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 – Nepal Insurance Authority has announced a new provision allowing insurance companies to purchase non-real estate fixed assets without requiring regulatory approval. However, the board has imposed stricter regulations on investments in high-risk areas. As per the draft...

Kathmandu – The overall stock market saw a modest gain this week, with the NEPSE index rising by 4.19 points to 2630.71. The insurance sector experienced a significant downturn as the total of 19 insurance companies witnessed sharp declines...

Kathmandu – Devraj Dhungana, Chairperson of Nepal Reinsurance Company, has been appointed as the Executive Director of the Security Printing Center by the Government of Nepal. Despite his new role, Dhungana will continue to serve as Chairperson of Nepal...

Kathmandu – The Nepal Stock Exchange (NEPSE) index witnessed a significant decline on Thursday, the final trading day of the week. The index fell by 33.42 points, closing at 2,682 points, resulting in substantial losses for investors across the...

Kathmandu – The Nepal Insurance Authority is preparing to introduce a significant hike in the license fees for new insurance companies. Currently, the license fee to register a new company stands at Rs 50,000, as mandated by the Insurance...

Kathmandu – The International Association of Insurance Supervisors (IAIS) has taken a monumental step in shaping the future of global insurance regulation. At its annual meeting held on December 5 in Cape Town, South Africa, attended by over 200...

Kathmandu – On Monday, the NEPSE index rose by 19.97 points, reaching 2,758.04 by the close of trading. The stock market’s performance marked a positive trend, with noticeable gains in the insurance sector. Both the Life Insurance Index and...

Kathmandu – The Nepal Insurance Authority (NIA) is actively working to enhance insurance accessibility and awareness in rural areas. Targeting local governments, the NIA aims to educate citizens on the benefits and importance of insurance, especially in agriculture and...

Kathmandu – On Wednesday, the Nepal Stock Exchange (NEPSE) witnessed a notable rise, with the index climbing 38.81 points to close at 2755.47. This significant uptick was fueled by a strong performance in the insurance sector, where the share...