Kathmandu – The Nepal Insurance Authority has introduced a new directive towards  a risk-based capital (RBC) and Solvency framework for life and non-life insurance companies. This move replaces the directive issued in 2022 and aims to better align capital...

Busan – The fifth session of the Intergovernmental Negotiating Committee (INC-5) commenced on November 27, 2024, with an urgent call to accelerate efforts toward a legally binding treaty to combat plastic pollution. With the December 1 deadline approaching, negotiators...

Busan – The International Indigenous Peoples’ Forum on Plastics has called for urgent action to address the devastating impact of plastic pollution on Indigenous communities and their territories. In a statement to state parties, the forum emphasized that Indigenous...

Kathmandu – The Securities Board  of Nepal (SEBON) has appointed Santosh Narayan Shrestha as its new chairman after a prolonged vacancy. The decision was finalized during a cabinet meeting held on Monday. . The selection process was guided by...

Kathmandu – Crest Micro Insurance Company, which has made remarkable strides since its inception, has reported promising results for the first quarter of the current fiscal year. Crest Micro Life Insurance Limited earned a net profit of Rs. 1.15...

Kathmandu – IME Life Insurance Company has reported an 11.22% increase in its net profit for the first quarter of the current financial year, compared to the same period last year. The company’s net profit rose from NPR 130.3...

Kathmandu – Citizen Life Insurance Company Limited has reported a substantial increase in profit and growth across other financial metrics in its unadjusted financial statement for the first quarter of the current financial year. The company’s life insurance fund...

Kathmandu : The 12th Conference program of Federation of Nepalese Journalists in Kathmandu has been completed. Information, Communication and Technology Minister, Rekha Sharma was present as the chief guest in that program. Deputy Editor of Beemapost, Dhan Bahadur Magar...

Kathmandu : Finance Minister Dr. Prakash Sharan Mahat has instructed to move the insurance policy of hydropower projects to Non-Tariff (without any charge). Speaking at the workshop on “Hydropower Insurance Policy and Approach” organized by Independent Power Producers’ Association,...

Kathmandu : Nepal Stock Exchange (NEPSE) has published the classification of listed companies. According to public information, there are 31 companies in ‘A’, 35 in ‘B’, 70 in ‘G’ and 135 in ‘Z’ category. Among the insurance companies, only...