Asian Life Insurance Holds 17th AGM, Approves 5.10% Bonus Shares and Elects New Board

Kathmandu – Asian Life Insurance Company Limited successfully concluded its 17th Annual General Meeting (AGM) today at Hotel Ichchha in Simara, Bara. The meeting was held under the chairmanship of Deepak Kumar Shrestha, Chairman of the company’s Board of...


NIA Directs Insurers to Include All Premium Categories in Business Targets

Kathmandu – The Nepal Insurance Authority (NIA) has directed life insurance companies and micro life insurers to incorporate all premium categories—including first, renewal, and term life insurance premiums—when setting business targets for the upcoming fiscal year. In a circular...


Life Insurance Corporation Nepal Concludes 23rd AGM, Approves 10% Bonus Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited successfully concluded its 23rd Annual General Meeting (AGM) at the Nepal Administrative Training Institute in Jawalakhel, Lalitpur. During the meeting, shareholders approved the company’s proposal to distribute a 10 percent bonus share...


Sanima Reliance Life Puts Promoter Shares Up for Sale

Kathmandu – Sanima Reliance Life Insurance Company Limited has announced the sale of 1,647,584 units of promoter shares owned by its current promoter shareholders. The sale comes following a decision made during the company’s board of directors meeting held...


Nepal Life Provides Rs 10 Million to KIOCH for Children’s Hospital Construction

Kathmandu – Nepal Life Insurance Company Limited has provided Rs 10 million to the Kathmandu Institute of Child Health (KIOCH) to support the construction of a multi-specialty children’s hospital in Budhanilkantha Municipality, Kathmandu. The financial support was extended under...


IME Life Insurance Retains ‘Care NP Triple B Plus’ Credit Rating

Kathmandu – Care Ratings Nepal Limited has reaffirmed the credit rating of IME Life Insurance Company Limited at ‘Care NP Triple B Plus (Issuer Rating)’. This rating signifies a medium level of creditworthiness and timely servicing of financial obligations...


A Woman of Purpose: Neelam Singh Thakuri’s Journey from Classroom to Insurance Leadership

Kathmandu – From the chalkboard to policy papers, Neelam Singh Thakuri’s inspiring journey from a dedicated teacher to a top-performing agency manager at Citizen Life Insurance is a powerful story of resilience, reinvention, and commitment to public service. Neelam, who...


Insurance Companies See Broad Stock Gains Amid Market Rise

Kathmandu — The domestic stock market witnessed a notable upswing on Wednesday, with the NEPSE index climbing by 23.99 points to settle at 2707.85 points. This fourth trading day of the week brought positive momentum across several sectors, with...


Asian Life Insurance Upgraded to ‘A’ Rating by Infomerics Nepal

Kathmandu — Asian Life Insurance Company Limited has received a major credit boost as Infomerics Credit Rating Nepal Limited upgraded its issuer rating to Single A (Issuer) from the earlier Single A Minus (Issuer). The upgrade reflects the company’s...


Prabhu Insurance Announces Date for 29th Annual General Meeting

Kathmandu – Prabhu Insurance Limited has announced the convening of its 29th Annual General Meeting (AGM), scheduled for Friday, 23rd Shrawan (August 8), at 11 a.m. The meeting will be held at Prabhu Complex, Tinkune, Kathmandu, as per the...