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....

Kathmandu, Nic asia bank ltd has announced the sale of 801,476 promoter shares Suryajyoti Life Insurance Company Limited again. This time bank puts 8,01,476 number of shares at sale. The company has set a minimum price of NPR 208...

Kathmandu, The government-owned Rastriya jeevan beema Company has announced the bonus rate for the financial year 2080/81. The company has set a bonus rate of Rs. 60 per thousand per year for all life insurance policies issued by the...

Kathmandu, Sanima Reliance Life Insurance successfully held its much-anticipated Club Achievers Event 2081 at The Soaltee Hotel Kathmandu, celebrating the outstanding achievements of agents who excelled in the company’s prestigious club schemes. The event brought together successful agents from...

  Kathmandu, Nepal’s insurance industry is currently grappling with significant turmoil as the Insurance Regulatory Authority faces accusations of unethical practices and corruption. Allegations have surfaced that the regulatory body has been attempting to secure a share of commissions...

Govind Joshi is a well-known name in Nepali insurance sector. Joshi, who was born in Bajhang, a remote Himalayan district in the far west, is currently working as a Chief Agency Manager in IME Life Insurance. Joshi, who came...

India govt open to selled stake in GIC Re, LIC in FY24/25, says source The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India in financial year...

Kathmandu; Insurance company has been providing the insurance claim amount during any accident or incident occurred during the ride of the vehicle or damage occurred to vehicle. Himalayan Everest Insurance has paid the insurance claim of the third party...

Kathmandu; Prabhu Mahalaxmi Life Insurance has been conducting agent leadership development and capacity building programs at various places. At the same process, the company has completed an agent leadership development and capacity building program in Lamki of Kailali district...

Kathmandu ; Insurance agent Dharmaraj Bhandari, succeeded to become MDRT of Life Insurance Corporation -(Nepal) for the year of 2025. Agent Bhandari, who is attached to the company’s Baneshwar branch office, has succeeded in becoming MDRTB for the year...