Last Day to Secure Right Shares of Nepal Insurance Company

Kathmandu — Today marks the final day for shareholders to secure eligibility for the upcoming right share issuance of Nepal Insurance Company Limited. As the company prepares book closure on Jestha 30 (June 13), only those investors who are...


Nepal Insurance Authority Engages Non-Life Insurance Leaders in Dialogue on Sector Reforms

Kathmandu – The Nepal Insurance Authority (NIA) organized a high-level interaction program on Tuesday in Kathmandu with chairpersons and board members of non-life insurance companies to address pressing issues in the insurance sector and chart a path toward institutional...


Life Insurance Coverage in Nepal Reaches Record High at 47.39 Percent

Kathmandu – Life insurance coverage in Nepal has reached an all-time high, with 47.39 percent of the population now under some form of life insurance protection, according to the latest data published by the Nepal Insurance Authority (NIA) as...


Spike in Suspicious Transactions Raises Money Laundering Concerns in Nepal’s Insurance Sector

Kathmandu — Suspicious transactions within Nepal’s insurance sector have more than doubled annually, raising fresh concerns about money laundering risks and exposing regulatory weaknesses in oversight mechanisms. Despite provisions requiring insurance companies to establish dedicated departments to combat money...


Shikhar Insurance Becomes First Non-Life Insurer in Nepal to Collect Rs 5 Billion in Premium Within 11 Months

Kathmandu — In a remarkable achievement for Nepal’s non-life insurance sector, Shikhar Insurance Company Limited has become the first and only non-life insurer in the country to collect Rs 5 billion in insurance premium within just 10 months and...


Insurance Progress in Nepal: Growth Seen but Gaps Remain

Kathmandu — Despite economic challenges and structural hurdles, Nepal’s insurance sector has managed a modest yet notable growth in outreach. According to the latest report by the Nepal Insurance Authority, insurance coverage has increased by 3.83 percent, bringing the...


Nepal Insurance Revises Right Share Ratio Following Bonus Distribution

Kathmandu — Nepal Insurance Company Limited has revised the ratio of its upcoming right share issuance after the distribution of bonus shares led to an increase in its paid-up capital. Previously, the Nepal Securities Board (SEBON) had approved the...


Seminar on Engineering Insurance Held in Pokhara

Kathmandu – A one-day seminar focused on engineering insurance was successfully held in Pokhara on Saturday, bringing together industry professionals, regulators, and academics to explore emerging trends and challenges in the insurance sector. The event was jointly organised by...


19 Insurance Companies Announce Dividends from FY 2080/81 Profits

Kathmandu – A total of 19 insurance companies listed on the Nepal Stock Exchange (NEPSE) have declared dividends from the profits of the fiscal year 2080/81, signaling stable performance across Nepal’s insurance sector despite mounting capital pressures. Among them,...


Prabhu Insurance Urges Insured to Claim Pending Payments

Kathmandu — Prabhu Insurance Limited has issued a public notice requesting all insured individuals with pending claims up to end of Chaitra 2081 (mid-April) to complete the necessary procedures and receive their payments. The company has provided a 35-day...