Kathmandu – A discussion program on insurance policies, challenges, and solutions in the transport sector of Koshi Province was held today in Biratnagar. The event was organized by the Koshi Province Office of the Nepal Insurance Authority. The program...

Kathmandu — Prabhu Insurance Company has announced the sale of 680,000 promoter shares held by its founding shareholders. The company has not disclosed a minimum price for the offering. The shares are currently open only to existing promoter shareholders,...

Kathmandu — Nepal’s non-life insurance companies expanded their business by 13.11% in the first eight months of the current fiscal year (2025/26), earning over NPR 31 billion in total premium income. According to data up to the end of...

Kathmandu — Neco Insurance Company has been found to have prepared and sold insurance policies illegally, targeting farmers in buffer zone areas. The company is reported to have disregarded existing insurance regulations and laws, and is said to have...

Kathmandu – The Nepal Insurance Authority has fined eight insurance companies for non-compliance with regulatory provisions. The regulator imposed a penalty of two lakh rupees on each company for failing to operate in line with the Insurance Act. According...

Kathmandu – United Ajod Insurance Limited will open its rights share issue on April 9, offering existing shareholders the opportunity to purchase additional shares. The company is issuing rights shares at a ratio of 10 new shares for every...

Kathmandu — Siddhartha Premier Insurance Limited has urged concerned policyholders to come forward and receive payments for claims submitted up to the end of Poush. The company stated that although claim applications have been filed on behalf of many...

Kathmandu – The Board of Directors of Sanima GIC Insurance Limited announced a dividend for its shareholders during a meeting held at 3:00 PM on Friday, Falgun 29. The meeting decided to distribute a total dividend of 5.2632%, comprising...

Kathmandu — Insurance companies are fuming after Nepal Reinsurance Company Limited made the abrupt decision to cut the commission it offers for riot and terrorism insurance. Surendra Thapa, the CEO of Nepal Reinsurance Company Limited, sent out a letter...

Kathmandu — The long-standing insurance dispute between apple farmers of Jumla and Shikhar Insurance Company has been resolved following tripartite discussions involving the government, the insurer, and farmers’ representatives. According to the agreement, apple farmers from Tatopani, Patarasi, and...