Kathmandu — The Nepal Insurance Authority organized a high-level stakeholder consultation on Wednesday at its central office in Kupandol, bringing together representatives from non-life insurance companies, reinsurance firms, and the construction sector to address persistent challenges in engineering insurance....
Kathmandu — The Nepal Stock Exchange (NEPSE) witnessed a sharp decline on Wednesday, the fourth trading day of the week, as the benchmark index dropped by 47.93 points to settle at 2,954.14 points. The decline marked one of the...
Natural disasters across the globe have caused an estimated US$131 billion in overall losses in the first half of 2025, according to data compiled by Munich Re. While slightly lower than the inflation-adjusted US$155 billion recorded in the same...
Kathmandu — Trust Micro Insurance Limited has been assigned an issuer rating of ‘IRN BB- (IS)’ by Infomerics Credit Rating Nepal Limited, indicating a medium risk in meeting its financial obligations on time. The rating reflects the company’s current...
Kathmandu — United Ajod Insurance Company Limited has announced the sale of 19,882 units of promoter shares registered under the name of promoter shareholder Srijana Joshi. The shares have been offered exclusively to the company’s existing promoter shareholders by...
Kathmandu — Despite repeated commitments made through national budget speeches and policy declarations, the government has yet to insure its buildings — including historic administrative centers like Singha Durbar. With this gap continuing for years, the Nepal Insurance Authority...
Kathmandu – The devastating floods and landslides that struck Rasuwa district on Ashar 23 (July 7) have triggered insurance claims worth Rs 843.81 million, as per the latest figures released by the Nepal Insurance Authority. According to the Authority,...
Kathmandu — Serious questions have emerged over the state of governance at the government-owned Rastriya Beema Company, as the Insurance Authority appears unable to take regulatory action due to direct interference and inaction from the Ministry of Finance, led...
Kathmandu – Nepal Insurance Company Limited has started issuing 34.783 percent right shares from today, aiming to meet the paid-up capital requirement set by the Insurance Authority. The company received approval from the Nepal Securities Board to issue a...
Kathmandu – The recent floods in Rasuwa have led to insurance claims totaling Rs 290 million, as per the latest data from the Nepal Insurance Authority. The natural disaster, which struck the region on Ashar 23 (July 7), caused...