Kathmandu – The Nepal Insurance Authority in Gandaki Province disbursed over Rs 230 million in agricultural insurance claims during the fiscal year 2080/81. According to the authority, a total of Rs 232.9 million was paid to policyholders, reflecting the...

Kathmandu – The Nepal Insurance Authority has announced the revision and amendment of four significant agricultural insurance policies, covering coffee farming, bee farming, sugarcane farming, and vegetable farming. These revisions aim to align the policies with current needs and...

Kathmandu – NLG Insurance Company Limited organized a discussion program on agricultural and livestock insurance at the assembly hall of Kohalpur Municipality. The initiative aims to raise awareness among farmers about the importance of insurance and bring them under...

Kathmandu – United Ajod Insurance has appointed Kamal Gautam as its new Chief Executive Officer (CEO). The decision was made during a meeting of the company’s board of directors held on December 3. Gautam, a seasoned executive with extensive...

Kathmandu – On Monday, the NEPSE index rose by 19.97 points, reaching 2,758.04 by the close of trading. The stock market’s performance marked a positive trend, with noticeable gains in the insurance sector. Both the Life Insurance Index and...

Kathmandu – Non-life insurance companies in Nepal have earned insurance premiums amounting to Rs 14.35 billion by the end of the Kartik month (mid-November) in the current fiscal year, offering eight types of insurance policies. The highest revenue came...

Kathmandu – The Nepal Insurance Authority has introduced a new directive towards  a risk-based capital (RBC) and Solvency framework for life and non-life insurance companies. This move replaces the directive issued in 2022 and aims to better align capital...

Kathmandu – The Nepal Insurance Authority (NIA) has mandated non-life insurance companies to issue policies using real-time software, marking a significant step toward digitizing Nepal’s insurance sector. This initiative, supported by the Ministry of Agriculture and Livestock Development, aims...

Kathmandu – Sagarmatha Lumbini Insurance has been announced as the official insurance partner of Sudurpaschim Royals, a cricket team preparing to compete in the Siddhartha Bank Nepal Premier League (NPL). The tournament is being organized by the Cricket Association...

Kathmandu – Non-life insurance companies in Nepal earned a total insurance premium of Rs 2.28 billion in mid-October to mid-November (Kartik), marking an 18.57% increase compared to the same month in the last fiscal year. According to the financial...