Kathmandu – Shikhar Insurance has been awarded the ISO/IEC 27001:2022 certification, a globally recognized standard for information security management systems. The ISO/IEC 27001:2022 certification is a testament to Shikhar Insurance’s adherence to international standards in its policies, procedures, and...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has announced that its 28th Annual General Meeting (AGM) will be held on Baisakh 28 (May 11) at 10 AM at Ranimahal Banquet, Dnyaneshwor, Kathmandu. According to the company, the AGM...

Kathmandu – As Nepal’s streets hum with the quiet promise of electric vehicles (EVs), another shift is gaining traction beneath the surface — one that’s less visible but equally vital. The rise of EV insurance is quietly rewriting the...

Kathmandu — Insurance companies have begun releasing payments to cover damages from the Tinkune incident that struck Kathmandu Valley on Chaitra 15 (March 28). According to the Nepal Insurance Authority, a total of Rs 45.96 million in claims have...

Kathmandu – Neco Insurance Limited has announced the auction of its unallocated right shares starting Baisakh 12 (April 25). These shares remained unsold following the company’s right share issuance held from Falgun 8 to Chaitra 24 (February 20 –...

Kathmandu – The Nepal Insurance Authority Gandaki Province Office organized an insurance awareness and interaction program in Tamankhola Rural Municipality, Baglung. The event, jointly hosted by the Authority’s Gandaki Office and the rural municipality, focused on agricultural insurance, group...

Kathmandu — The Independent Power Producers’ Association of Nepal (IPPAN) has called on the Insurance Authority to act on a long-pending agreement aimed at detariffing insurance premiums for hydropower projects. Despite a mutual understanding reached between IPPAN and the...

Kathmandu – Siddhartha Premier Insurance Limited has paid out a total of Rs 2.91 billion in insurance claims so far in the current fiscal year 2081/82, settling 11,382 claims across various categories. According to the company, Rs 873.1 million...

Kathmandu – Siddhartha Premier Insurance Limited has been assigned an [ICRANP-IR] A rating by ICRA Nepal, signifying an adequate degree of safety regarding the timely servicing of financial obligations. The rating, regarded as a significant milestone, is a testament...

Kathmandu – Neco Insurance Limited has successfully allotted 5,030,901.55 units of right shares issued in a 4:1 ratio from Falgun 8 to Chaitra 14 (February 20 – March 27). The allotment took place on Chaitra 31 (April 13). The...