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Tag: Insurance

Prabhu Life Insurance proposes dividend for the first time 1
May 9, 2023

Prabhu Life Insurance proposes dividend for the first time

Dividend

Prabhu Life Insurance Limited (PLI) has proposed a dividend of 10.526% for the fiscal year 2077/78. This is the first dividend the company has proposed…

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IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba 3
May 4, 2023

IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba

Business | Market | Economy

The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1…

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NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company 5
April 25, 2023

NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company

NEPSE NEWS

The NEPSE has listed 16,53,699.96 unit bonus shares of Sagarmatha Insurance Company Limited (SIC). On 11th Falgun, the firm held its 26th AGM and approved…

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The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed. 7
April 24, 2023

The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.

Business | Market | Economy

On the 10th of Chaitra 2078, the Nepal Insurance Authority directed that life insurance businesses have a minimum paid-up capital of Rs. 5 Arba. The…

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Reminder! Last Day to Claim Asian Life Insurance Company's Dividend 9
April 20, 2023

Reminder! Last Day to Claim Asian Life Insurance Company’s Dividend

Dividend

  Today is the last day to claim the Asian Life Insurance Company Limited (ALICL) dividend. The corporation has scheduled its 15th Annual General Meeting…

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Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares. 11
April 17, 2023

Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

Business | Market | Economy

  Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the…

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Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector's capability. 13
April 17, 2023

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

Business | Market | Economy

  On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to…

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Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE 15
April 14, 2023

Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE

NEPSE NEWS

Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE. On 30th Poush, the business had its 26th AGM and approved a dividend…

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The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies 17
April 12, 2023

The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies

Business | Market | Economy

  The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses…

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The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies. 19
April 10, 2023

The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.

Business | Market | Economy

  The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance…

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Asian Life Insurance will support the 8.947% dividend. 21
April 7, 2023

Asian Life Insurance will support the 8.947% dividend.

Dividend

  Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at…

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National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount. 23
April 3, 2023

National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount.

Business | Market | Economy

  National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers. According to…

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