IME Life Insurance Declares 10.52% Cash Dividend

Kathmandu – IME Life Insurance Company has announced a dividend for its shareholders from the profit of fiscal year 2081/82. A meeting of the company’s Board of Directors held today approved the distribution of a 10.52362 percent cash dividend...


Citizen Life Insurance Announces 20% Cash Dividend

Kathmandu – Citizen Life Insurance Company Limited has declared a cash dividend from the profits of the last fiscal year. The company’s board of directors meeting held on today approved a proposal to distribute a 20 percent cash dividend,...


Nepal Life Announces New Bonus Rates, Insured to Receive Up to Rs 85

Kathmandu – Nepal Life Insurance Company Limited has announced new bonus rates after the Nepal Insurance Authority approved the actuarial valuation report on the company’s financial position and liabilities for the last fiscal year on Mangsir 23. With the...


Sanima Reliance Life Insurance Announces New Bonus Rates

Kathmandu – Sanima Reliance Life Insurance Limited has made public the new bonus rates based on the actuarial valuation report of the last fiscal year. The company stated that the updated rates will apply to all eligible policies and...


Life and Non-Life Insurance Companies Prioritizing Different Investment Horizons

Kathmandu — Insurance companies operating in Nepal are making investments in accordance with the Nepal Insurance Authority’s guidelines, with notable differences in investment patterns between life and non-life insurers. Life insurance companies are found to be placing greater emphasis...


National Life Insurance Honors Top Performers at CEO Club Member Program in Nepalgunj

Kathmandu – National Life Insurance Company Limited has successfully organized the CEO Club Member Honor Program at Hotel Soaltee Westend in Nepalgunj, recognizing outstanding performers from Sudurpaschim and Karnali provinces. The event was chaired by the company’s Chief Executive...


Life Insurance Companies Invest Nearly Rs 800 Billion; Nepal Life Alone Accounts for Over Rs 200 Billion

Kathmandu — Life insurance companies in Nepal have collectively invested close to Rs 800 billion, with Nepal Life Insurance leading the sector by a wide margin. According to the financial statements released by the Nepal Insurance Authority, the 14...


Rastriya Jeevan Beema Company and Rastriya Beema Company Placed Under Close Surveillance by NIA

Kathmandu — The Nepal Insurance Authority (NIA) has placed two government-owned insurers — Rastriya Jeevan Beema Company and Rastriya Beema Company — under close regulatory surveillance following the discovery of serious irregularities in their financial accounts. According to the...


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...