Prabhu Mahalaxmi Life’s ‘Super Surakshit Beema’ Stands Out as Best-Selling Insurance Plan

Kathmandu – Prabhu Mahalaxmi Life Insurance’s “Super Surakshit Beema” Insurance Plan has emerged as one of the company’s best-selling policies. It is known for its affordable premiums and extensive benefits, the plan has been widely adopted by individuals across...


National Life Insurance Honors Top Agents at Prestigious Chairpersons’ Club Member Event

Kathmandu – National Life Insurance Company Limited concluded its second day of grand ‘Chairpersons’ Club Member Honor Ceremony and Training Program’ yesterday at the Soaltee Hotel in Kathmandu, celebrating the exceptional achievements of its agents nationwide. The event brought...


Government Proposes Increased Fees for Insurance Licenses Under New Regulations

Kathmandu – The government has proposed significant increases in license fees for insurance agents, surveyors, brokers, and third-party facilitators under the draft Insurance Regulations 2081. The proposed changes aim to modernize the insurance sector and align it with current...


Prabhu Mahalaxmi Life Insurance Distributes Bonus Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has transferred its recently announced bonus shares to the demat accounts of eligible shareholders. The company’s annual general meeting, held on October 9, 2024 had approved a 10 percent bonus share distribution....


Rastriya Jeewan Beema Company Introduces Foreign Employment Insurance

Kathmandu – The Rastriya Jeewan Beema Company Limited, a government-owned entity, has launched a new foreign employment insurance scheme aimed at safeguarding Nepali workers heading abroad for employment. The initiative enables workers to secure insurance coverage using their passport...


National Life Insurance Hosts Three-Day Chairpersons’ Club Member Program

Kathmandu – National Life Insurance Company Limited kicked off its prestigious “Chairpersons’ Club Member” program yesterday at the Soaltee Hotel, Kathmandu, with grandeur and enthusiasm. The three-day event will celebrate the exceptional achievements of agents from across the country,...


Karmalal Lama Yonjan Elected President of Nepal Life Insurance Employees Union

Kathmandu – Karmalal Lama Yonjan has been unanimously elected as the president of the Independent Employees Union of Nepal Life Insurance Company Limited. The election took place during the union’s seventh general convention, held in Bhaktapur on Sunday. The...


Rights Share Issuance of LIC Nepal and NLG Insurance Witness Strong Investor Participation

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) and NLG Insurance Company Limited, two leading financial institutions in the country, have witnessed significant investor participation in their respective rights share offerings. LIC Nepal As of December 16, LIC...


Insurance Companies in Nepal Hold NPR 744 Billion in Investments, Majority in Fixed Deposits

Kathmandu – Insurance companies in Nepal have collectively invested NPR 744 billion in various sectors, with a significant portion placed in bank fixed deposits. Of this, life insurance companies account for NPR 677 billion, while non-life insurance companies have...


Prabhu Mahalaxmi Life Insurance Marks Eighth Anniversary with Social Initiative

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited marked its eighth anniversary with a commitment to enhancing its services and supporting social causes. To celebrate the milestone, the company handed over 850 life jackets to the Fewa Boat Operators’ Association...