SuryaJyoti Life Becomes First Life Insurance Company to Hold AGM for FY 2080/81

Kathmandu – SuryaJyoti Life Insurance has become the first life insurance company in Nepal to conduct its annual general meeting (AGM) for the fiscal year 2080/81. The company held its 17th AGM grandly at the Big Hotel in Biratnagar,...


Insurance Companies Increase Investments in Productive Sectors

Kathmandu – Insurance companies in Nepal have significantly increased their investments in productive and infrastructure sectors, a shift driven by amendments in the investment guidelines introduced by the Nepal Insurance Authority. The revised guidelines, which encourage investments in agriculture,...


Chairman Paudel Calls for Improved Quality Service and Ecosystem Development in Nepal’s Insurance Sector

Kathmandu – Poshak Raj Paudel, Chairman of the Life Insurers’ Association (Nepal) and CEO of Citizen Life Insurance, has underscored the urgent need to prioritize high-quality services for policyholders while fostering a robust ecosystem to enhance the efficiency and...


Acting Chairman of NIA Madan Dahal Announces Major Reforms for Insurance Sector

Kathmandu – Acting Chairman of the Nepal Insurance Authority (NIA), Madan Dahal, has unveiled a series of new initiatives aimed at reforming and expanding Nepal’s insurance sector. Speaking at a social dialogue event organized by the Nepal Financial Institute...


Nepal Insurance Authority Mandates Refresher Training for License Renewal

Kathmandu – The Nepal Insurance Authority has introduced mandatory refresher training for over 200,000 insurance agents and surveyors as a prerequisite for license renewal. The announcement was made by Acting Chairman Madan Dahal during a social dialogue program organized...


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...