Kathmandu – A case involving a fraudulent insurance claim of Rs 68.8 million at Rastriya Beema Company Limited remains unaddressed, even after the Nepal Insurance Authority recommended action against those involved. The scandal revolves around an exaggerated claim settlement...

Kathmandu – Nepal Insurance Company Limited has invested a total of over Rs 4.26 billion across various sectors by the end of the first quarter of the current fiscal year, according to data released by the Nepal Insurance Authority....

Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance premiums exceeding Rs 17.51 billion across all seven provinces as of Mangsir (Mid- December), according to the Nepal Insurance Authority. The companies have generated this revenue through various...

Kathmandu – Nepal Insurance Authority has announced a new provision allowing insurance companies to purchase non-real estate fixed assets without requiring regulatory approval. However, the board has imposed stricter regulations on investments in high-risk areas. As per the draft...

Kathmandu – Rastriya Beema Company, is currently facing a serious financial crisis after suffering losses exceeding Rs 1 billion. With a paid-up capital of just Rs 266.6 million, the company’s financial stability is now in question. The crisis stemmed...

Kathmandu – Non-life insurance companies in Nepal reported a total premium income of Rs 17.17 billion during the first five months of the current fiscal year, marking a 9.27 percent increase compared to Rs 15.72 billion in the same...

Kathmandu – Non-life insurance companies in Nepal earned a total premium income of Rs 3.8 billion in Mangsir, marking a 3.01 percent increase compared to the same month last year. The data, published by the Nepal nsurance Authority, revealed...

Kathmandu – Non-life insurance companies in Nepal have collected a total of Rs 17.17 billion in premiums during the first five months of the current fiscal year. According to the data released by Nepal Insurance Authority, 14 non-life insurance...

Kathmandu – The overall stock market saw a modest gain this week, with the NEPSE index rising by 4.19 points to 2630.71. The insurance sector experienced a significant downturn as the total of 19 insurance companies witnessed sharp declines...

Kathmandu – Rastriya Beema Company has come under scrutiny over allegations of corruption and irregularities in the procurement process of core insurance software. The company is reportedly in the final stages of purchasing the software from Arihant, a firm...