Kathmandu — The solvency ratio, a key indicator of the financial strength of life insurance companies, has declined significantly since the implementation of the risk-based capital system. An ICRA Nepal report has concluded that the decline reflects the new...

Kathmandu — ICRA Nepal has reaffirmed Citizen Life Insurance Company Limited’s issuer credit rating at ‘BBB+’ (Triple B Plus), signaling a strong capacity to meet financial obligations on time with a relatively low level of financial risk. The rating agency...

Kathmandu — Life insurance companies conducted more than NPR 26.62 billion worth of insurance business in the first month of the current fiscal year 2026/27, July. According to data published by the Nepal Insurance Authority, 14 operating life insurance...

Kathmandu — Life insurance companies collected NPR 21.71 billion in renewal premiums during the first month of the current fiscal year 2026/2027(2083/84). This represents a 32.55 percent increase from the NPR 16.38 billion collected during the same period of...

Kathmandu — The Nepal Insurance Authority has released the first-month statistics for life insurance companies for the current fiscal year 2026/27(2083/84). According to the data, insurers’ first premium income increased by 37.87 percent. In the first month of fiscal...

Kathmandu — Life insurance companies generated more than NPR 26 billion in insurance business in the first month of the current fiscal year 2026/87. According to data published by the Nepal Insurance Authority, 14 operating life insurance companies collected...

Kathmandu — Business from single-premium life insurance policies recorded significant growth in the fourth quarter of fiscal year 2025/26 (2082/83 B.S.). Life insurance companies collected a total of NPR 22.421 billion in single premiums during the period, an increase...

Kathmandu — Citizen Life Insurance Company Limited has provided NPR 15.1 million in financial assistance to the Prime Minister’s Disaster Relief Fund for flood victims. The company said the contribution was made to support the rescue, relief, rehabilitation and...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has provided NPR 5.1 million to the Prime Minister’s Disaster Relief Fund. The cheque was handed over to Finance Minister Swarnim Wagle at the Ministry of Finance today by the company’s Chairperson,...

Kathmandu — Sun Nepal Life Insurance Company Limited has provided NPR 6 million in financial assistance for the rescue, relief and rehabilitation of citizens affected by the devastating floods in the Bhotekoshi River area of Rasuwa. The company deposited...