Twelve Life Insurance Companies Declare Bonus Rates for Fiscal Year 2080/81

Kathmandu — Twelve out of the fourteen life insurance companies in Nepal have announced their bonus rates for participating life insurance policies for the fiscal year 2080/81, following approval from the Nepal Insurance Authority. The rates are based on...


Reliable Nepal Life Offers 100% Interest Discount on Renewal of Expired Policies

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced a special offer, providing a 100 percent discount on interest charges for the renewal of expired insurance policies. According to the company, this limited-time facility will be available till...


Insurance Budget 2082/83: Government Prioritizes Health and Agriculture Insurance, Omits Broader Regulatory Reforms

Kathmandu – The government’s budget for the fiscal year 2082/83 has placed emphasis on health and agricultural insurance programs, while broader reforms in the insurance sector and legislative changes concerning the Nepal Insurance Authority were not addressed. During the...


Government Unveils Bold Reforms to Strengthen Share Capital Market in Budget 2082/83

Kathmandu – Finance Minister Bishnu Prasad Paudel has announced a comprehensive package of reforms aimed at revitalising Nepal’s Share capital market, while presenting the national budget for the fiscal year 2082/83 today. Key among the reforms is the planned...


Government to Draft Blueprint to Push Insurance Access in Rural Area

Kathmandu – The government is set to introduce a detailed blueprint compelling insurance companies to extend their services beyond urban centers and into rural parts of the country. Presenting the national budget for the fiscal year 2082/83 today, Finance...


National Life Insurance Announces Date for 37th AGM

Kathmandu – National Life Insurance Company Limited has scheduled its 37th Annual General Meeting (AGM) for Asad 5, 2082 (June 19, 2025) at 10:30 AM at its central office in Lazimpat, Kathmandu. The key agenda of the meeting includes...


Non-Life Insurance Sector Grows, Reaches Rs 35 Billion in Premiums

Kathmandu — Nepal’s non-life insurance industry has witnessed a 6.763 percent growth in business compared to the same period last fiscal year. According to data released by the Nepal Insurance Authority, the total insurance premium collected by non-life insurers...


Non-Life Insurance Companies Collect Rs 35.5 Billion in Premiums in 10 Months

Kathmandu — Nepal’s non-life insurance companies have collectively earned Rs 35.5 billion in insurance premiums over the first 10 months of the current fiscal year, according to data released by the Insurance Authority. Shikhar Insurance Company collected Rs 4.68...


India to Surpass Japan as Asia’s Second-Largest Life Insurance Market by 2035: Allianz Report

India is on course to become Asia’s second-largest life insurance market by 2035, overtaking Japan, according to the newly released Allianz Global Insurance Report 2025. The report highlights India’s strong growth trajectory, driven by a projected compound annual growth...


Life Insurance Companies Spend Nearly Rs 10 Billion on Agent Commissions in Q3

Kathmandu — Life insurance companies operating in Nepal have collectively spent Rs 9.85 billion on agent commissions in the third quarter of the current fiscal year. This marks a 10.27 percent rise compared to the same period last year,...