Kathmandu – Reliable Nepal Life Insurance Company Limited has entered its ninth year of operations today, celebrating seven years of successful service in Nepal’s life insurance sector. Since its inception on Bhadra 15, 2074 BS (August 31, 2017 AD),...
Kathmandu — The Chairman Selection Committee of the Nepal Insurance Authority has finalized a new procedure for the appointment of a chairman, following approval from the Council of Ministers of the Government of Nepal. The committee, coordinated by Prof....
Kathmandu — The Chairman Selection Committee of the Nepal Insurance Authority has issued a public notice inviting applications for the post of Chairman, setting a seven-day deadline for submission. According to the notice, any Nepali citizen who meets the...
Kathmandu – Life insurance companies in Nepal have significantly expanded their investments in the capital market, channeling billions into shares of listed companies across various sectors. According to the Nepal Insurance Authority (NIA), the 14 life insurance companies currently...
Kathmandu – Life insurance companies in Nepal have reported a sharp rise in total expenses, with the 14 life insurers currently in operation spending a combined Rs 233.9 billion in the last fiscal year (FY). This marks a 12.86...
Kathmandu – A three-member recommendation committee has been formed to select the new chairman of the Nepal Insurance Authority (NIA). The committee was constituted by a decision of the Council of Ministers on Bhadra 9 (August 25). The panel...
Kathmandu – Hospitals across the country are grappling with serious financial and managerial challenges due to the Health Insurance Board’s failure to release payments on time. More than half of the hospitals under the program are now facing operational...
Kathmandu – The 14 life insurance companies operating in Nepal earned a combined income of Rs 250.53 billion in the fiscal year 2081/82, reflecting a 12.01 percent growth compared to the previous year. According to the companies’ published financial...
Kathmandu – Nepal’s insurance sector has increasingly become an attractive employment destination, with more than 12,000 employees receiving service facilities annually. According to the financial statements of the last fiscal year, a total of 12,251 employees working in life...
Kathmandu – Life insurance companies operating in Nepal have extended loans worth nearly one hundred billion rupees to their insureds. During the fourth quarter of the last fiscal year, the country’s 14 life insurance companies collectively disbursed insurance policy...