Suryajyoti Life Insurance Offers Up to 50% Discount on Renewal of Expired Policies

Kathmandu – Suryajyoti Life Insurance Company Limited has announced a special discount of up to 50% on the interest charged for renewing expired insurance policies. The company issued a public notice and implemented the facility starting today, which will...


Asian Life Insurance Allots Unallocated Right Shares Through Auction

Kathmandu – Asian Life Insurance Company Limited has completed the allotment of unallocated right shares put up for sale through an auction process conducted from Bhadra 22 to Ashoj 5 (September 7 to 21). The company had offered 30,038.57...


Suryajyoti Life Contributes Rs 15 Million to Physical Infrastructure Reconstruction Fund

Kathmandu – Suryajyoti Life Insurance Company has donated Rs 15 million to the Government of Nepal’s ‘Physical Infrastructure Reconstruction Fund’ to aid the reconstruction of public and government infrastructure damaged during the Gen Z protest on Bhadra 23 and...


MetLife Partners with Global Citizen to Drive Global Economic Empowerment

Kathmandu — MetLife, a leading provider of insurance and employee benefits, has announced a three-year global partnership with Global Citizen, the world’s largest movement to end extreme poverty. The collaboration aims to promote financial empowerment, education, and community resilience...


Prabhu Mahalaxmi Life Insurance Puts 142,300 Promoter Shares Up for Auction

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the auction of 142,300 units of its promoter shares. The company has opened the sale through an auction process, inviting bids from interested investors. According to the company, the minimum...


Life Insurance Premiums Reach Rs 35.99 Billion in Bhadra

Kathmandu – Life insurance and micro life insurance companies in Nepal reported strong business performance in the month of Bhadra of the current fiscal year, with total premium collections amounting to Rs 35.99 billion. According to financial statements released...


Life Insurance Companies in Collect Rs 3.26 Billion in Bhadra, Marking strong Growth

Kathmandu – Life insurance companies in Nepal have reported robust growth in new business during the month of Bhadra, with total premiums reaching Rs 3.26 billion, marking a significant increase compared to the previous fiscal year. According to data...


Ashok Kumar Agrawal Appointed Director of LIC Nepal

Kathmandu – Ashok Kumar Agrawal has been appointed as the new director of Life Insurance Corporation (LIC) Nepal. The appointment was confirmed during the 144th meeting of the company’s Board of Directors, held on Ashoj 2 (September 18).


Nepal Life Investment Holds First Annual General Meeting

Kathmandu – Nepal Life Investment Company successfully concluded its first annual general meeting (AGM) today under the chairmanship of Amit Kumar Kayal, Chairman of the Board of Directors. The AGM endorsed the financial statements for the fiscal year 2081/82,...


Janakraj Sharma Assumes Office as Chairman of Nepal Insurance Authority

Kathmandu — Janakraj Sharma has officially assumed office as the new Chairman of the Nepal Insurance Authority. He took charge immediately after taking the oath of office and secrecy before Finance Minister Rameshwor Khanal today. Sharma was appointed to...