Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 150.62 billion in renewal premiums during the last fiscal year 2025/26 (2082/83), marking a 9.36 percent increase from NPR 137.73 billion in the previous fiscal year 2024/25 (2081/82)....

Kathmandu — Nepal’s life insurance industry posted solid growth in the last fiscal year, with total gross written premiums rising 12.43 percent year-on-year to NPR 200.19 billion, according to data released by the Nepal Insurance Authority. The country’s 14...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has concluded its four-day Branch Managers’ Conference in Chitwan, bringing together branch leaders and senior management to review performance, outline future strategy, and recognize outstanding employees. Held from July 30 to August...

Kathmandu — IME Life Insurance Company Limited hosted its Business Excellence Award Night 2026 at Hotel Yak & Yeti on Friday to celebrate the achievements of its top-performing insurance agents. The event was organized to recognize the dedication of...

Kathmandu — The Supreme Court’s recent ruling on premium-priced initial public offerings (IPOs) is not expected to impose any additional financial burden on the five insurance companies that issued shares at a premium, as the Nepal Insurance Authority had...

Kathmandu — National Life Insurance Company has honored around 300 high-performing agents who achieved the targets set under its monthly incentive scheme for April/May 2026, alongside organizing a specialized training and recognition program at Hotel Royal Tulip in Lalitpur....

Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in...

Kathmandu — Nepal Life Insurance has become the first life insurer in Nepal to generate more than Rs. 13 billion in first-year insurance premiums, setting a new benchmark for the country’s life insurance industry. The milestone comes as the...

Kathmandu — The Nepal Insurance Authority has introduced a new set of regulatory requirements to strengthen the implementation of Nepal Financial Reporting Standard (NFRS) 17, requiring insurers to comply with updated rules governing financial reporting, bonus declarations, annual general...

Kathmandu — Reliable Nepal Life Insurance Limited’s IBRD Branch has handed over an insurance claim of Rs. 1.385 million to the family of late Sita Devi Rana under a term life insurance policy. The claim amount was presented to...