Kathmandu — Life insurance companies in Nepal have collected a total of Rs 140.35 billion in premiums from various policy types by end of Baisakh (mid-May) of the current fiscal year. The collection comes from the sale of all...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its eighth annual general meeting, during which shareholders approved the company’s annual report for the previous fiscal year and passed several important resolutions. The annual report revealed that some...

Kathmandu -– Shareholders of Himalayan Life Insurance Limited must be registered by today, 27th Jestha (June 10), to be eligible for the company’s proposed dividend and to participate in its upcoming Annual General Meeting (AGM). The company has announced...

Kathmandu — Suspicious transactions within Nepal’s insurance sector have more than doubled annually, raising fresh concerns about money laundering risks and exposing regulatory weaknesses in oversight mechanisms. Despite provisions requiring insurance companies to establish dedicated departments to combat money...

Kathmandu — The eighth annual general meeting (AGM) of Prabhu Mahalaxmi Life Insurance Limited concluded today at Amrapali Banquet, Kathmandu. The meeting was chaired by Shiksha Bhattachan, Chairperson of the company’s Board of Directors. The AGM approved the proposal...

Kathmandu — SuryaJyoti Life Insurance Company has announced a discount on the late fee charged for the renewal of expired insurance policies. According to the company, a 50 percent discount will be provided for the renewal of insurance policies...

Kathmandu — Himalayan Life Insurance Limited has announced a special discount on late fees for expired policies. The offer applies to insurance policies originally issued by the former Prime Life Insurance, Union Life Insurance, and Gurans Life Insurance—companies that...

Kathmandu — Asian Life Insurance Company Limited has announced a dividend of 5.3684 percent for its shareholders for the current fiscal year. The decision was made during a meeting of the company’s board of directors held on Jestha 25...

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of Reliable Nepal Life Insurance Limited to account for the company’s recent 12 percent bonus share declaration. Following the adjustment, the share price has been revised from...

Kathmandu — Despite economic challenges and structural hurdles, Nepal’s insurance sector has managed a modest yet notable growth in outreach. According to the latest report by the Nepal Insurance Authority, insurance coverage has increased by 3.83 percent, bringing the...