Life Insurance Companies in Nepal Collect Over Rs 13 Billion in Premiums in Baisakh, Marking 17% Growth

Kathmandu — Nepal’s life insurance industry has recorded impressive growth in the first month of the current fiscal year, with 14 active life insurance companies collecting a total premium income of Rs 13.18 billion during the month of Baisakh,...


Nepal Reinsurance Company Sees 55% Surge in Net Profit in Q2

Kathmandu — Nepal Reinsurance Company (Nepal Re) Limited has posted a 55.05 percent rise in net profit for the second quarter of the current fiscal year compared to the same period in the previous fiscal year. According to the...


Supreme Court Orders Priority Hearing on Writ Against Insurance Authority Chair Appointment

Kathmandu — The Supreme Court has directed its administration to prioritize the hearing of a writ petition filed against the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. A joint bench comprising Justices Mohammad Musalman and...


Foreign Employment Boosts Growth of Term Life Insurance in Nepal

Kathmandu — The expanding wave of foreign employment among Nepalis is fueling significant growth in the country’s term life insurance sector. As more citizens leave the country in search of better job opportunities abroad, the demand for mandatory foreign...


Himalayan Life Insurance Calls for 18th AGM; Proposes 8% Cash Dividend

Kathmandu — Himalayan Life Insurance Limited has announced the date for its 18th Annual General Meeting (AGM), scheduled to be held on Ashar 10, 2082 (June 24, 2025). The decision was made during a board meeting held recently. The ...


Life Insurance Business Grows by 14.84 Percent; National Life, Reliable Nepal and Citizen Lead in Growth Rate

Kathmandu — Nepal’s life insurance industry has achieved a 14.84 percent year-on-year growth in premium income, with total earnings rising from Rs 121.35 billion last fiscal year to Rs 139.36 billion by the end of Baisakh month (mid-May) this...


Supreme Court Schedules Full Hearing on Writ Against Nepal Insurance Authority Chair Appointment

Kathmandu — The Supreme Court has scheduled a full hearing for the writ petition challenging the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. The hearing is set to take place today. A joint bench of...


Life Insurance Fund Grows by 18.79% in Nepal, Reaches Rs 766 Billion

Kathmandu – The life insurance sector in Nepal has witnessed significant growth, with the total life insurance fund of companies increasing by 18 percent compared to the same period last year. According to third-quarter data, the combined life insurance...


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...