Nepal’s insurance sector has experienced substantial consolidation in recent years, prompted by the increased paid-up capital requirements for insurance companies. The Nepal Insurance Authority (NIA) – the regulator of the insurance sector – has raised the paid-up capital of insurance companies tenfold since 2017 in two phases, leading insurance companies to pursue mergers to meet …
The consolidation in the insurance sector is in full swing as a series of merger agreements have been signed among both, life insurance and non-life insurance companies in the last one year. the HRM While the merger drive in the banking sector seems to be gradually settling down with the conclusion of some big mergers …
Merger Drive Gathers Momentum in Insurance Sector Read More »
A successful merger requires the active participation and cooperation of all stakeholders. Mergers are no mean feat, they are entered into after much deliberation, due diligence and change management endeavors from an organization and workforce perspective. Yet people in those organizations at times feel disconnected on account of the “cultural clash”. Several aspects may affect …
