Life Insurance Companies Expand Capital Market Investments, Himalayan Life Leads with Rs 10 Billion

Kathmandu – Life insurance companies in Nepal have significantly expanded their investments in the capital market, channeling billions into shares of listed companies across various sectors. According to the Nepal Insurance Authority (NIA), the 14 life insurance companies currently...


Life Insurance Companies’ Total Expenses Reaches Rs 233.8 Billion, Nepal Life Tops the List

Kathmandu – Life insurance companies in Nepal have reported a sharp rise in total expenses, with the 14 life insurers currently in operation spending a combined Rs 233.9 billion in the last fiscal year (FY). This marks a 12.86...


IME Life Insurance Partners with Grande Hospital to Offer Discounts

Kathmandu – Customers, agents, and employees of IME Life Insurance Company will now receive discounts on healthcare services at Grande Hospital under a new partnership agreement between the two institutions. As per the agreement, insured persons of IME Life,...


NEPSE Index Drops 38 Points; Majority of Insurance Stocks Decline

Kathmandu – The Nepal Stock Exchange (NEPSE) closed lower on the last trading day of the week, with the benchmark index falling by 38.10 points to settle at 2,782 points. Out of the total listed companies, share prices of...


Life Insurance Companies Earn Rs 250.53 Billion in FY 2081/82, Reliable Nepal Tops Growth Rate

Kathmandu – The 14 life insurance companies operating in Nepal earned a combined income of Rs 250.53 billion in the fiscal year 2081/82, reflecting a 12.01 percent growth compared to the previous year. According to the companies’ published financial...


Rastriya Jeevan Beema Company to Conduct Agent Training in Narayangadh and Itahari

Kathmandu – Rastriya Jeevan Beema Company Limited has announced that it will be conducting agent training programs in Narayangadh and Itahari. According to the public notice issued by the company, the training in Narayangadh will take place from Bhadra...


Insurance Sector Provides Rs 11.41 Billion in Employee Facilities Annually

Kathmandu – Nepal’s insurance sector has increasingly become an attractive employment destination, with more than 12,000 employees receiving service facilities annually. According to the financial statements of the last fiscal year, a total of 12,251 employees working in life...


Life Insurance Companies in Nepal Disburse Rs 93.99 Billion Rupees in Policy Loans

Kathmandu – Life insurance companies operating in Nepal have extended loans worth nearly one hundred billion rupees to their insureds. During the fourth quarter of the last fiscal year, the country’s 14 life insurance companies collectively disbursed insurance policy...


Life Insurance Companies Single Premium Income Soars, Nepal Life Leads the Market

Kathmandu – The single premium income of life insurance companies has risen sharply in the last fiscal year (2081/082), marking a significant growth trend in the insurance sector. According to the fourth-quarter financial statements published by the companies, the...


Om Prakash Rai Appointed Province Chief of IME Life Insurance in Madhesh Province

Kathmandu – IME Life Insurance Limited has appointed Om Prakash Rai as the Province Chief of Madhesh Province. Rai, a seasoned insurance professional, has been associated with the company since its inception, holding key roles across Koshi Province, including...