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...

Kathmandu – Himalayan Life Insurance Company has scheduled its Annual General Meeting (AGM) for February 23 at Anupam Foodland and Banquet, Battisputli, Kathmandu, starting at 10:30 AM. The company plans to propose a 14% bonus share distribution from the...

Kathmandu – Life insurance companies in Nepal have collectively disbursed loans exceeding Rs 95.33 billion against insurance policies by the end of the second quarter of the current fiscal year. This marks a 6.62% increase compared to the same...

Kathmandu – Prabhu Mahalakshmi Life Insurance Limited has announced the sale of 2,21,650 shares to the general public. The company has opened the sale after receiving no applications from its founder shareholders within the previously specified period. Interested individuals...

Kathmandu – National Life Insurance Company Limited successfully concluded the MDRT Honors and Training Program at Hotel Soltee Westend in Chitwan. The event, presided over by the company’s Chief Executive Officer, Suresh Prasad Khatri, celebrated 100 agents selected for...

Kathmandu – Life insurance companies in Nepal have distributed approximately Rs 6.27 billion as commissions to their agents in the current financial year, marking a 7.13 percent increase from the previous year’s figure of Rs 5.85 billion, according to...