Over Rs 14.5 Million in Insurance Claims Paid After Tinkune Incident, Majority Still Pending

Kathmandu — Non-life insurance companies in Nepal have disbursed over Rs 14.5 million in compensation following the violent clashes and property damage during the royalist movement in Tinkune on Chaitra 15, 2081 (March 30, 2025) . According to data,...


Rastriya Beema Company Announces Date for Third Annual General Meeting

Kathmandu — Rastriya  Beema Company Limited has announced that it will hold its third Annual General Meeting (AGM) on Ashar 29, 2082 (July 13, 2025). The decision was made during a recent meeting of the company’s Board of Directors...


Nepal Insurance Authority Koshi Province Conducts Specialized Training for Non-Life Insurance Employees

Kathmandu — The Koshi Province Office of the Nepal Insurance Authority organized a one-day training session focused on Engineering and Marine Insurance, as well as Motor and Property Claim Settlement Processes, on Thursday. The training aimed to enhance technical...


Experts Call for Urgent Reform in Hydropower Insurance Policy

Kathmandu – Stakeholders in Nepal’s insurance and energy sectors have called for the immediate formulation of a new, comprehensive insurance policy tailored specifically to the hydropower sector, warning that the current system is putting billions of rupees in investment...


General Insurance Association of Nepal Urges Review of Share Trading Ban for Directors

Kathmandu – General Insurance Association of Nepal (GIAN) has officially called on regulatory bodies to amend the rule that restricts company directors from trading shares during their tenure and for one year after leaving office, terming it impractical and...


United Ajod Insurance Declares 10% Bonus Shares and Cash Dividend

Kathmandu – United Ajod Insurance Limited has announced a dividend proposal for its shareholders, subject to regulatory and shareholder approval. According to the company, a meeting of its Board of Directors held on Ashar 4 (June 18) decided to...


Siddhartha Premier Insurance Urges Insureds to Claim Pending Payments

Kathmandu – Siddhartha Premier Insurance Limited has issued a public notice urging policyholders to collect their pending insurance claim payments. According to the company, insured individuals who have submitted claims but have not received payment by the end of...


Insurance Authority Tightens Grip on Illegal Cashback Practices in Non-Life Insurance

Kathmandu – An ongoing investigation into unauthorised cashback practices has sent shockwaves through Nepal’s non-life insurance industry, with the Insurance Authority intensifying its oversight and aiming to eliminate the practice entirely. Cashback—an illegal incentive offered to secure large insurance...


NLG Insurance Appoints Auditor for Current Fiscal Year

Kathmandu — NLG Insurance Company Limited has appointed an external auditor for the current fiscal year during its 19th Annual General Meeting (AGM) held on Jestha 29 (June 12). The meeting approved the appointment of S. C. Lal Associates...


Siddhartha Premier Insurance Settles Over Rs 2.43 Billion in Claims in FY 2081/82

Kathmandu – Siddhartha Premier Insurance Limited has paid a total of Rs 2.43 billion to settle 14,194 insurance claims in the 11 months of the fiscal year 2081/82. The company received a total of 15,480 claims during the period....