MDRT Global Conference Revises Business Targets, Increasing Requirements by 18 Percent

Kathmandu – The MDRT Global Conference, a major annual event for insurance agents worldwide, has revised its business targets for the upcoming year. The conference has increased this year’s participation target by 18 percent compared to last year. Insurance...


Laxmi Ghimire Achieves MDRT Target for 2025 and Secures COT Qualification for 2026

Kathmandu – Laxmi Ghimire, an agent of IME Life Insurance Company Limited, has successfully met the annual target set by the Million Dollar Round Table (MDRT) for Nepal in 2025. In addition, she has achieved the prestigious Court of...


Life Insurance Premium Income Rises 12.25% in First Quarter of 2082/83

Kathmandu – All 14 life insurance companies have published their first quarter financial statements for the current fiscal year, revealing a 12.25 percent growth in total life insurance business compared to the same period last fiscal year. By the...


Life Insurance Agents Receive Rs 3.59 Billion in Commission in First Quarter

Kathmandu – Life insurance agents across the country received a total commission of Rs 3.59 billion in the first three months of the current fiscal year, according to the latest industry data. This marks a 10.52 percent increase compared...


One Million Trees for a Safer Future: Sun Nepal Life Partners with Lumbini World Peace Forum

Kathmandu – Sun Nepal Life Insurance Company Limited has partnered with Lumbini World Peace Forum to launch the ‘One Million Trees Campaign’, a long-term initiative aimed at promoting environmental conservation and sustainability. Through this collaboration, the company aims to...


Life Insurance Companies in Nepal Reports 2.51% Net Profit Growth in Q1

Kathmandu –  The net profit of Nepal’s life insurance companies has grown modestly by 2.51 percent during the first three months of the current fiscal year, according to financial statements published by the insurance companies. The 14 life insurance...


Sanima Reliance Life Insurance Reports 12.53% Profit Growth in Q1

Kathmandu – Sanima Reliance Life Insurance Company Limited has published its unaudited financial statements for the first quarter of the current fiscal year, showing significant growth across key economic indicators. The company recorded a net profit of Rs 149.6...


MetLife Reports Improved Indicators in Q1; Life Fund Grows by 14.83%

Kathmandu – MetLife has released its unaudited financial statements for the first quarter of the current fiscal year 2082/83, showing improvements across most key indicators. The company posted a net profit of Rs 97.1 million in the first three...


Rastriya Jeevan Beema Company Records Rs 1.2 Million Profit in Q1

Kathmandu – The government-owned Rastriya Jeevan Beema Company has published its unaudited financial statements for the first quarter of the current fiscal year, reporting a modest profit alongside a slight contraction in business volume. According to the statement, the...