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...

Kathmandu – The Nepal Insurance Authority (NIA) has intensified its oversight of insurance companies following significant discrepancies between their audited and unaudited financial reports. The regulatory body has warned of strict actions, including financial penalties, if differences exceeding 10%...

Kathmandu – As Nepal grapples with increasing natural disasters, including floods, landslides, and earthquakes, the need for a robust, inclusive insurance system has never been more pressing. Insurance, as highlighted at the 2024 International Conference on Inclusive Insurance (ICII)...

Kathmandu – Nepal Reinsurance Company marked its 11th anniversary with a grand “Prabhat Feri” program on Wednesday morning. The Wednesday early morning procession, starting from Bhrikutimandap at 7 a.m., wound through prominent city landmarks including Bhadrakali, Dharahara, and Ratnapark,...