Kathmandu – Nepal’s life insurance industry continued its upward momentum in the current fiscal year, with renewal premium collections rising by 11.63 percent as of mid-June, according to the latest business statistics released by the Nepal Insurance Authority. Life...

Kathmandu – Nepal’s life insurance companies recorded a 26.31 percent increase in first-year premium income as of mid-June of the fiscal year 2025/26 (2082/83), according to data released by the Nepal Insurance Authority. The country’s 14 life insurers generated...

Kathmandu – Life insurance companies operating in Nepal earned a total insurance premium of NPR 173.50 billion during the first eleven months of fiscal year 2025/26, according to data published by the Nepal Insurance Authority. According to the data,...

Kathmandu – IME Life Insurance Company Limited has received an upgraded credit rating. CARE Ratings Nepal Limited has raised the company’s issuer rating from ‘BBB+’ to ‘A-’, indicating that the insurer is considered adequately safe in meeting its financial...

Kathmandu: Sanima Reliance Life Insurance Limited has been honored with the “Corporate Life Insurance of the Year 2026” award at the 18th Corporate Business Awards 2026. Organized by Corporate Media Group, the 18th edition of the Corporate Business Summit...

Kathmandu — Credit rating agency CARE Ratings Nepal has reaffirmed the issuer rating of Reliable Nepal Life Insurance, maintaining its ‘CARE-NP A- (Issuer)’ rating. The rating indicates that the company provides an adequate degree of safety with respect to...

Kathmandu – Former Sulabh Agrawal, chairman of Himalayan Life Insurance Limited, and the company’s former Chief Executive Officer Manoj Kumar Lal Karn have been found to have misused funds from the life insurance fund. According to the findings, Deepak...

Kathmandu —  IME Life Insurance Company Limited has achieved a significant milestone in its issuer rating. CARE Ratings Nepal has upgraded the company’s rating from CARE-NP BBB+ (Triple B Plus) to CARE-NP AAA- (Triple A Minus). According to the...

Kathmandu — Life insurance companies have once again become increasingly aggressive in selling single-premium life insurance policies, a product widely regarded as unfavorable for the long-term sustainability of life insurance business. According to data released by the Nepal Insurance...

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...