Kathmandu – A writ petition has been filed in the Supreme Court, challenging the qualifications and age of Sharad Ojha, who was recently appointed as the Chairman of the Nepal Insurance Authority. The petition, registered under case number 081...

Kathmandu – Sanima Reliance Life Insurance Limited has distributed an 8% cash dividend to its shareholders, following approval from the company’s eighth annual general meeting held on Chaitra 8 (March 21). The dividend amount has been directly deposited into...

Kathmandu – Life Insurance Corporation Limited (LIC Nepal) has made public its new bonus rate for various insurance plans. The updated rates were determined following the approval of the company’s actuarial report by the Nepal Insurance Authority on Chaitra...

Kathmandu – Life Insurance Corporation (Nepal) Limited has announced a special discount offer for policyholders seeking to renew their lapsed insurance policies. The company made the announcement through a public notice, stating that the discount will be available from...

Kathmandu – Damodar Gautam, the head of the Kushma branch of Reliable Nepal Life Insurance, has tragically passed away in a motorcycle accident while on duty in Annapurna Rural Municipality, Kaski district. Deputy Superintendent of Police and Information Officer...

Kathmandu – The Karnali Province meeting of the Professional Insurance Agents Association Insurance Committee, National Life Insurance has successfully concluded. The meeting resulted in the formation of a 21-member committee under the leadership of Rita Kumari Thapa. Shobha Basnet,...

Kathmandu – National Life Insurance Company Limited, Mahendranagar Branch, successfully concluded its Agent Refresher Program 2081 in Mahendranagar, Kanchanpur. The event saw the participation of around six dozen agents and aimed to enhance their professional knowledge and skills. The...

Kathmandu – The total population covered by Kathmandu Insurance has reached 44.17 percent, including term, short-term, and foreign employment life insurance policies. This marks a slight increase from the 43.16 percent coverage recorded during the same period last fiscal...

Kathmandu – In a move to strengthen Nepal’s health insurance system, Health and Population Minister Pradeep Poudel has decided to allocate 1% of the total income of the Federal Hospital Development Committee to the Health Insurance Fund. This ministerial...

Kathmandu – Ram Kumari Adhikari has been elected as the president of the Professional Insurance Agents Association Nepal Insurance Committee LIC (Nepal). The election took place during the association’s fourth convention held in Janakpur Dham, Madhesh Province, on Saturday....