Kathmandu. Asian Life Insurance Company Limited has announced a waiver of up to 100% on the interest charged for renewing lapsed insurance policies. According to the company, policies that have exceeded six months past the premium due date (fully...

Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the...

Kathmandu — Life insurance companies operating in Nepal generated NPR 120.72 billion in renewal premium income during the first ten months of fiscal year 2025/26 (2082/83). According to financial data released by the Nepal Insurance Authority, the country’s 14...

Kathmandu — Nepal’s life insurance industry recorded a sharp rise in new business generation during the current fiscal year, with first-year premium income increasing by 29 percent year-on-year. Life insurers generated a total of NPR 35.45 billion in first-year...

Kathmandu — Nepal’s life insurance industry recorded solid growth during the current fiscal year, with life insurers collectively generating NPR 156.17 billion in gross written premiums by the end of mid-May 2026 (through Baisakh of FY 2082/83). According to...

Kathmandu – Nepal’s life insurance industry recorded a 17 percent increase in life insurance funds compared with the previous year, reflecting continued growth in long-term policyholder reserves. By the end of FY 2025/26 (2082/83), life insurance companies had accumulated a...

KATHMANDU — Life insurance companies in Nepal have invested more than NPR 46 billion in the stock market as of the third quarter of the current fiscal year 2025/26. According to data released by the Nepal Insurance Authority, 13...

Kathmandu — Citizen Life Insurance has been honored with the prestigious international title of ‘Best Life Insurance Company of the Year – Nepal’ under the 6th Emerging Asia Insurance Awards 2025. The award was announced during a grand ceremony...

Kathmandu — The commission expenses paid by 14 life insurance companies to their agents for business generation have increased by 12.04 percent in the third quarter of the current fiscal year 2025/26 (2082/83). According to the financial statements published...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has had its issuer rating reaffirmed based on its overall financial strength and continued business expansion. Credit rating agency ICRA Nepal has reaffirmed the company’s issuer rating at “ICRA NP-IR Triple B...