Last Day to Secure Asian Life Insurance Company’s Dividend

Kathmandu – Today marks the last day for shareholders of Asian Life Insurance Company Limited to secure eligibility for the company’s proposed dividend and participate in its upcoming Annual General Meeting (AGM). The company will close its books tomorrow,...


Insurers Must Strengthen IT and Data Management for Sector Growth, Says Ojha

Kathmandu – The Nepal Insurance Authority (NIA) has called on insurance companies to significantly enhance their use of information technology and strengthen data management practices to promote the growth and transparency of the insurance sector. Speaking at a discussion...


Life Insurance Companies Report Rs 4.16 Billion in New Business in Jestha, Marking 24.84% Growth

Kathmandu – Life insurance companies in Nepal recorded a significant rise in new business in the month of Jestha (mid-May to mid-June), generating Rs 4.16 billion in insurance premiums, including foreign employment insurance. According to data released by the...


Himalayan Everest Insurance Urges Insured to Submit Pending Documents for Claim Settlement

Kathmandu – Himalayan Everest Insurance Limited has issued a public notice urging policyholders to promptly submit pending documents necessary for claim settlements. According to the company, several claim applications submitted over different periods remain incomplete due to missing documentation....


Life Insurance Premiums Reach Rs 155.15 Billion Nationwide, Bagmati Province Leads the Market

Kathmandu — Life insurance and microinsurance companies operating across Nepal have collectively generated over Rs 155.15 billion in insurance premiums across all seven provinces by the end of Jestha month, according to data released by the Nepal Insurance Authority....


Mero Microfinance Calls for Sealed Bids for Employee and Member Insurance Services

Kathmandu — Mero Microfinance Laghubitta Bittiya Sanstha Limited has issued a public notice inviting sealed bids for insurance services, targeting both its employees and members. According to the announcement, the company is seeking proposals for group term life insurance...


From Tourism to Trust: Citizen Life’s Charchit Shrestha Redefines Insurance in Central Nepal

Kathmandu – In just two years, Charchit Shrestha—a former photographer and businessman from Parbat—has become a rising figure in Nepal’s life insurance landscape, bringing a fresh wave of professionalism, empathy, and regional impact through Citizen Life Insurance. Currently serving...


Sun Nepal Life Announces New Bonus Rates for Policyholders

Kathmandu – Sun Nepal Life Insurance Company Limited has officially announced new bonus rates for its life insurance policyholders following the approval of its actuarial valuation report by the Nepal Insurance Authority on Ashar 15 (June 29). The newly...


Life Insurers Yet to Recover Over Rs 700 Million in Agent Loans

Kathmandu – Life insurance companies in Nepal are still struggling to recover more than Rs 700 million in loans disbursed to their insurance agents, raising concerns about compliance with regulatory directives and financial discipline within the industry. According to...


Life Insurance Premiums Rise by 11.41% in Jestha

Kathmandu – Nepal’s life insurance sector has witnessed a notable rise in premium income, with a monthly growth of 11.41 percent recorded in the month of Jestha (mid-May to mid-June), according to the latest report released by the Nepal...