Kathmandu – Non-life insurance companies in Nepal have collected a total of Rs 17.17 billion in premiums during the first five months of the current fiscal year. According to the data released by Nepal Insurance Authority, 14 non-life insurance...

Kathmandu – NLG Insurance Company Limited has invested a total of Rs 2.88 billion in various sectors by the end of the first quarter of the current fiscal year 2081/82, according to data published by the Nepal Insurance Authority....

New Delhi – Prime Minister Narendra Modi of India has recently launched the “LIC Bima Sakhi Yojana” in Panipat, Haryana, an initiative aimed at empowering women and expanding insurance penetration across rural India. The scheme, introduced by the Life...

Kathmandu – The chair of the Nepal Insurance Authority, Surya Prasad Silwal is under further investigation following allegations of corruption and document forgery. The Commission for the Investigation of Abuse of Authority (CIAA) has formally requested the Central Investigation...

Kathmandu – Sun Life Endowment Life Insurance Plan offered by Sun Life Insurance, a policy that has quickly gained popularity for its comprehensive coverage, affordability, and ease of access. Known for its customer-centric approach, the company offers 15 insurance...

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...