Life Insurance Business Grows by 14.62% in Q3; Nepal Life Leads in Volume, Reliable Nepal in Growth Rate

Kathmandu — The life insurance sector in Nepal has recorded a 14.62% growth in insurance premium income in the third quarter of the current fiscal year, signaling a strong recovery and rising public engagement with life insurance products. According...


Non-Life Insurance Sector Sees 7.11% Growth; Oriental Insurance Leads in Expansion

Kathmandu — Nepal’s non-life insurance industry has recorded a modest yet steady growth of 7.11% in the third quarter of the current fiscal year, with total business volume rising from Rs. 29.99 billion last year to Rs. 32.12 billion...


Nepal Life Completes 24 Years, Steps into 25th Year with Focus on Service and Growth

Kathmandu — Nepal Life Insurance Company has officially entered its 25th year today, marking 24 years since its establishment on Baisakh 21, 2058 BS. To commemorate the milestone, the company is launching a nationwide celebration, including health camps, blood...


Himalayan Life Insurance Reports 8.49 Percent Net Profit Growth in Q3, Life Insurance Fund Surges to Rs 73.77 Billion

Kathmandu — Himalayan Life Insurance Limited has reported a net profit of Rs 472.4 million for the third quarter of the current fiscal year, reflecting an 8.49% increase compared to Rs 435.4 million posted during the same period last...


IME Life Insurance Reports Over Rs 366 Million Net Profit in Q3, Records Over 10% Growth

Kathmandu – IME Life Insurance Company Limited has reported a net profit of Rs 366.3 million for the third quarter of the current fiscal year, marking a 10.49% increase compared to the Rs 331.5 million recorded during the same...


Government to Expand Health Services in Upcoming Fiscal Year 2082/83, Improve Health Insurance

Kathmandu – The Government of Nepal has laid out an ambitious roadmap to decentralize specialized medical services and transform the country’s health infrastructure. The new plans, outlined in the national policy and program for the upcoming fiscal year, signal...


Neco Insurance Calls 29th AGM to Approve 7% Bonus Shares and Cash Dividend

Kathmandu – Neco Insurance Limited has announced the date for its 29th Annual General Meeting (AGM), scheduled for Jestha 9 (May 23) at 11 a.m. at Lisara Reception, Naxal. The company will seek shareholder approval for a set of...


Citizens Can Now Access Health Insurance Benefits from Their Place of Residence

Kathmandu – The Government of Nepal has approved key amendments to the Health Insurance Regulations, allowing insured citizens to access benefits directly from their current place of residence. The Cabinet endorsed the proposal presented by Minister of Health and...


IME Life Insurance Offers 20% Discount on Lumbini Cable Car Tickets

Kathmandu – IME Life Insurance Company has entered into a partnership with Lumbini Cable Car Pvt. Ltd., offering a 20 percent discount on cable car tickets to its insured members, agents, and employees. According to the agreement, insured individuals...


Eye Health to be Included in National Health Insurance: PM Oli

Kathmandu – Prime Minister KP Sharma Oli on Tuesday announced that eye health services will be formally integrated into Nepal’s national health insurance program (NHIP) to bolster universal healthcare and reduce preventable vision loss. The announcement was made during...