Sanima Reliance Life Insurance Employees Participate in International Training in Mumbai

Kathmandu – Employees of Sanima Reliance Life Insurance are participating in an international training program hosted by the Insurance Institute of India, Mumbai. The three-day event, scheduled from 20 to 22 January, focuses on enhancing the professional skills of...


Rastirya Beema Company to Conduct Training for Non-Life Insurance Agents

Kathmandu – Rastriya Beema Company Limited is set to organize basic training for individuals interested in becoming non-life insurance agents. The training will take place at the company’s central office in Kathmandu from February 2 to February 5, running...


Nepal Life MDRT Achievers Award 2025 Concluded in Kathmandu

Kathmandu – Nepal Life Insurance Company Limited successfully hosted the ‘Nepal Life MDRT Achievers Award 2025’ on Saturday at the Soaltee Hotel, Kathmandu. The event honored 95 agents who achieved the prestigious MDRT (Million Dollar Round Table) target for...


Himalayan Everest Insurance Invests Over Rs 4.93 Billion Across Diverse Sectors

Kathmandu – Himalayan Everest Insurance has made significant investments totaling Rs 4.93 billion by the end of the first quarter of the current fiscal year, according to data from the Nepal Insurance Authority. The largest portion of the company’s...


Guardian Micro Life Insurance IPO Allotted Today

Kathmandu – Guardian Micro Life Insurance Limited conducted its IPO allotment today at 9 AM at Kumari Capital Limited, Naxal. A total of 1,830,875 individuals had applied for the IPO. Out of these, 8,452 applications were canceled, leaving 1,822,405...


Prabhu Mahalaxmi Life Insurance Puts Founder Group Shares Up for Sale

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 153,402 shares belonging to its founder group. Of the shares on sale, 120,780 belong to founder shareholder Saila Shrestha, 18,348 to Sunrise Holdings Pvt. Ltd., 12,078 to...


Crest Micro Life Insurance to Launch IPO Worth Rs 225 Million

Kathmandu – The Securities Board of Nepal (SEBON) has approved Crest Micro Life Insurance Company to issue its Initial Public Offering (IPO). The company will issue 2.25 million units of shares at a face value of Rs 100 per...


FCAN Alleges Irregularities in Insurance Practices

Kathmandu – Federation of Contractor’s Associations of Nepal (FCAN), President Rabi Singh has raised concerns about irregular practices in Nepal’s insurance and reinsurance sectors. Speaking at a program held in Kathmandu to announce a protest, Singh alleged that reinsurance...


National Life Insurance Company Launches ‘Bal Amrit Endowment Policy-4’

Kathmandu – National Life Insurance Company Limited has introduced a new insurance policy, ‘Bal Amrit Endowment Policy-4’, aimed at providing maximum protection at a minimal premium. The company’s Chief Executive Officer, Suresh Prasad Khatri, unveiled the plan during a...


Rastriya Beema Company Fails to Act on Nepal Insurance Authority’s Directive

Kathmandu – It has come to light that the government-owned Rastriya Beema Company has failed to act on a directive issued by the Nepal Insurance Authority over four months ago, prohibiting the distribution of dividends and bonuses. The directive...