Kathmandu – Prabhu Mahalakshmi Life Insurance Limited has published its financial results for the first quarter of the current fiscal year, showing a significant 25.74% increase in profit compared to the same period last year. The company’s profit reached...

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has received an upgraded rating from ICRA Nepal, elevating its previous ‘A’ rating to ‘A Plus’. This development, announced in a statement from ICRA Nepal on October 30, underscores the...

Kathmandu – In a significant development, nearly 28,000 policyholders have surrendered life insurance policies valued at NPR 3.82 billion in the first quarter of the current fiscal year 2024/25, according to data from the Nepal Insurance Authority.   The...

Kathmandu, MetLife Nepal has introduced a policy revival campaign designed to ease the financial burden for customers with lapsed life insurance policies. The initiative offers a 100 percent waiver on late fees for policies that have expired within the...

Kathmandu, Citizen Life Insurance Company has completed seven years of operations and entered its eighth year, reaffirming its commitment to bringing life insurance services to all Nepalese. The company has been providing quality services through 136 branches since it...

Kathmandu, Saraswati Shrestha, who transitioned from running a small tea shop to becoming a successful insurance agent, has emerged as a standout performer at Citizen Life Insurance. Within a year of joining the company, she has made remarkable strides,...

Kathmandu, The Cricket Association of Nepal (CAN) has joined hands with MetLife Nepal in a significant partnership aimed at enhancing the health and safety of Nepali national cricket players.   Under this collaboration, MetLife Nepal will provide insurance coverage...

Kathmandu, IME Life Insurance has introduced a new term life insurance plan named Best Term Life Jeevan Bima Yojana, specifically designed to cater to individuals from various professional backgrounds. The company, in its official statement, highlighted that the plan...

Kathmandu, Sun Nepal Life Insurance Company Limited celebrated its 7th anniversary by unveiling two new life insurance policy: Sunlife Medicare and Sunaulo Bal Samridh Jeevan Bima Yojana. Launched on Sunday, these plans aim to strengthen medical and financial security...

Kathmandu, Prabhu bank exiting from Mahalakshmi Life Insurance Limited by selling all of its share. There isn’t clear reason but bank has decided whole share want puts at sale. Prabhu bank is major stake holder of prabhu mahalaxmi life....