NPR 785.00
-2.00 (-0.25%)Nepal Micro Insurance Company Limited appointed Anil Giri as its Chief Executive Officer (CEO).ompany Limited…Nepal Micro Insurance Company Limited appointed Anil Giri as its Chief Executive Officer (CEO).ompany Limited appointed Anil Giri as its Chief Executive Officer (CEO).
Non-life insurance and reinsurance companies' stock prices have faced downward pressure due to massive…Non-life insurance and reinsurance companies' stock prices have faced downward pressure due to massive disaster claims from recent floods and unrest, though analysts view the long-term potential positively.
Initial insurance claims from recent floods have reached NPR 25.87 billion across non-life insurers, with…Initial insurance claims from recent floods have reached NPR 25.87 billion across non-life insurers, with total claims projected to surpass NPR 50 billion as major hydropower and infrastructure assessments are finalized.
Non-life and micro insurance companies collected total premiums exceeding Rs 540 million from 254,607…Non-life and micro insurance companies collected total premiums exceeding Rs 540 million from 254,607 insurance policies issued in Shrawan, with Himalayan Everest Insurance leading the traditional sector.
In the first month of the current fiscal year Shrawan, non-life insurance business grew by 23 percent to reach…In the first month of the current fiscal year Shrawan, non-life insurance business grew by 23 percent to reach Rs 5.40 billion in total premium collections, with Himalayan Everest Insurance collecting the highest at Rs 56.25 million.
Non-life insurance companies received 583 claims totaling over Rs 25.8 billion following the catastrophic…Non-life insurance companies received 583 claims totaling over Rs 25.8 billion following the catastrophic August 26 Bhotekoshi flood.
Insurers have received preliminary flood claims totaling around Rs 25.87 billion, with Oriental Hotels…Insurers have received preliminary flood claims totaling around Rs 25.87 billion, with Oriental Hotels (Oriental Insurance) and other listed insurers reporting claims.
Data from the Nepal Insurance Authority shows that four newly established micro non-life insurers, including…Data from the Nepal Insurance Authority shows that four newly established micro non-life insurers, including Nepal Micro Insurance, control over 99% of Nepal's micro-insurance market, having issued over 500,000 policies and collected NPR 1.33 billion in total premiums.
New micro-insurance companies, including Nepal Micro Insurance Company, have captured over 99 percent of the…New micro-insurance companies, including Nepal Micro Insurance Company, have captured over 99 percent of the micro-insurance market totaling more than Rs 1.33 billion while established non-life insurers remained indifferent.
The suspended CEO of Nepal Micro Insurance Company, Rimal, has been arrested and presented before the district…The suspended CEO of Nepal Micro Insurance Company, Rimal, has been arrested and presented before the district court regarding offences under the securities and insurance acts.
Nepal's non-life insurance sector reached Rs 4.55 billion in total premium collections, with Shikhar Insurance…Nepal's non-life insurance sector reached Rs 4.55 billion in total premium collections, with Shikhar Insurance leading the industry.
Non-life insurance companies collected total gross premiums of over Rs. 44.38 billion by the end of Jestha…Non-life insurance companies collected total gross premiums of over Rs. 44.38 billion by the end of Jestha, with Shikhar Insurance leading in commercial performance.
Authorities suspended 32 incumbent officials and charged 8 former chiefs in a fraud case exceeding Rs 3.5…Authorities suspended 32 incumbent officials and charged 8 former chiefs in a fraud case exceeding Rs 3.5 billion involving several insurance and financial institutions.
CIB has written to SEBON to freeze the shares of 56 individuals linked to various companies, including…CIB has written to SEBON to freeze the shares of 56 individuals linked to various companies, including Himalayan Re-Insurance and insurance firms, amid investigations into insider trading and financial irregularities.
Nepal Insurance Authority data shows total non-life insurance premium collection exceeded Rs 41.39 billion by…Nepal Insurance Authority data shows total non-life insurance premium collection exceeded Rs 41.39 billion by Baisakh end, with Shikhar Insurance leading among companies at Rs 5.19 billion. Bagmati province contributed the largest share at 68.5 percent of the total business, while motor insurance remained the top sectoral driver with Rs 12.63 billion collected.
The Department of Money Laundering Investigation has requested founder shareholder details for several…The Department of Money Laundering Investigation has requested founder shareholder details for several companies including Nepal Micro Insurance, Guardian Micro Life Insurance, Crest Micro Life Insurance, and Himalayan Re-Insurance within 15 days.
Nepal Micro Insurance Company chairman Ashish Shrestha was arrested on Baishakh 15, 2083 by the Central…Nepal Micro Insurance Company chairman Ashish Shrestha was arrested on Baishakh 15, 2083 by the Central Investigation Bureau under the Insurance Act, 2079.
नेपाल माइक्रो इन्स्योरेन्सका अध्यक्ष आशिष श्रेष्ठलाई प्रहरीले पक्राउ गरेको छ।नेपाल माइक्रो इन्स्योरेन्सका अध्यक्ष आशिष श्रेष्ठलाई प्रहरीले पक्राउ गरेको छ।
Nepal Insurance Authority published paid-up capital data for insurers, showing Nepal Life leading life…Nepal Insurance Authority published paid-up capital data for insurers, showing Nepal Life leading life insurers with over Rs 8.2 billion and Shikhar Insurance leading non-life insurers with Rs 2.92 billion.