Kathmandu – As part of its ongoing Corporate Social Responsibility (CSR) initiatives, Sanima GIC Insurance Limited has distributed educational and utility materials worth Rs 212,000 to Shree Janajyoti Secondary School located in Panchapuri Municipality-10, Surkhet. In a program held...

Kathmandu — On the last trading day of the week, Nepal’s stock market witnessed a modest upward movement, with the NEPSE index climbing by 9.14 points to close at 2703.96. The insurance sector, in particular, saw notable gains, as...

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of United Ajod Insurance Limited following the company’s decision to distribute a 10 percent bonus share as part of its annual dividend. The adjustment took place on...

Kathmandu – The government-owned Rastriya Beema Company has concluded interactive programs related to non-life insurance in five provinces as part of its annual plan for fiscal year 2081/82. The initiative, aimed at expanding non-life insurance business and raising public...

Kathmandu – The Nepal Insurance Authority (NIA) has called on insurance companies to significantly enhance their use of information technology and strengthen data management practices to promote the growth and transparency of the insurance sector. Speaking at a discussion...

Kathmandu — ICRA Nepal has assigned an issuer rating of ‘ICRA NP IR A’ to Sagarmatha Lumbini Insurance Company Limited (Salico), reflecting the company’s strong financial fundamentals and timely debt servicing capabilities. The ‘A’ category rating denotes that Salico...

Kathmandu – Investors eyeing the dividend benefits from United Ajod Insurance Limited must purchase shares by the end of trading today, Ashar 18 (July 2), to qualify. The company’s has its book closure on Ashar 19 (July 3) in...

Kathmandu — Concerns are mounting over the Nepal Insurance Authority’s delay in investigating a share conversion controversy involving Salico Insurance, formerly Sagarmatha General Insurance Company. A complaint alleging large-scale irregularities in the conversion of promoter shares into general shares...

Kathmandu —General Insurance Association Nepal (GIAN) has formally requested the Nepal Insurance Authority to address several challenges within the country’s insurance regulatory framework, particularly concerning reinsurance and reserve fund provisions. In a statement issued by the association, concerns were...

Kathmandu — The Nepal Insurance Authority has issued a strong warning to insurance companies following a surge in complaints from policyholders about delays and unfair treatment. In a circular released on Tuesday, the Authority instructed insurers to settle claims...