Kathmandu — The Nepal Insurance Authority (NIA) convened a high-level discussion with the chairpersons and directors of life insurance companies operating in Nepal, emphasizing the need for stronger governance, accountability, and proactive leadership in the sector. The interaction, held...

Kathmandu – Endowment insurance policies have taken the lead in Nepal’s life insurance sector, contributing the largest share of premium collection, according to the latest data published by the Nepal Insurance Authority. As of the end of Baisakh (mid-May)...

Kathmandu – Life insurance coverage in Nepal has reached an all-time high, with 47.39 percent of the population now under some form of life insurance protection, according to the latest data published by the Nepal Insurance Authority (NIA) as...

Kathmandu – IME Life Insurance Company has entered into a partnership with Meditech International Hospital and Research Center, Butwal, to provide special discounts on healthcare services to its policyholders, agents, and employees. Under this collaboration, individuals insured by IME...

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 140.35 billion in premiums from various policy types by end of Baisakh (mid-May) of the current fiscal year. The collection comes from the sale of all...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its eighth annual general meeting, during which shareholders approved the company’s annual report for the previous fiscal year and passed several important resolutions. The annual report revealed that some...

Kathmandu -– Shareholders of Himalayan Life Insurance Limited must be registered by today, 27th Jestha (June 10), to be eligible for the company’s proposed dividend and to participate in its upcoming Annual General Meeting (AGM). The company has announced...

Kathmandu — Suspicious transactions within Nepal’s insurance sector have more than doubled annually, raising fresh concerns about money laundering risks and exposing regulatory weaknesses in oversight mechanisms. Despite provisions requiring insurance companies to establish dedicated departments to combat money...

Kathmandu — The eighth annual general meeting (AGM) of Prabhu Mahalaxmi Life Insurance Limited concluded today at Amrapali Banquet, Kathmandu. The meeting was chaired by Shiksha Bhattachan, Chairperson of the company’s Board of Directors. The AGM approved the proposal...

Kathmandu — SuryaJyoti Life Insurance Company has announced a discount on the late fee charged for the renewal of expired insurance policies. According to the company, a 50 percent discount will be provided for the renewal of insurance policies...