Kathmandu – NLG Insurance Company Limited has completed the allotment of its recently issued right shares. The company had opened the sale of 96,31,220.22 units of right shares at a face value of Rs 100, with a ratio of...

Kathmandu – Neco Insurance has announced the book closure date for its 25% right shares. The company will close its shareholder register on January 31, meaning investors holding shares until January 30 will be eligible to subscribe to the...

Kathmandu – Rastriya Beema Company Limited is set to organize basic training for individuals interested in becoming non-life insurance agents. The training will take place at the company’s central office in Kathmandu from February 2 to February 5, running...

Kathmandu – Himalayan Everest Insurance has made significant investments totaling Rs 4.93 billion by the end of the first quarter of the current fiscal year, according to data from the Nepal Insurance Authority. The largest portion of the company’s...

Kathmandu – United Ajod Insurance Limited has announced a training and examination program for agricultural, livestock, and herbal insurance agents. The program will take place from January 23 to 25, from 9 AM to 5 PM, at Ilam Bazaar...

Kathmandu – Federation of Contractor’s Associations of Nepal (FCAN), President Rabi Singh has raised concerns about irregular practices in Nepal’s insurance and reinsurance sectors. Speaking at a program held in Kathmandu to announce a protest, Singh alleged that reinsurance...

Kathmandu – A two-day training program on marine insurance, organized by Insurance Protective Services, officially commenced on Wednesday (15 January) at Hotel Royal Shingi, Durbarmarg. The workshop, aimed at enhancing the knowledge and capacity of employees from non-life and...

Kathmandu – It has come to light that the government-owned Rastriya Beema Company has failed to act on a directive issued by the Nepal Insurance Authority over four months ago, prohibiting the distribution of dividends and bonuses. The directive...

Kathmandu – The Nepal Insurance Authority (NIA) has issued a strong warning to Rastriya Beema Company, a government-owned insurance firm, over alleged financial irregularities, operational mismanagement, and violations of regulatory provisions. The authority has threatened to take over the...

Kathmandu – United Ajod Insurance Limited has issued a notice urging policyholders to submit the necessary documents for insurance claims filed until June 19, 2024 in order to proceed with payment. The company stated that while claims were filed...