Sharad Ojha Assumes Office as Chairman of Nepal Insurance Authority

Kathmandu – Sharad Ojha has officially assumed office as the chairman of the Nepal Insurance Authority following his appointment by the government. The Cabinet meeting held on Monday, under the leadership of Prime Minister KP Sharma Oli, decided to...


Shikhar Insurance Concludes 20th AGM, Approves 10% Bonus Shares

Kathmandu – Shikhar Insurance Company Limited successfully conducted its 20th Annual General Meeting (AGM) at its central office in Thapathali, Kathmandu. The meeting, chaired by Chairman Gaurav Agarwal, approved key financial resolutions, including a 10% bonus share distribution and...


Shikhar Insurance to Hold 20th AGM Today, Proposes 10% Bonus Shares

Kathmandu – Shikhar Insurance Company Limited is conducting its 20th Annual General Meeting (AGM) today at 11 AM at its central office in Thapathali, Kathmandu. As per the board of directors’ decision, the AGM will discuss a proposal to...


Last Day to Secure Dividends of Two Insurance Companies

Kathmandu – Today marks the final opportunity for investors to secure dividends from IME Life Insurance as well as Himalayan Everest Insurance. Both two companies are set to close their books on February 27. Since the Nepal Stock Exchange...


IGI Prudential Insurance Conducts AML/CFT Training

Kathmandu – IGI Prudential Insurance Limited has recently conducted a training and seminar on compliance and Anti-Money Laundering and Countering the Financing of Terrorism (AML CFT). The event took place at Balthali Village Resort, Kavrepalanchok, in the presence of...


Non-Life Insurance Sector Sees 7.80% Growth; Shikhar, Oriental, and Nepal Insurance Lead Expansion

Kathmandu – The non-life insurance sector in Nepal has witnessed a steady growth of 7.80% in the first seven months. According to the latest data released by the Nepal Insurance Authority, the total business has reached NPR 24.27 billion...


Non-Life Insurance Companies Earn Over Rs 24 Billion in Seven Month

Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance fees amounting to Rs 24.27 billion in the first seven months of the current fiscal year 2081/82. According to data released by the Nepal Insurance Authority, 14 non-life...


China Leads in EV Insurance Uptake as SunCar Expands Market Reach

Life Insurance International   China has emerged as the global leader in electric vehicle (EV) insurance adoption, significantly outpacing other markets, according to GlobalData’s 2024 Emerging Trends Insurance Consumer Survey. The study, which gathered data from multiple countries, reveals that...


Nepal Insurance Authority Issues Monetary Loss Insurance Guidelines

Kathmandu – The Nepal Insurance Authority has introduced new monetary loss insurance guidelines to regulate the protection of cash, cash-related equipment, and security measures within financial institutions and during transportation. The directive aims to ensure comprehensive risk coverage for...


NLG Insurance Completes Share Distribution from Auction Sale

Kathmandu – NLG Insurance Company Limited has successfully distributed shares that were offered for purchase through an auction process held from February 2 to February 9. The company had placed 320,533.22 remaining shares for auction, and after evaluating the...