Citizen Life Insurance Sees Strong Profit and Fund Growth in First Quarter

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...


Federation of Nepalese Journalists completed 12th Conference

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...


Finance Minister Mahat’s instructions to the Insurance Authority to move the Insurance of Hydropower Projects to Non-Tariff

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,...


Most of the insurance companies in NEPSE classification are in ‘G’ and ‘Z’, Nepal Insurance is only in group ‘A’.

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...


Life insurance agent exam starts from 4th of February, 2024 A.D

Kathmandu : Nepal Insurance Authority has decided the date of online examination of life insurance agent. According to the Insurance Act, 2079, the authority has made public the schedule of the examination as per the provision of granting the...


National Life, Newroad branch provided a claim payment of 5.5 Million Rupees

Kathmandu: National Life Insurance Company has paid the claim to the dependent family of the insured. The company has paid the insurance claim of 5 Million 506 thousand 666 Rupees to the insured’s family. According to the company, the...


Annual General Meeting of Shivam Cements held, 15% dividend resolution passed

Kathmandu : The eighth annual general meeting of Shivam Cements Limited has been completed. A proposal to distribute dividends to the shareholders at the rate of 15 percent from the accumulated profits up to 2023,023 has also been passed....


Positive Feedback of Non-Life Insurance Company on the services provided by the reinsurance company within the country

Kathmandu : Nepal Insurance Authority has discussed about the response of the reinsurance company of the country. The Insurance Authority has taken feedback on Nepal’s reinsurance by calling the Chief Executive Officers of Non-life Insurance Company for a discussion....


Aditya-L1, ISRO’S first solar spacecraft enters Sun’s final orbit

Indian Space Research Organization (ISRO) has achieved a major milestone as they successfully completed the last manoeuvre to position the Aditya-L1 spacecraft into its designated orbit. Aditya-L1 is India’s first space-based observatory dedicated to studying the Sun. The spacecraft...


7.6 Magnitude Earthquake hits Japan were at least 55 people died and rescue operation is going on

On Monday, 1st of January, 2024 A.D huge earthquake of 7.6 magnitude hits northwest of Tokyo, Japan. The quake affected the Noto Peninsula in the central prefecture of Ishikawa on Monday afternoon. Tsunami alerts were given after this huge...