Sanima Reliance Life Insurance Reports Rs 337.6 Million Net Profit, Life Insurance Fund Jumps 44%

Kathmandu — Sanima Reliance Life Insurance has reported a net profit of Rs 337.6 million up to the end of Chaitra in the current fiscal year, reflecting a 10.77 percent increase compared to Rs 304.8 million during the same...


Sun Nepal Life Insurance Reports 33% Rise in Premium Income in Q3

Kathmandu — Sun Nepal Life Insurance Company has reported a 33 percent surge in total premium income for the third quarter of the current fiscal year. The company recorded a total premium income of Rs 3.71 billion, up from...


Asian Life Gets Approval from SEBON to Issue 42% Rights Shares

Kathmandu – Asian Life Insurance Company has received approval from the Securities Board of Nepal (SEBON) to issue 42 percent rights shares. The company will float 142.7 million units of rights shares in the ratio of 1:0.42 at a...


MetLife Nepal Certifies Agents Through Global Training Programs

Kathmandu — MetLife Nepal has awarded certificates to its life insurance agents, agencies, and unit managers who completed two internationally recognized training programs under the Life Insurance Management Research Association (LMRA). The participants successfully completed the Associate Insurance Sales...


Prabhu Mahalaxmi Life Insurance Reports Rs 270.7 Million Net Profit in Current Fiscal Year

Kathmandu – Prabhu Mahalaxmi Life Insurance has reported a net profit of Rs 270.7 million by the end of Chaitra in the current fiscal year, reflecting a modest year-on-year growth of 0.67 percent compared to Rs 268.9 million recorded...


Nepal Life Insurance Launches Subsidiary Nepal Life Investment Company

Kathmandu – Nepal Life Insurance Company Limited has officially inaugurated its subsidiary, Nepal Life Investment Company Limited, marking a significant step toward investment diversification in the insurance sector. The inauguration ceremony was held on Thursday at the company’s central...


Sanima Reliance’s ‘Saral Endowment’ Policy Gains Widespread Popularity

Kathmandu — Sanima Reliance Life Insurance has seen a significant rise in customer interest following the launch of its innovative Saral Endowment insurance policy. The scheme has attracted attention for offering a blend of high savings, comprehensive protection, and...


Insurance Companies Still Focused on Capital, Bagmati Province Records Highest Premium Collection

Kathmandu – Despite repeated directives from the Nepal Insurance Authority to expand operations into rural regions, the majority of insurance companies continue to focus their business within Bagmati Province, particularly the Kathmandu Valley. According to financial data released by...


Reliable Nepal Life Insurance Announces 12% Bonus Shares to Investors

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced a dividend payout for its shareholders from the profit of the last fiscal year. In a meeting held on Baisakh 23 (May 6), the company’s board of directors decided...


Insurance Authority Organizes Stakeholder Interaction in Birgunj, Stresses Credibility and Compliance

Kathmandu – The Nepal Insurance Authority’s Madhesh Province Office held a discussion and interaction program in Birgunj on Monday, bringing together provincial heads of both life and non-life insurance companies to deliberate on pressing issues in the insurance sector....