High-Level Economic Advisory Reform Commission Suggests to Improve Deposit Insurance to Safeguard Banking Sector

Kathmandu — The High-Level Economic Advisory Reform Commission has recommended enhancing the effectiveness of Nepal’s deposit insurance mechanism to ensure long-term stability in the banking sector. Currently, the Deposit and Credit Guarantee Fund, jointly operated by the Government of...


Shikhar Insurance Sets Record by Settling Tinkune Incident Claims Within 13 Days

Kathmandu — At a time when delays in insurance claim settlements are often the norm, Shikhar Insurance Company has set a new benchmark by clearing all claims related to the Tinkune incident of Chaitra 15 within just 13 days....


National Life Insurance Announces New Bonus Rates Across Insurance Plans

Kathmandu — National Life Insurance Limited has announced new bonus rates for its insurance plans, following the approval of its latest actuarial valuation report by the Nepal Insurance Authority. The revised rates are based on the company’s financial statements...


Prabhu Mahalaxmi Life Announces New Bonus Rates Across Insurance Plans

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has officially announced the new bonus rates for its various insurance plans, following the approval of its actuarial valuation report by the Nepal Insurance Authority on Chaitra 27 (April 9). The new...


From Chalkboard to Claim Forms: Padam Budha’s Inspiring Rise in Insurance

What started as a classroom dream has turned into a powerful journey of service, determination, and transformation for Padam Bahadur Budha, a former teacher who now shines as one of the top agency managers at Citizen Life Insurance in...


Khalti Introduces Instant Collateral-Free E-Loan Service in Partnership with SuryaJyoti Life Insurance

Kathmandu — In a move to enhance digital financial access in Nepal, leading digital wallet Khalti has introduced a new collateral-free e-loan service in collaboration with Suryajyoti Life Insurance. The newly launched feature enables users to receive instant loans...


MetLife Nepal Launches Nationwide Campaign to Empower Locals Through Insurance Careers

Kathmandu – In a bid to inspire a new wave of local employment and community impact, MetLife Nepal has launched a nationwide campaign encouraging individuals from all walks of life to pursue a meaningful career as life insurance agents....


IME Life Launches E-Loan Service for Policyholders

Kathmandu – IME Life Insurance Company Limited has officially launched its new digital loan facility, branded as the “IME Life E-Loan Service,” enabling policyholders to apply for and receive loans from the comfort of their homes. The service was...


Insurance Companies Must Act Responsibly on Term Policies, Says Chairman Ojha

Kathmandu — Nepal Insurance Authority Chairman Sharad Ojha has called on insurance companies to adopt a more responsible and targeted approach toward term insurance, citing its critical role in ensuring financial security for families. His remarks came during the...


SuryaJyoti Life Insurance Unveils Digital Card and e-Loan Services, Marking Industry First In Nepal

Kathmandu, – In a pioneering move for Nepal’s insurance sector, SuryaJyoti Life Insurance Company Limited has introduced the ‘Suryajyoti Cares Digital Card’ and ‘SuryaJyoti e-Loan’ services, signaling a significant stride toward digital transformation. The official launch took place on...