Insurance Agents’ Association Demands Halt to Incentive Cuts, Questions Regulator’s Role

Kathmandu — The Professional Insurance Agents Association Nepal has demanded an immediate halt to cuts in incentive payments to agents after life insurance companies began reducing the amounts they provide. The association has objected to what it says is...


CARE Ratings Nepal Reaffirms Sun Nepal Life’s ‘Triple B Plus’ Rating

Kathmandu – CARE Ratings Nepal has reaffirmed Sun Nepal Life Insurance Company’s ‘CARE-NP Triple B Plus’ issuer rating, pointing to steady premium growth, a sound investment portfolio, reinsurance support and solvency well above the regulatory minimum. The rating signals...


Life Insurers Collect NPR 14.31 Billion in August, Despite 8.21% Annual Decline

Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 14.32 billion in premiums in Bhadra, the second month of fiscal year 2026/27, according to data published by the Nepal Insurance Authority. The total was 8.21% lower than...


Life Insurance Premiums Rise 15% to NPR 40.54 Billion in Two Months; IME Life Posts Fastest Growth

Kathmandu — Nepal’s life insurance companies collected more than NPR 40.54 billion in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), according to data from the Nepal Insurance Authority. The country’s 14 life insurers together...


Life Insurance Premiums Rise 15.01% to NPR 40.54 Billion in Two Months; IME Life Posts Fastest Growth

Kathmandu — Nepal’s life insurance companies collected more than NPR 40.54 billion in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), according to data from the Nepal Insurance Authority. The country’s 14 life insurers together...


Insurers Pay NPR 6.78 Billion in Claims in One Month, Life Insurers Account for NPR 5.47 Billion

Kathmandu — Insurance companies paid a total of NPR 6.78 billion in claims during the first month of fiscal year 2026/27, with life insurers alone accounting for NPR 5.47 billion. According to data from the Nepal Insurance Authority, life...


SuryaJyoti Life Felicitates Top Agents at Agency Award Night 2026

Kathmandu — SuryaJyoti Life Insurance Company Limited organized its “Agency Award Night 2026” in Gwarko, Lalitpur, honoring top-performing agents and agency managers under the theme “Honoring Excellence, Celebrating Achievements.” The event, attended by around 300 Chief Agency Managers, Star...


Sun Nepal Life Celebrates Ninth Anniversary with Focus on Growth and Customer Trust

Kathmandu — Sun Nepal Life Insurance Company Limited has entered its ninth year of operations, continuing to expand its presence in Nepal’s life insurance market. Registered with the Office of the Company Registrar on October 16, 2007, under the...


Insurance Authority Prepares Simplified Claim Process for Families of Missing Rasuwa-Bhotekoshi Flood Victims

Kathmandu — The Nepal Insurance Authority is making final preparations to introduce a separate, simplified procedure to facilitate life insurance claim payments to the dependent family members and legal heirs of people missing in the devastating Rasuwa-Bhotekoshi floods and...


Solvency Ratios Decline Across Life Insurance Industry; IME Life Tops the Table

Kathmandu — The solvency margin ratio, a measure of financial strength and risk-bearing capacity, declined among life insurers in Nepal in the last fiscal year compared with the previous year. The industry’s average ratio fell by 0.47 times, from...