ConnectIPS Launches Monsoon Cashback Campaign on Life Insurance Premiums

Kathmandu — ConnectIPS has rolled out an attractive cashback campaign titled “Cashback with Safety, with ConnectIPS”, targeting life insurance policyholders across Nepal. The scheme, which began on Jestha 4 and will continue until Shrawan 31 (May 18 – August...


Himalayan Life Insurance Urges Shareholders to Pay Tax on Bonus Shares

Kathmandu — Himalayan Life Insurance Limited has called on its shareholders to deposit the 14% tax applicable on bonus shares approved during the company’s 17th Annual General Meeting held on Falgun 11, 2081 BS. According to the company, shareholders...


Reliable Nepal Life Organizes Motivational Training for Over 200 Agents in Kathmandu

Kathmandu — Reliable Nepal Life Insurance Limited has conducted a motivational program for more than 200 insurance agents from its various branches within the Kathmandu Region. The event took place on Saturday at Basundhara. The program aimed to encourage...


Sanima Reliance Life Insurance Announces Revival Campaign with Full Waiver on Late Fees

Kathmandu – Sanima Reliance Life Insurance has unveiled a special revival campaign offering a 100 percent discount on late fees for the renewal of expired life insurance policies. The initiative, aimed at policyholders who have missed premium payments due...


Suresh Prasad Khatri Reappointed as CEO of National Life Insurance Company

Kathmandu — National Life Insurance Company has officially reappointed Suresh Prasad Khatri as its Chief Executive Officer (CEO), marking his second term at the helm of the organization. The decision was made during the company’s board meeting held on...


Asian Life Insurance Announces New Bonus Rates for Policyholders

Kathmandu — The Nepal Insurance Authority has approved the actuarial report on the financial position and liability valuation of Asian Life Insurance Company Limited for the previous fiscal year, paving the way for the company to release its updated...


Suryajyoti Life Insurance Settles Rs 713 Million in Claims Over 10 Months

Kathmandu – Suryajyoti Life Insurance has disbursed insurance claims amounting to Rs 713 million in the first ten months of the ongoing fiscal year 2081/82. The company settled a total of 2,046 claims during this period, reflecting its commitment...


Prabhu Mahalaxmi Life Insurance Announces Date for Eighth AGM, Proposes 8% Bonus Shares

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced its eighth Annual General Meeting (AGM), scheduled for 11 AM on Jestha 26 (June 9) at Amrapali Banquet, Kathmandu. The company’s board of directors has proposed the distribution of 8...


Sanima Reliance’s ‘Shubha Lakshmi’ Plan Gains Popularity for High-Risk Coverage at Affordable Premiums

Kathmandu – Sanima Reliance Life Insurance’s ‘Shubha Lakshmi Life Insurance Plan’ is receiving increasing interest among policyholders, especially those in high-risk professions and with moderate incomes. The plan stands out in the market for offering up to three times...


Life Insurance Solvency Ratio Stands at 2:39, Himalayan Life Tops the Solvency Chart

Kathmandu – Despite a slight dip in the average solvency ratio, Nepal’s life insurance sector continues to demonstrate strong financial health, with most companies maintaining a capacity well above the regulatory requirement. The third quarter financial reports of the...