Citizen Life Insurance Sets New Record with Rs 7.5 Billion Premium in FY 2081/82

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,...


National Life Insurance Achieves Historic Milestone with Over Rs 6 Billion in First-Year Premiums

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...


New Fiscal Year Brings Continuity and Select Tax Exemptions for Individuals in Nepal

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...


Insurance Authority Conducts Inspection of All Insurance Companies on First Day of New Fiscal Year

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...


Sagarmatha Lumbini Insurance Achieves Record Rs 5 Billion in Premium Collection

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...


Insurance Should Be Viewed as Risk Protection, Savings, and Investment: CEO Pravin Raman Parajuli

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...


Global Insured Catastrophe Losses Hit $100 Billion in First Half of 2025: Aon Report

Global insured losses from natural catastrophes soared to an estimated $100 billion in the first half of 2025, marking the second-highest first-half total ever recorded, according to Aon’s Catastrophe Insight team. The sharp rise in losses was mainly driven...


Nepal Life Insurance Sets Industry Record with Rs 10 Billion in First-Year Premium Income

Kathmandu – Nepal Life Insurance, a leading name in Nepal’s life insurance industry, has set a historic benchmark by becoming the first life insurer in the country to earn over Rs 10 billion in first-year premium income within a...


Chairman Pokharel Calls for Professional Reform in Nepal’s Insurance Sector

Kathmandu — Newly appointed Chairman of the Nepal Insurance Authority, Sebantak Pokharel, has directed the Authority’s staff to ensure that the insurance sector is regulated with professionalism, transparency, and institutional integrity. Speaking during his oath-taking ceremony in Kathmandu, Pokharel...


Sebantak Pokharel Takes Oath as Chairman of Nepal Insurance Authority

Kathmandu – Joint Secretary of the Ministry of Finance, Sebantak Pokharel, has officially assumed the role of Chairman of the Nepal Insurance Authority. Pokharel took the oath of office today before Deputy Prime Minister and Minister for Finance, Bishnu...