Kathmandu — Nepal Insurance Company Limited has announced that it will close its shareholders’ registration book for one day on Jestha 30 (June 13) to determine eligibility for its upcoming right share issuance. As per the notice, shareholders who...
Kathmandu — The expanding wave of foreign employment among Nepalis is fueling significant growth in the country’s term life insurance sector. As more citizens leave the country in search of better job opportunities abroad, the demand for mandatory foreign...
Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has announced a limited-time discount offer on the renewal of expired life insurance policies. The offer, which begins today Jestha 21 (June 4), will remain in effect until Jestha 31 (June...
Kathmandu — Himalayan Life Insurance Limited has announced the date for its 18th Annual General Meeting (AGM), scheduled to be held on Ashar 10, 2082 (June 24, 2025). The decision was made during a board meeting held recently. The ...
Kathmandu — Nepal’s life insurance sector continues to show strong performance, with renewal premiums crossing Rs 109.43 billion in the first ten months of the current fiscal year. According to data released by the Nepal Insurance Authority, a total...
Kathmandu — Nepal’s life insurance industry has achieved a 14.84 percent year-on-year growth in premium income, with total earnings rising from Rs 121.35 billion last fiscal year to Rs 139.36 billion by the end of Baisakh month (mid-May) this...
Kathmandu — The life insurance sector in Nepal has witnessed significant momentum this fiscal year, with companies collectively earning over Rs 139.36 billion in insurance premiums by the end of Baisakh (mid-May). This figure reflects growing public confidence in...
Kathmandu – Life insurance companies operating in Nepal have earned a total of Rs 27.45 billion in first premiums by the end of Baisakh (mid-May), marking a strong inflow of new insurance business during the first ten months of...
Kathmandu – The life insurance sector in Nepal has witnessed significant growth, with the total life insurance fund of companies increasing by 18 percent compared to the same period last year. According to third-quarter data, the combined life insurance...
Kathmandu — Sun Nepal Life Insurance Company Limited has extended the deadline for applying for its 27 percent right shares, initially issued for sale from Baisakh 30 (May 13). Investors now have until Ashar 3 (June 17) to submit...