Kathmandu – Neco Insurance Limited has officially opened the sale of its rights shares from today ( February 20), offering 25% of its paid-up capital to eligible shareholders. The rights shares are priced at Rs. 100 per share. The...

Kathmandu – IGI Prudential Insurance Limited has relocated its head office to Bhim Plaza Bhawan, Narayanchaur, Naxal (in front of the traffic island), within Kathmandu Metropolitan City Ward No. 1. Previously, the company operated from a building near 1905...

Kathmandu – Prabhu Insurance Limited has announced the sale of its founder shares, restricting the purchase to its existing founder shareholders. Interested shareholders must submit their applications at the company’s central office in Tinkune, Kathmandu, within the next 35...

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...

Kathmandu – Himalayan Everest Insurance Limited has announced that its 31st Annual General Meeting (AGM) will be held on Tuesday, March 11, 2025. The board of directors, in a meeting held on February 14, decided to conduct the AGM...

Kathmandu – The net insurance claim payment arrears owed by non-life insurance companies in Nepal to the insured have reached Rs 9.40 billion, according to financial statements published by 14 non-life insurance companies operating in the country. The data...

Kathmandu – Fourteen non-life insurance companies in Nepal collectively owe nearly NPR 40 billion in outstanding claim payments, raising serious concerns about the efficiency and oversight of the Nepal Insurance Authority. According to the financial statements published by these...

Kathmandu – The combined profit of 14 non-life insurance companies in Nepal has dropped significantly by 59.38% in the second quarter of the current financial year. According to the financial statements published by these companies, their collective net profit...

Kathmandu – IGI Prudential Insurance Company Limited has published its financial statement for the second quarter of the current financial year, reporting a significant decline in net profit due to reduced income and net insurance premiums. According to the...