Himal Koirala Appointed Company Secretary of National Life Insurance

Kathmandu – National Life Insurance Company Limited has appointed Himal Koirala as its new Company Secretary. Previously serving as Deputy Administration Manager, Koirala holds a master’s degree in law and brings strong legal expertise to the role. He replaces...


Rajendra Bahadur Chand Unanimously Elected President of National Life Central Insurer Committee

Kathmandu – Rajendra Bahadur Chand has been unanimously elected as President of the National Life Insurer Committee under the Professional Insurance Agents Association Nepal. He was elected during the association’s second national convention, held in Butwal on Friday, where...


In February, Asian Life, Prabhu Mahalaxmi, and Citizen Life Post Strong Growth; Nepal Life and National Life See Decline

Kathmandu — Life insurance companies in Nepal collected a total of Rs 13.66 billion in insurance premiums in February of the current fiscal year. According to data published by the Nepal Insurance Authority, the 14 operating life insurance companies...


Formation of Nepal Life Damak Branch Committee Under Nepal National Insurance Agents Association

Kathmandu — A new branch committee has been formed at the Damak branch of Nepal Life Insurance Company Limited under the Nepal National Insurance Agents Association. The committee has been established with the aim of uniting all insurance agents,...


LIC Nepal Upgraded to ‘AA-’ Rating, Highlighting Strong Reliability and Financial Strength

Kathmandu — Life Insurance Corporation Nepal (LIC Nepal), one of the most experienced players in the country’s life insurance sector, has received a rating upgrade. ICRA Nepal has raised the company’s rating to ‘AA-’, up from its previous ‘A...


Sanima Reliance Life Insurance Marks Its 9th Anniversary Today

Kathmandu — Sanima Reliance Life Insurance Limited is celebrating its 9th anniversary today in Kathmandu. The company was formed on March 23, 2023 following the merger of Sanima Life Insurance and Reliance Life Insurance. Since the merger, the organization...


Insurance Authority Cracks Down, Fines Eight Companies

Kathmandu – The Nepal Insurance Authority has fined eight insurance companies for non-compliance with regulatory provisions. The regulator imposed a penalty of two lakh rupees on each company for failing to operate in line with the Insurance Act. According...


Bonus Shares of 6 Companies, Including National Life, Listed

Kathmandu – Bonus shares of six companies from various sectors have been listed on the Nepal Stock Exchange (NEPSE). On Sunday, Sana Kisan Bikas Laghubitta listed 6,145,485 units of bonus shares (14.25%), Nepal SBI Bank listed 4,359,663 units (4%),...


Reliable Nepal Life Kathmandu Region Hosts Semi-Annual Agency Recognition and Motivation Program

Kathmandu – Reliable Nepal Life Insurance Limited’s Kathmandu Region recently hosted a grand Semi-Annual Agency Manager Recognition and Motivation Program on March 20–21, 2026, at Hotel View Bhrikuti in Godawari, Lalitpur. The event was organized to recognize and encourage...


Santosh Prasai, CEO of Prabhu Mahalaxmi Life, Honored with ‘Insurance Category Award’

Kathmandu – Santosh Prasai, Chief Executive Officer of Prabhu Mahalaxmi Life Insurance Limited, has been honored with the Insurance Category Award under the Koshi Excellence Award 2026. This recognition was given in appreciation of his contributions to the insurance...