KATHMANDU, August 20: Machhapuchchhre School in Lalitpur has received official approval of the International Baccalaureate (IB) World School to run IB Primary Years Program (PYP).

KATHMANDU, August 11: The Insurance Board (IB) has provided 10 companies with licenses to conduct reinsurance brokerage.

KATHMANDU, July 11: The Insurance Board (IB) has directed the Nepali insurance companies to maintain real time transaction data from the next fiscal year.

KATHMANDU, July 3: Nepali life-insurers can now reinsure their businesses to the domestic reinsurance companies, with the Insurance Board (IB) issuing a circular on Friday, allowing the domestic companies to accept up to cent percent of the insured amount.

KATHMANDU, May 12: Three life insurance companies—Prime Life, Union Life and Gurans Life—signed an agreement for merger on Thursday. Provided the merging of these insurers is materialized, it will be the first merger in the life insurance business of the country.

KATHMANDU, April 26: Most of the insurance companies have sought to issue right shares in order to raise their capital base that has been made mandatory by the Insurance Board (IB).

KATHMANDU, April 1: The Insurance Board (IB) has asked the insurers to either increase their capital base or go into a merger if they fail to do so.

KATHMANDU, Jan 31: A total of 17 companies have applied at the Insurance Board to receive operating licenses of insurers.

KATHMANDU, Jan 28:  The Insurance Board (IB) is making the insurers maintain a ‘risk-based capital’ by 2024.

KATHMANDU, Jan 12: The Insurance Board (IB) has barred the non-life insurance companies from distributing cash dividends to their shareholders this year, citing the large amounts of insurance claims that the companies are yet to settle.