Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has transferred its recently announced bonus shares to the demat accounts of eligible shareholders. The company’s annual general meeting, held on October 9, 2024 had approved a 10 percent bonus share distribution....

Kathmandu – The Rastriya Jeewan Beema Company Limited, a government-owned entity, has launched a new foreign employment insurance scheme aimed at safeguarding Nepali workers heading abroad for employment. The initiative enables workers to secure insurance coverage using their passport...

Kathmandu – National Life Insurance Company Limited kicked off its prestigious “Chairpersons’ Club Member” program yesterday at the Soaltee Hotel, Kathmandu, with grandeur and enthusiasm. The three-day event will celebrate the exceptional achievements of agents from across the country,...

Kathmandu – Karmalal Lama Yonjan has been unanimously elected as the president of the Independent Employees Union of Nepal Life Insurance Company Limited. The election took place during the union’s seventh general convention, held in Bhaktapur on Sunday. The...

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) and NLG Insurance Company Limited, two leading financial institutions in the country, have witnessed significant investor participation in their respective rights share offerings. LIC Nepal As of December 16, LIC...

Kathmandu – Insurance companies in Nepal have collectively invested NPR 744 billion in various sectors, with a significant portion placed in bank fixed deposits. Of this, life insurance companies account for NPR 677 billion, while non-life insurance companies have...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited marked its eighth anniversary with a commitment to enhancing its services and supporting social causes. To celebrate the milestone, the company handed over 850 life jackets to the Fewa Boat Operators’ Association...

Kathmandu – Sasikala Tamang, an accomplished agent at National Life Insurance Company Limited, has achieved the prestigious status of TOT (Top of the Table) for the year 2025. Her remarkable achievement has set her apart in the highly competitive...

Kathmandu – The Nepal Stock Exchange (NEPSE) index witnessed a significant decline on Thursday, the final trading day of the week. The index fell by 33.42 points, closing at 2,682 points, resulting in substantial losses for investors across the...

Kathmandu – Eight candidates have applied for the position of Chief Executive Officer (CEO) at Rastriya Jeevan Beema Company in its second round of applications. Among them, Ramdev Yadav and Mahesh Rimal, who had applied earlier, have reapplied. The...