Kathmandu – The recent floods in Rasuwa have led to insurance claims totaling Rs 290 million, as per the latest data from the Nepal Insurance Authority. The natural disaster, which struck the region on Ashar 23 (July 7), caused...

Kathmandu — The Government of Nepal has initiated a formal investigation into both the appointment process and subsequent decisions made by Sharad Ojha during his tenure as Chairman of the Insurance Authority. According to officials, the investigation committee formed by...

Kathmandu — Nepal Insurance Company Limited has been awarded the prestigious Gold Award for its outstanding annual report presentation at the National Best Presented Annual Report Award 2024. Organized by the Institute of Chartered Accountants of Nepal (ICAN), the...

Kathmandu – IME Life Insurance Company has been honored with the prestigious “National Best Presented Annual Report Award 2024,” securing the Merit Award in a national competition that highlights excellence in financial reporting and corporate governance. The award was...

Kathmandu — Citizen Life Insurance Company has achieved a significant milestone by collecting a total insurance premium of Rs 7.51 billion in the fiscal year 2081/82, marking the highest annual business volume since its establishment. Established eight years ago,...

Kathmandu — National Life Insurance Company Limited has achieved a historic feat in Nepal’s insurance sector by generating over Rs 6 billion in first-year premium income in the fiscal year 2081/82. This marks the highest-ever new business premium earned...

Kathmandu — As Nepal enters the fiscal year 2082/83, the new financial policies outlined in the recently enacted Finance Act have officially come into effect. While the overall structure of the income tax regime remains largely unchanged from the...

Kathmandu — Marking the beginning of the new fiscal year 2082/83, the Insurance Authority of Nepal has deployed monitoring teams to all 37 insurance companies operating in the country. The Authority’s teams reached each company’s head office today to...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has marked a historic milestone by earning over Rs 5 billion in insurance premiums in the fiscal year 2081/82, positioning itself among the top-performing companies in Nepal’s insurance sector. According to...

Kathmandu – Pravin Raman Parajuli, the Chief Executive Officer of Nepal Life Insurance and Vice President of the Life Insurance Association of Nepal (JEBISAN), has emphasized the need for customer-focused insurance policies, improved access for low-income groups, and consistent...