Kathmandu – Sanima GIC Insurance Limited has once again announced the sale of 580,000 units of promoter shares, following the initial offering’s failure to receive applications. Sanima GIC The company had earlier published a notice on 30th Shrawan (August...

Kathmandu — United Ajod Insurance Company Chief Executive Officer (CEO) Kamal Gautam has stressed that insurance claim disputes can be minimized if policyholders clearly understand the terms and conditions of their policies. Speaking during a panel discussion on “Public...

Kathmandu — Access to Insurance in Nepal has reached an all-time high of 48.33 percent, marking an increase of 5.06 percentage points compared to the previous fiscal year, according to the latest data released by the Nepal Insurance Authority....

Kathmandu — Non-life insurance companies in Nepal have invested more than Rs 67.23 billion across various sectors during the fourth quarter of the last fiscal year 2081/82, according to the latest data published by the Nepal Insurance Authority. The...

Kathmandu — Non-life insurance companies operating in Nepal have maintained an average solvency ratio of 3.29, well above the minimum requirement set by the Nepal Insurance Authority. The figure, based on the financial statements of the last quarter of...

Kathmandu — The much-anticipated NADA Auto Show 2025 has kicked off in the capital, attracting automobile enthusiasts eager to explore the latest cars and motorcycles. Yet, the spotlight is not only on new vehicles — the stall of Shikhar...

Kathmandu – Shikhar Insurance has introduced a new health insurance scheme, Shikhar Health Security, plan aimed at addressing rising medical expenses in Nepal. The scheme was formally launched during a program organized at Medicity Hospital on Bhadra 2 (August...

Kathmandu – The government has formally dismissed the suspended Chairman of the Nepal Insurance Authority, Sharad Ojha, less than six months after his appointment. According to a source close to the Cabinet, the decision was made at a Cabinet...

Kathmandu – Today marks the final day for Nepal Insurance Company Limited’s right share application period, giving shareholders their final chance to participate in the capital expansion. The company had received approval from the Nepal Securities Board to issue...

Kathmandu – The overall financial condition of Nepal’s non-life insurance sector weakened in the last fiscal year, with profits falling sharply due to a surge in flood-related claims. According to the financial statements of 13 listed non-life insurers, aggregate...