Kathmandu – Non-life insurance companies operating in Nepal have earned over Rs 28 billion in insurance premiums in the first eight months of the current fiscal year. According to the financial statements released by the Nepal Insurance Authority on...

Kathmandu – A seminar on risk management and contemporary issues in insurance was held in Dhangadhi on Saturday, organized by the Nepal Insurance Professional Society (NIPS) in collaboration with the Nepal Insurance and Risk Management Association (NIRMA). Prakash Bam,...

Kathmandu – Neco Insurance Company has extended the deadline for applying for its right shares to Chaitra 14 (March 27). The original deadline, which was set for Falgun 28 (March 12), was pushed back due to insufficient applications. Neco...

Kathmandu – The share price of Sanima GIC Insurance has been adjusted on the Nepal stock Exchange (NEPSE) following the company’s book closure for its general meeting and dividend distribution. NEPSE has accounted for the issuance of 7.50 percent...

Kathmandu – The Nepal Insurance Authority has introduced a new framework to simplify and streamline the foreign exchange settlement process for reinsurance purposes. The new guidelines mandate non-life insurance companies to submit the required documents for foreign currency exchange....

Kathmandu – Today is the last day for shareholders of Sanima GIC Insurance Limited to secure their dividend. The company is set its book closure for the seventh annual general meeting (AGM) and dividend distribution on March 21. Only...

Kathmandu – The stock market witnessed a double-digit decline on Wednesday, with the NEPSE index falling by 14.88 points to close at 2682.15 points. The drop was driven largely by a significant decrease in the prices of insurance company...

Kathmandu – The Nepal Insurance Authority has instructed all life insurance, non-life insurance, and reinsurance companies to establish an “Investment Management Unit” under the leadership of senior management personnel with relevant investment experience. According to the Authority, the companies...

Kathmandu – Upper Tamakoshi Hydropower Limited has announced plans to insure its assets and has invited interested insurance companies to submit sealed proposals. The company issued a public notice requesting qualified companies to provide detailed proposals within the specified...

Kathmandu – Today marks the final day for shareholders of Nepal Insurance Company Limited to secure dividends for the current financial year. The company will close its book on March 20 for the purpose of the 76th Annual General...