Kathmandu – In a move to strengthen Nepal’s health insurance system, Health and Population Minister Pradeep Poudel has decided to allocate 1% of the total income of the Federal Hospital Development Committee to the Health Insurance Fund. This ministerial...

Kathmandu – Ram Kumari Adhikari has been elected as the president of the Professional Insurance Agents Association Nepal Insurance Committee LIC (Nepal). The election took place during the association’s fourth convention held in Janakpur Dham, Madhesh Province, on Saturday....

Kathmandu – Citizen Life Insurance Company Limited has contributed Rs. 500,000 towards the construction of Kathmandu Children’s Hospital. This initiative is part of the company’s commitment to corporate social responsibility. Citizen Life Insurance has been actively involved in various...

Kathmandu — Life insurance companies in Nepal issued 419,000 new insurance policies in the month of Falgun, but the number of active policies saw a decline compared to the previous month. According to data from the Insurance Authority, the...

Kathmandu – Life insurance companies in Nepal have witnessed policy surrenders amounting to nearly Rs 10 billion during the current fiscal year 2081/82. According to financial statements released by the Nepal Insurance Authority, a total of 71,554 life insurance...

Kathmandu – Nepal Life Insurance and Round Table Nepal have signed an agreement to launch the Mount Everest Cleanup Initiative 2025, aimed at preserving the natural beauty of the world’s highest peak. The agreement was signed today at Global...

Kathmandu – Nepal’s insurance sector has emerged as a key area for employment and financial growth, with over 12,000 people currently employed in 37 operating insurance companies. According to the Nepal Insurance Authority, a total of 12,095 employees were...

Kathmandu – The fourth convention of the Professional Insurance Agent Association Nepal, Insurance Committee LIC (Nepal), is set to take place on Chaitra 15 ( March 28) in Janakpur Dham, Madhesh Province. The convention mobilization committee has urged all...

Kathmandu — Life insurance companies in Nepal have earned NPR 85.61 billion in renewal insurance premiums up to end of Falgun (mid-March) of the current fiscal year, reflecting a 7.20% increase compared to the same period last fiscal year,...

Kathmandu — Life insurance companies in Nepal have collectively earned NPR 109.43 billion in total insurance premiums across all seven provinces as of the end of the month of Falgun (mid-march), according to data released by the Nepal Insurance...