Shikhar Insurance Crosses Rs 6 Billion in Gross Written Premiums, Sets New Milestone

Kathmandu — Shikhar Insurance Company Limited, one of Nepal’s leading non-life insurers, has crossed a major milestone by collecting more than Rs 6 billion in gross written premiums during the current fiscal year 2025/26, marking a significant achievement for the...


Life and Non-Life Insurers Pay Rs. 93 Billion in Claims in 11 Months, Rs. 49.4 Billion Still Pending

Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the...


Life Insurers’ Policy Loans Surpass Rs. 97.5 Billion; IME Life Leads Growth

Kathmandu — Nepal’s life insurance industry continued to expand its policy loan portfolio during the current fiscal year (2025/26, with total loans issued against life insurance policies exceeding Rs. 97.54 billion by the end of the third quarter. According...


Rastriya Jeevan Beema Company Announces New Bonus Rate for FY 2026/27, Annual Payout Continues to Decline

Kathmandu – Rastriya Jeevan beema Company has announced the bonus rate for participating life insurance policies for FY 2026/27, with the declared bonus continuing its downward trend for another consecutive year. Under the newly approved rates, the company will...


Renewal Premiums Climb Almost 12%, IME Life Emerges as Fastest-Growing Insurer

Kathmandu – Nepal’s life insurance industry continued its upward momentum in the current fiscal year, with renewal premium collections rising by 11.63 percent as of mid-June, according to the latest business statistics released by the Nepal Insurance Authority. Life...


Life Insurers’ First-Year Premium Income Rises 26.31%; Company-Wise Breakdown

Kathmandu – Nepal’s life insurance companies recorded a 26.31 percent increase in first-year premium income as of mid-June of the fiscal year 2025/26 (2082/83), according to data released by the Nepal Insurance Authority. The country’s 14 life insurers generated...


Life Insurers’ Premium Income Up 12.64%; IME Life and Citizen Life Lead Growth

Kathmandu – Life insurance companies operating in Nepal earned a total insurance premium of NPR 173.50 billion during the first eleven months of fiscal year 2025/26, according to data published by the Nepal Insurance Authority. According to the data,...


IME Life Upgraded to ‘A-’ Rating on Strong Claims Settlement and Risk Management

Kathmandu – IME Life Insurance Company Limited has received an upgraded credit rating. CARE Ratings Nepal Limited has raised the company’s issuer rating from ‘BBB+’ to ‘A-’, indicating that the insurer is considered adequately safe in meeting its financial...


Sanima Reliance Life Wins ‘Corporate Life Insurance of the Year 2026’ Award

Kathmandu: Sanima Reliance Life Insurance Limited has been honored with the “Corporate Life Insurance of the Year 2026” award at the 18th Corporate Business Awards 2026. Organized by Corporate Media Group, the 18th edition of the Corporate Business Summit...


Reliable Nepal Life’s ‘A-’ Rating Reaffirmed; Strong in Claims Settlement and Risk Management

Kathmandu — Credit rating agency CARE Ratings Nepal has reaffirmed the issuer rating of Reliable Nepal Life Insurance, maintaining its ‘CARE-NP A- (Issuer)’ rating. The rating indicates that the company provides an adequate degree of safety with respect to...