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....

Kathmandu – United Ajod Insurance Limited has appointed Wilson Mann Ranjit as a member of its board of directors. The decision was made during the company’s board meeting held on Ashad 2 (June 16). Ranjit has been appointed to...

Kathmandu  — Neco Insurance Limited has successfully distributed the right shares issued from Falgun 8 to Chaitra 14, 2081 (February 20 to March 27, 2025) and deposited them into the demat accounts of eligible shareholders. The insurance company had...

Kathmandu — The Nepal Insurance Authority held an interactive session on Monday to mark one year since the implementation of the Risk-Based Capital (RBC) framework in the Nepali insurance sector. The event brought together key stakeholders, including CEOs of...

Aviation insurance premiums in India are expected to increase by 5–10 percent in the fiscal year 2026/27 (FY27), following a surge in claims stemming from a series of recent aviation accidents, most notably the Air India AI-171 crash in...

Kathmandu — Outstanding insurance claims of non-life insurance companies in Nepal have surged sharply, with the total pending amount exceeding Rs 30 billion, according to the Nepal Insurance Authority. By the end of Baisakh in the current fiscal year,...

Kathmandu – The right shares of Neco Insurance Company Limited have been officially listed on the Nepal Stock Exchange (NEPSE). The listing took place on Thursday, paving the way for secondary market trading to commence from Sunday. A total...

Mumbai (ET) — The recent crash of an Air India Boeing 787 Dreamliner near Ahmedabad is expected to result in India’s largest aviation insurance payout in Indian history, with total claims projected to surpass $120 million. The tragic incident,...

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share price of Nepal Insurance Company Limited following the issuance of its right shares. The adjustment was carried out on Thursday, reflecting the 34.7826087 percent right shares issued by...

Kathmandu – NLG Insurance Company Limited successfully concluded its 19th Annual General Meeting (AGM) today at Amrapali Banquet, Baluwatar, Kathmandu. The meeting was held under the chairmanship of Mr. Bimal Prasad Wagle, Chairman of the Board of Directors. During...