Kathmandu – The government has enforced the Insurance Regulations, 2081, introducing stricter policies to improve regulation, management, and transparency in the insurance sector. Under the new regulations, educational qualifications for insurance agents have been revised. Existing agents must have...
Kathmandu – Citizen Life Insurance successfully concluded its ‘Citizen Life MDRT 2025’ program in Chitwan, celebrating agents who achieved the prestigious MDRT and COT targets for 2025. The event, held at Siraichuli Hotel, was marked by enthusiasm and recognition....
Kathmandu – The Nepal Insurance Authority has initiated a study to investigate the growing trend of insurance policy surrenders in the country. In response to the increasing rate of policy abandonment, the Authority has formed a study team comprising...
Kathmandu – Himalayan Life Insurance Limited successfully conducted its 17th Annual General Meeting (AGM) on Sunday at Anupam Foodland and Banquet, Battisputli, Kathmandu. The meeting, which commenced at 10:30 AM, saw the passage of key financial resolutions, including the...
Kathmandu – Insurance companies operating in Nepal have collectively spent over Rs 5.6 billion on employee benefits, including salaries and allowances, up to the end of the current financial year. According to the second-quarter financial reports published by these...
Kathmandu – Citizen Life Insurance limited has announced dividend distribution for its shareholders. The company’s board of directors, in a meeting held on February 20, decided to distribute a 26.98% bonus share and a 1.42% cash dividend (for tax...
Kathmandu – Kabi Phuyal has officially resumed his position as Senior Deputy Chief Executive Officer (Senior Deputy CEO) of Sun Nepal Life Insurance Company. Phuyal assumed office on February 20 at the company’s central office, marking his return to...
Kathmandu – Sanima Reliance Life Insurance Limited has published its latest bonus rates for policyholders based on the actuarial evaluation of the last financial year. The company has set bonus rates ranging from a minimum of NPR 19 to...
Kathmandu – National Life Insurance Company has honored Bimal Neupane for achieving the ‘Top of the Table’ (TOT) target set by the Million Dollar Round Table (MDRT), marking a historic first for the company. In a grand ceremony held...
Kathmandu – Rastriya Jeewan Beema Company Limited is set to conduct basic training for aspiring life insurance agents from March 9 to 11. The training will take place at Woodland Hotel Pvt. Ltd., Durbarmarg, Kathmandu. The program is designed...