Kathmandu – General Insurance Association of Nepal (GIAN) has officially called on regulatory bodies to amend the rule that restricts company directors from trading shares during their tenure and for one year after leaving office, terming it impractical and...

Kathmandu – United Ajod Insurance Limited has announced a dividend proposal for its shareholders, subject to regulatory and shareholder approval. According to the company, a meeting of its Board of Directors held on Ashar 4 (June 18) decided to...

Kathmandu – Siddhartha Premier Insurance Limited has issued a public notice urging policyholders to collect their pending insurance claim payments. According to the company, insured individuals who have submitted claims but have not received payment by the end of...

Kathmandu – An ongoing investigation into unauthorised cashback practices has sent shockwaves through Nepal’s non-life insurance industry, with the Insurance Authority intensifying its oversight and aiming to eliminate the practice entirely. Cashback—an illegal incentive offered to secure large insurance...

Kathmandu — NLG Insurance Company Limited has appointed an external auditor for the current fiscal year during its 19th Annual General Meeting (AGM) held on Jestha 29 (June 12). The meeting approved the appointment of S. C. Lal Associates...

Kathmandu – Siddhartha Premier Insurance Limited has paid a total of Rs 2.43 billion to settle 14,194 insurance claims in the 11 months of the fiscal year 2081/82. The company received a total of 15,480 claims during the period....

Kathmandu – United Ajod Insurance Limited has appointed Wilson Mann Ranjit as a member of its board of directors. The decision was made during the company’s board meeting held on Ashad 2 (June 16). Ranjit has been appointed to...

Kathmandu  — Neco Insurance Limited has successfully distributed the right shares issued from Falgun 8 to Chaitra 14, 2081 (February 20 to March 27, 2025) and deposited them into the demat accounts of eligible shareholders. The insurance company had...

Kathmandu — The Nepal Insurance Authority held an interactive session on Monday to mark one year since the implementation of the Risk-Based Capital (RBC) framework in the Nepali insurance sector. The event brought together key stakeholders, including CEOs of...

Aviation insurance premiums in India are expected to increase by 5–10 percent in the fiscal year 2026/27 (FY27), following a surge in claims stemming from a series of recent aviation accidents, most notably the Air India AI-171 crash in...