SuryaJyoti Life Felicitates Top Agents at Agency Award Night 2026

Kathmandu — SuryaJyoti Life Insurance Company Limited organized its “Agency Award Night 2026” in Gwarko, Lalitpur, honoring top-performing agents and agency managers under the theme “Honoring Excellence, Celebrating Achievements.” The event, attended by around 300 Chief Agency Managers, Star...


Sun Nepal Life Celebrates Ninth Anniversary with Focus on Growth and Customer Trust

Kathmandu — Sun Nepal Life Insurance Company Limited has entered its ninth year of operations, continuing to expand its presence in Nepal’s life insurance market. Registered with the Office of the Company Registrar on October 16, 2007, under the...


Insurance Authority Prepares Simplified Claim Process for Families of Missing Rasuwa-Bhotekoshi Flood Victims

Kathmandu — The Nepal Insurance Authority is making final preparations to introduce a separate, simplified procedure to facilitate life insurance claim payments to the dependent family members and legal heirs of people missing in the devastating Rasuwa-Bhotekoshi floods and...


Solvency Ratios Decline Across Life Insurance Industry; IME Life Tops the Table

Kathmandu — The solvency margin ratio, a measure of financial strength and risk-bearing capacity, declined among life insurers in Nepal in the last fiscal year compared with the previous year. The industry’s average ratio fell by 0.47 times, from...


New Risk-Based Capital System Pulls Down Life Insurers’ Solvency Ratios, but Sector Remains Financially Sound

Kathmandu — The solvency ratio, a key indicator of the financial strength of life insurance companies, has declined significantly since the implementation of the risk-based capital system. An ICRA Nepal report has concluded that the decline reflects the new...


ICRA Nepal Reaffirms Citizen Life’s ‘BBB+’ Rating on Strong Solvency and Steady Growth

Kathmandu — ICRA Nepal has reaffirmed Citizen Life Insurance Company Limited’s issuer credit rating at ‘BBB+’ (Triple B Plus), signaling a strong capacity to meet financial obligations on time with a relatively low level of financial risk. The rating agency...


Term Life Insurance Dominates Market with 49% Share of Business

Kathmandu — Life insurance companies conducted more than NPR 26.62 billion worth of insurance business in the first month of the current fiscal year 2026/27, July. According to data published by the Nepal Insurance Authority, 14 operating life insurance...


Life Insurers Collect NPR 21.71 Billion in Renewal Premiums in July

Kathmandu — Life insurance companies collected NPR 21.71 billion in renewal premiums during the first month of the current fiscal year 2026/2027(2083/84). This represents a 32.55 percent increase from the NPR 16.38 billion collected during the same period of...


Life Insurers’ First Premium Income Rises 37.87% in July

Kathmandu — The Nepal Insurance Authority has released the first-month statistics for life insurance companies for the current fiscal year 2026/27(2083/84). According to the data, insurers’ first premium income increased by 37.87 percent. In the first month of fiscal...


Life Insurers’ Business Grows 33%; Rastriya Jeevan Beema and IME Lead Growth

Kathmandu — Life insurance companies generated more than NPR 26 billion in insurance business in the first month of the current fiscal year 2026/87. According to data published by the Nepal Insurance Authority, 14 operating life insurance companies collected...