Government to Implement Classification of Insurance Surveyors

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...


Government Introduces Regular Monitoring System for Insurance Authority Employees

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...


Ashish Dhakal Appointed Director of Himalayan Life Insurance

Kathmandu – Ashish Dhakal has been appointed as the director of Himalayan Life Insurance Limited. According to the company, Dhakal has been appointed to the vacant directorship position representing the general public group.   Company Secretary Ishwar Kumar Sedai...


IME Life Insurance to Hold 8th AGM on March

Kathmandu: IME Life Insurance Company Limited has announced its 8th Annual General Meeting (AGM) scheduled for Sunday, March 9, 2025. The company’s board of directors, in a meeting held on February 14, decided to hold the AGM at 11...


Suryajyoti Life Insurance Pays Nearly Rs 500 Million in Insurance Claims

Kathmandu – Suryajyoti Life Insurance has paid insurance claims amounting to Rs 492.9 million during the period till the end of the month of Magh in the current financial year. According to the company’s latest disclosure, the claims were...


Life Insurance Companies in Nepal Earn Rs 85.90 Billion in Premiums in Second Quarter

Kathmandu – The 14 life insurance companies operating in Nepal have collectively earned Rs 85.90 billion in insurance premiums by the end of the second quarter of the current financial year, according to their recently published financial statements. This...


Nepal’s Life Insurance Fund Reaches Rs. 737.2 Billion, Rising 18.35%

Kathmandu – Nepal’s life insurance sector continues to show remarkable growth, with the life insurance fund of 14 life insurance companies reaching Rs. 737.2 billion by the second quarter of the current financial year. According to an analysis on...


IME Life Insurance Declares 21.05% Cash Dividend for Shareholders

Kathmandu – IME Life Insurance Company has announced a 21.05% cash dividend for its shareholders from the profits earned in the last fiscal year. The decision was made during the company’s board of directors meeting held on February 11....


Himalayan Everest Insurance Announces 8.75% Cash Dividend

Kathmandu—Himalayan Everest Insurance has announced a cash dividend for its shareholders from the distributable profits of the last fiscal year. In a board meeting held on February 11, the company decided to distribute an 8.75% cash dividend, including tax....


Life Insurance Sector Sees 14.85% Profit Growth, Earning Rs 3.48 Billion in Q2

Kathmandu — The life insurance sector in Nepal has recorded significant profit growth in the second quarter of the current fiscal year, with 14 life insurance companies collectively earning a net profit of Rs 3.48 billion. According to the...