Life Insurance Policies Sees Significant Drop in Falgun

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...


Life Insurance Policy Surrenders Reach Nearly Rs 10 Billion in Current Fiscal Year

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...


Nepal Life and Round Table Nepal Partner for Mount Everest Cleanup Initiative 2025

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...


Nepali Insurance Sector Sees Steady Growth in Employment and Coverage

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...


Professional Insurance Agent Association Convention to Be Held in Janakpur

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...


Life Insurance Companies Earn NPR 85.61 Billion in Renewal Premiums

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,...


Life Insurance Companies Earn Over NPR 109.43 Billion in Premiums Across Seven Provinces

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...


Himalayan Life Insurance to Sell Promoter Shares

Kathmandu – Himalayan Life Insurance Limited has announced the sale of 158,784 promoter shares, offering them exclusively to its existing promoter shareholders. The company has given 35 days for interested promoter shareholders to submit written applications for the purchase...


Life Insurance Companies in Nepal Collect Rs 21.12 Billion in First Insurance Premiums

Kathmandu – Life insurance companies operating in Nepal have collected a total of Rs 21.12 billion and 54 million in first insurance premiums during the first eight months of the current fiscal year 2081/82. The latest figures, released by...


Life Insurance Companies Business Reports 10.33% Growth, Reliable and Citizen Life Insurance Lead

Kathmandu – Life insurance companies operating in Nepal have collectively earned insurance premiums totaling Rs 108.71 billion by the end of Falgun month (mid-March) of the current fiscal year. The latest data, released by the Nepal Insurance Authority, shows...