Life Insurance Renewal Premiums Cross NPR 75 Billion in Seven Months of Current FY 2081/82

Kathmandu – Nepal’s life insurance sector has recorded robust growth in renewal insurance fees, with earnings surpassing NPR 75 billion in the first seven months of the current fiscal year 2081/82. According to data released by the Nepal Insurance...


Nepal’s Life Insurance Sector Sees 9.79% Growth, Premium Collection Surpasses NPR 95 Billion

Kathmandu – Nepal’s life insurance industry has witnessed notable growth, with 14 life insurance companies earning a total of NPR 95.38 billion in insurance premiums in the period of seven months of the current financial year 2081/82. This marks...


Risk-Based Capital Now Mandatory for Insurance Companies in Nepal

Kathmandu – Insurance companies in Nepal must now maintain risk-based capital in addition to the minimum paid-up capital set by regulatory authorities. This requirement is outlined in the Insurance Regulations 2081, recently published in the Gazette. The new regulation...


Sharad Ojha Assumes Office as Chairman of Nepal Insurance Authority

Kathmandu – Sharad Ojha has officially assumed office as the chairman of the Nepal Insurance Authority following his appointment by the government. The Cabinet meeting held on Monday, under the leadership of Prime Minister KP Sharma Oli, decided to...


Reliable Nepal Life Insurance Honors MDRT Achievers

Kathmandu – Reliable Nepal Life Insurance successfully conducted its MDRT honor program, celebrating agents who achieved the 2025 MDRT target. The grand event took place at Hotel Crystal Pashupati in Kathmandu. Chief Executive Officer Narayan Babu Lohani, along with...


Sanima Reliance Life Insurance Announces Dividend for Shareholders

Kathmandu – Sanima Reliance Life Insurance Limited has announced a 9.2489% dividend for its shareholders for this year. The company’s board of directors, in a meeting held on February 24, decided to distribute an 8% cash dividend and a...


MetLife Nepal Announces Important Updates for Customers and Agents

Kathmandu – MetLife Nepal has urged its customers to verify the status of their insurance policies, ensuring that those with mature policies receive their partial or full maturity benefits. Customers can easily access this information by visiting the company’s...


Last Day to Secure Dividends of Two Insurance Companies

Kathmandu – Today marks the final opportunity for investors to secure dividends from IME Life Insurance as well as Himalayan Everest Insurance. Both two companies are set to close their books on February 27. Since the Nepal Stock Exchange...


LIC Nepal Completes Opening of Sealed Bids for Unsold Right Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited has completed the opening of sealed bids for its unsold right shares. The bid opening took place on February 24 at Lisara Banquet, Naxal, Kathmandu. The company had issued right shares in...


Minister Paudel Assures Reforms in Health Insurance Amid Viral Controversy

Kathmandu – Health and Population Minister Pradip Paudel has stated that efforts are underway to address distortions in the health insurance program, with reforms progressing in two phases. According to the minister, a task force was formed to provide...