Sagarmatha Lumbini Insurance Pays Rs 425 Million Insurance Claim to Panchthar Power

Kathmandu – Sagarmatha Lumbini Insurance (Salico) has settled an insurance claim of Rs 425 million to Panchthar Power Company Limited. The payment covers losses incurred under Panchthar Power’s schemes. Salico’s Chief Executive Officer (CEO), Chunky Chhetri, handed over the...


Shikhar Insurance Unveils Thematic Film Celebrating 20 Years

Kathmandu – Shikhar Insurance Company Limited has released a thematic film marking its 20th anniversary. The film highlights the resilience, trust, and confidence customers have shown in the company over the past two decades. According to Shikhar Insurance, the...


United Ajod Insurance Appoints Two General Managers and a Chief Manager

Kathmandu – United Ajod Insurance has appointed Sanjay Aryal and Kashi Nath Burlakoti as the company’s new general managers. Additionally, Dhiraj Dhungana has been entrusted with the role of chief manager. Sanjay Aryal brings 26 years of experience in...


Insurance Companies Provide Traffic Safety Equipment to Nepal Police

Kathmandu – Various insurance companies operating in Lumbini Province have provided traffic safety equipment to the Nepal Police Highway Safety and Traffic Management Office, Butwal. The equipment was handed over in coordination with the Nepal Insurance Authority Lumbini Province...


Nepal Insurance Authority to Establish Formal Bench for Insurance Claim Hearings

Kathmandu – The Nepal Insurance Authority has announced plans to establish a formal bench to address issues related to insurance claims. According to the decision made by the Authority, the new system will come into effect from the 1st...


11 Insurance Companies Declare Dividends from Last Financial Year’s Profits

Kathmandu – Eleven insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the last financial year 2080/81. Among them, five are life insurance companies and six are non-life insurance companies. This period,...


Neco Insurance Extends Deadline for Right Shares Application

Kathmandu – Neco Insurance Limited has extended the deadline for applying for its right shares until March 27. The company has decided to provide additional time for shareholders to participate in the offering. Neco Insurance is offering right shares...


Himalayan Everest Insurance Concludes AGM, Approves 8.75% Cash Dividend

Kathmandu – Himalayan Everest Insurance Limited held its 31st Annual General Meeting (AGM) today at Anmol Banquet in Shankhamul, Kathmandu. During the meeting, the company approved the board of directors’ proposal to distribute an 8.75% cash dividend, including tax,...


Last Day to Apply for IGI Prudential Insurance Founder Shares Auction

Kathmandu – Today marks the final day to apply for the purchase of 80,000 founder shares of IGI Prudential Insurance Limited, which have been made available for sale through auction starting from March 4. The company has set the...


Sanima GIC Insurance to Hold 7th AGM, Proposes Bonus Shares and Dividends

Kathmandu – Sanima GIC Insurance Limited has scheduled its seventh annual general meeting (AGM) for April 3 at Amritbhog, Kalikasthan, Kathmandu. The meeting will begin at 11 a.m., following a decision made by the company’s board of directors during...