after they were asked to pay hefty fines for failing to comply with regulatory requirements under the Insurance Act. More than...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (SALICO) has announced the sale of 482,276 units of promoter shares. The shares are currently open only to the company’s existing promoter shareholders. According to the company, interested promoter shareholders must submit...