Kathmandu – Additional financial support has been raised from the insurance sector for the Physical Infrastructure Reconstruction Fund established by the Government of Nepal. National Life Insurance Company Limited on Tuesday handed over a cheque of Rs 10 million...

Kathmandu – NLG Insurance Company Limited has contributed Rs. 2.5 million to the Physical Infrastructure Reconstruction Fund established by the Government of Nepal to support recovery efforts following the damage caused by the recent Gen-Z movement. The company’s Chief...

Kathmandu — Sun Nepal Life Insurance Company has successfully renewed its ISO/IEC 27001:2022 certification from Amtivo Limited, UK, accredited by the United Kingdom Accreditation Service (UKAS). The certification reaffirms the company’s adherence to international standards for information security management...

Kathmandu – Nirmal Dhakal, the newly appointed chairman of the government-owned Rastria Beema Company Limited, has officially taken the oath of office and secrecy. The oath-taking ceremony was held on Monday at the central office of the Nepal Insurance...

Kathmandu – Life Insurance Corporation Limited (LIC Nepal) has appointed Shubhangi Soman as its new independent director. According to the company, he has been appointed to the position effective from Kartik 12, following the completion of the tenure of...

Kathmandu – National Life Insurance Company Limited has officially acquired all founder shares of Himalayan Bank Limited previously held by Pakistan’s Habib Bank Limited, becoming the largest shareholder of the bank. According to National Life CEO Suresh Prasad Khatri,...

Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate...

Kathmandu – Sun Nepal Life Insurance Company Limited has received an upgraded credit rating of ‘Triple B Plus (BBB+)’ from Care Ratings Nepal Limited (CRNL), signaling stronger financial credibility and claim-paying capacity. CRNL cited the company’s consistent premium growth, sound claims management, and improving underwriting...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited successfully concluded its Education Program for Life Insurance Agent Leaders in Sauraha, Chitwan, on Kartik 13, 14, and 15. The three-day event combined capacity-building training with entertainment and motivational sessions. The program...

Kathmandu — National Life Insurance Company Limited organized a special one-night, two-day motivational event titled ‘Start of Success’ for its agents at Hotel Pokhara Grand, Pokhara. The program aimed to inspire agents through the motivational journey and experiences of...