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Non-Life Insurance business up 13.37% in Q2; Industry writes over Rs 236 billion in premiums

KATHMANDU: Nepal’s non-life insurance sector posted strong growth in the second quarter of the current fiscal year 2079/80 (mid-July to mid-January 2024), with total premium income rising 13.37% year-on-year, according to data released by the Nepal Insurance Authority. A total of 14 non-life insurance companies issued 1,419,548 insurance policies...

Non-Life Insurance business up 13.37% in Q2; Industry writes over Rs 236 billion in premiums
Nepal Police uncover $19.7 million fake helicopter rescue scam, Arrest operators targeting foreign trekkers

Nepal Police uncover $19.7 million fake helicopter rescue scam, Arrest operators targeting foreign trekkers

National Life Insurance holds 38th AGM; premium income rises by 10.26 pc

National Life Insurance holds 38th AGM; premium income rises by 10.26 pc

Himalayan Life Insurance decides against dividend distribution

Himalayan Life Insurance decides against dividend distribution

IGI Prudential Insurance approves 5pc cash dividend at annual meeting

IGI Prudential Insurance approves 5pc cash dividend at annual meeting

Nepal Insurance Authority mandates online payments starting Mid-January

Nepal Insurance Authority mandates online payments starting Mid-January

Health Insurance Crisis Deepens as 12.5 Million Hospital Visits Overwhelm System; Severe Funding Shortage Delays Payments to Hospitals

Health Insurance Crisis Deepens as 12.5 Million Hospital Visits Overwhelm System; Severe Funding Shortage Delays Payments to Hospitals

Shikhar Insurance becomes first Nepali insurer to win SAFA certificate of merit for annual report excellence

Shikhar Insurance becomes first Nepali insurer to win SAFA certificate of merit for annual report excellence

Interest in home and property insurance surges after Gen-Z protests, Insurers report spike in inquiries

Interest in home and property insurance surges after Gen-Z protests, Insurers report spike in inquiries

IME Life Insurance posts Rs 158.3 mln profit in Q1, Insurance income and life fund expand

IME Life Insurance posts Rs 158.3 mln profit in Q1, Insurance income and life fund expand

Non-Life Insurance business crosses Rs 12.92 bn in three months; SALICO surpasses Shikhar in premium collection

Non-Life Insurance business crosses Rs 12.92 bn in three months; SALICO surpasses Shikhar in premium collection

Nepal Reinsurance begins payout of Rs 1.5 billion to insurance companies for GenZ movement damages

Nepal Reinsurance begins payout of Rs 1.5 billion to insurance companies for GenZ movement damages

Insurance claims from recent GenZ protests reach Rs 23.22 billion

Insurance claims from recent GenZ protests reach Rs 23.22 billion

Gen Z protests trigger Rs 22.25 billion insurance claims

Gen Z protests trigger Rs 22.25 billion insurance claims

Insurance Authority Chairman Sharad Ojha returns to office following Supreme Court order

Insurance Authority Chairman Sharad Ojha returns to office following Supreme Court order

Nepal Insurance Authority revises investment guidelines for insurers: Key changes explained

Nepal Insurance Authority revises investment guidelines for insurers: Key changes explained

Non-life insurers invest over Rs 66.23 bn in FY 2081/82, Siddhartha Premier tops the chart

Non-life insurers invest over Rs 66.23 bn in FY 2081/82, Siddhartha Premier tops the chart

Millions flow abroad annually for actuarial valuation as Nepal fails to produce insurance actuaries

Millions flow abroad annually for actuarial valuation as Nepal fails to produce insurance actuaries

Rastriya Beema Company proposes ownership restructuring to expand public shareholding

Rastriya Beema Company proposes ownership restructuring to expand public shareholding

Protective Micro Insurance earns 79.57pc higher profit in lalst FY amid surging insurance premium collection

Protective Micro Insurance earns 79.57pc higher profit in lalst FY amid surging insurance premium collection

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