Last Day to Secure Dividend from Himalayan Life Insurance

Kathmandu -– Shareholders of Himalayan Life Insurance Limited must be registered by today, 27th Jestha (June 10), to be eligible for the company’s proposed dividend and to participate in its upcoming Annual General Meeting (AGM). The company has announced...


Spike in Suspicious Transactions Raises Money Laundering Concerns in Nepal’s Insurance Sector

Kathmandu — Suspicious transactions within Nepal’s insurance sector have more than doubled annually, raising fresh concerns about money laundering risks and exposing regulatory weaknesses in oversight mechanisms. Despite provisions requiring insurance companies to establish dedicated departments to combat money...


Prabhu Mahalaxmi Life Concludes Eighth AGM, Approves Bonus Shares and Cash Dividend

Kathmandu — The eighth annual general meeting (AGM) of Prabhu Mahalaxmi Life Insurance Limited concluded today at Amrapali Banquet, Kathmandu. The meeting was chaired by Shiksha Bhattachan, Chairperson of the company’s Board of Directors. The AGM approved the proposal...


SuryaJyoti Life Insurance Announces Late Fee Discount on Policy Renewals

Kathmandu — SuryaJyoti Life Insurance Company has announced a discount on the late fee charged for the renewal of expired insurance policies. According to the company, a 50 percent discount will be provided for the renewal of insurance policies...


Himalayan Life Insurance Offers Late Fee Discount on Expired Policies

Kathmandu — Himalayan Life Insurance Limited has announced a special discount on late fees for expired policies. The offer applies to insurance policies originally issued by the former Prime Life Insurance, Union Life Insurance, and Gurans Life Insurance—companies that...


Asian Life Insurance Declares 5.3684% Dividend for Shareholders

Kathmandu — Asian Life Insurance Company Limited has announced a dividend of 5.3684 percent for its shareholders for the current fiscal year. The decision was made during a meeting of the company’s board of directors held on Jestha 25...


NEPSE Adjusts Share Price of Reliable Nepal Life Insurance for 12% Bonus Issue

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of Reliable Nepal Life Insurance Limited to account for the company’s recent 12 percent bonus share declaration. Following the adjustment, the share price has been revised from...


Insurance Progress in Nepal: Growth Seen but Gaps Remain

Kathmandu — Despite economic challenges and structural hurdles, Nepal’s insurance sector has managed a modest yet notable growth in outreach. According to the latest report by the Nepal Insurance Authority, insurance coverage has increased by 3.83 percent, bringing the...


Life Insurance Companies Earn Over Rs 109 Billion in Renewal Premiums in 10 Months of the Current FY

Kathmandu – Life insurance companies in Nepal have collected more than Rs 109.43 billion in renewal insurance premiums during the ten months leading up to the end of Baishakh (mid-April)) in the current fiscal year 2081/82. This marks a...


Last Day Secure to Reliable Life Insurance’s Proposed Dividend

Kathmandu — Today is the final day to secure eligibility for Reliable Life Insurance’s proposed dividend ahead of the company’s upcoming eighth Annual General Meeting (AGM). The company will close its shareholder register on Jestha 26 (9th June) for...