Kathmandu – Shikhar Insurance Limited has appointed Ashmank Karki as a director of the company. The decision was made by the board of directors to fill a vacant position, and Karki will serve in the role until the next...

Kathmandu – The non-life insurance sector has witnessed mixed performance in the first month of the current fiscal year, with 10 companies reporting growth in premium income while four recorded a decline. According to data released by the Nepal...

Kathmandu – Non-life insurance companies in Nepal have recorded significant earnings in the month of Shrawan (mid-July to mid-August), with 18 companies collecting a combined insurance premium of Rs 43.96 billion. According to data released by the Nepal Insurance...

Kathmandu – The Nepal Stock Exchange (NEPSE) closed lower on the last trading day of the week, with the benchmark index falling by 38.10 points to settle at 2,782 points. Out of the total listed companies, share prices of...

Kathmandu – A tragic road accident in Dolakha has claimed the life of Siddhartha Premier Insurance’s Dolakha branch in-charge, Shirish Basnet, along with another youth. The incident occurred on Bhadra 11 at Ramite Danda, Bhimeshwor Municipality-6, when two motorcycles...

Kathmandu – Neco Insurance Limited has announced that it will be conducting a non-life insurance agent training program from Bhadra 22 to 24 (September 7 to 9). According to the public notice issued by the company, the training sessions...

Kathmandu – Nepal’s insurance sector has increasingly become an attractive employment destination, with more than 12,000 employees receiving service facilities annually. According to the financial statements of the last fiscal year, a total of 12,251 employees working in life...

Kathmandu – The Nepal Stock Exchange (NEPSE) has listed bonus shares of Neco Insurance Company Limited. Today, a total of 17,60,815 of bonus shares, equivalent to 7 percent of the company’s paid-up capital, were listed. With the listing, investors...

Kathmandu – The outstanding insurance claim payments of non-life insurance companies in Nepal have reached Rs 8.03 billion in the fiscal year 2081/82. According to the financial statements published by 14 non-life insurers for the last fiscal year, the...

Kathmandu – The Nepal Insurance Authority (NIA) has issued a directive instructing insurance companies to provide clear, timely, and easily understandable information regarding loans taken by policyholders against their insurance policies. The Authority has mandated insurers to inform policyholders...