Kathmandu — The chairmen of Guardian Micro Life Insurance and Protective Micro Insurance have reportedly become unreachable amid an ongoing investigation into insurance company share investments. The Department of Money Laundering Investigation has already directed the chairpersons and shareholders...
Kathmandu — Citizen Life Insurance Company Limited’s Bhairahawa branch has settled an insurance claim worth NPR 14.89 million in favor of Bhagwati Khatri, a resident of Ward No. 13, Siddharthanagar Municipality. The claim followed the tragic death of local...
Kathmandu — IME Life Insurance Company Limited has published its financial results for the third quarter of the current fiscal year. The report shows improvements in most key indicators, including profit, compared to the same period last year. The...
Kathmandu — The government has amended two provisions of the Insurance Act, 2022 through an ordinance issued yesterday to revise several Nepal Acts. The amendment removes the previously fixed four-year tenure for members under Section 9 of the Act....
Kathmandu — Nepal’s insurance industry is increasingly positioning itself as a strong source of employment. In recent years, the sector has attracted a growing workforce, with more than 12,000 people now directly employed across life, non-life, and micro-insurance companies....
Kathmandu – Suryajyoti Life Insurance Company Limited has released its third-quarter financial results for the current fiscal year, covering the period up to mid-April (end of Chaitra). The report shows broad-based growth across most financial indicators compared to the...
Kathmandu — Nepal Insurance Authority, the regulatory body of the insurance sector, has been prioritizing the resolution of insurance-related complaints and dispute petitions. Despite delays in leadership appointments, the authority has recently stepped up efforts to address pending and...
Kathmandu, April 2026 — The total value of life insurance policy surrenders has exceeded NPR 10 billion by the end of the third quarter of the current fiscal year. According to the latest “Insurance Snapshot” published by the Nepal...
Kathmandu — The Nepal Insurance Authority has instructed insurance companies to implement an e-billing system. The directive aims to strengthen financial discipline in the insurance sector, enhance transparency in transactions, ensure tax compliance, and make service delivery more technology-friendly....
Kathmandu — Reliable Nepal Life Insurance Limited has paid a claim under its full disability benefit. Mrs. Khagisara Shrestha, a resident of Ward No. 2, Gurans Rural Municipality in Dailekh District, had purchased an insurance policy under the “Reliable...