Nepal Insurance Company Issues Rights Shares Without Regulatory Approval

Kathmandu – Nepal Insurance Company has issued rights shares without obtaining prior approval from the Insurance Authority, the regulatory body overseeing insurance companies in Nepal. On Ashar 20 (July 4), the company published a notice announcing the issuance of...


IGI Prudential Insurance Partners with Frontline Hospital for Cashless Medical Services

Kathmandu — IGI Prudential Insurance Limited has entered into a service agreement with Nobel College of Health and Education Foundation Pvt. Ltd. (operating Frontline Hospital, Old Baneshwor) to provide cashless hospitalization services to its medical insurance policyholders. The agreement...


Rastriya Beema Company Launches Group Accident Insurance in Balan-Bihul Rural Municipality

Kathmandu — Rastriya Beema Company Limited, Lahan Branch, has launched a group accident insurance program for employees and public representatives of Balan-Bihul Rural Municipality in Madhesh Province—marking the first such initiative in the area. The rural municipality has insured...


United Ajod Insurance Concludes 31st AGM, Approves Dividend and Capital Plans

Kathmandu – United Ajod Insurance Limited has successfully concluded its 31st Annual General Meeting (AGM) at Amrapali Banquet Catering and Event Pvt. Ltd., Bhatbhateni, Kathmandu. The AGM approved a proposal to distribute 10 percent bonus shares worth Rs. 210...


Nepal Insurance’s 15% Bonus Shares Listed on NEPSE, Trading Starts Monday

Kathmandu — Nepal Insurance Company Limited’s 15 percent bonus shares have been officially listed on the Nepal Stock Exchange (NEPSE). According to NEPSE, a total of 24,66,362.91 units of bonus shares have been listed. These shares were distributed as...


Rastriya Beema Company Concludes Third Annual General Meeting, Reviews Two Fiscal Years

Kathmandu – The third annual general meeting (AGM) of government-owned Rastriya Beema Company Limited (RBCL) was successfully held today at Anmol Catering Services Pvt. Ltd. in Shankhamul. The meeting was chaired by Dinesh Upadhyaya, Chairman of the company’s Board...


Neco Insurance Opens Sale of Over 1.1 Million Promoter Shares

Kathmandu — Neco Insurance Company Limited has announced the sale of 1,109,769 units of promoter shares, inviting interested promoter shareholders to purchase the shares within a 35-day window. According to the company, promoter shareholders must submit their applications at...


COVID-19 Insurance Claims Depend on Government Decision, Says Insurance Authority Chairman

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has clarified that the payment of claims related to COVID-19 insurance is not within the jurisdiction of the regulatory body, stating that the matter now lies under the responsibility of the...


Himalayan Everest Insurance Wins Two Prestigious International Awards in Singapore

Kathmandu – Nepal’s leading non-life insurer, Himalayan Everest Insurance (HEI), has added another milestone to its record of achievements by securing two prestigious international awards at a ceremony held in Singapore on July 9, 2025. The company was honored...


Sanima GIC Insurance Supports Three Pokhara Schools with Educational and Sports Materials

Kathmandu — As part of its corporate social responsibility, Sanima GIC Insurance Limited has provided educational and sports materials to three schools in Pokhara Metropolitan City, Gandaki Province. On Ashar 23 (July 7), the company handed over 15 sets...