Kathmandu – Nepal Life Insurance Company Limited has announced a 50 percent discount on late fees for the renewal of expired insurance policies. The company stated that this facility applies to policies that have lapsed for more than 180...

Kathmandu – National Life Insurance Company Limited has celebrated its 38th anniversary by organizing various programs throughout the week. The company marked the occasion with social initiatives, employee engagement activities, and a special closing ceremony. On this milestone, Chief...

Kathmandu – Six out of the 14 life insurance companies operating in Nepal have announced their bonus rates for the fiscal year 2080/81. The companies have released these rates for various insurance policies based on their financial evaluation and...

Kathmandu – The 14 life insurance companies currently operating in Nepal have collectively earned NPR 18.43 billion in new business (first insurance premiums) in the first seven months of the current financial year. This marks a significant growth compared...

Kathmandu – Nepal Life Insurance Company has conducted a one-day agent meeting and refresher training for agency managers and 51 agents affiliated with its Mirchaiya sub-branch. The training aimed to enhance the capacity and professionalism of its agents, reinforcing...

Kathmandu – Citizen Life Insurance Company has been recognized with the prestigious Corporate Excellence Award in the life insurance category at the Awards for Corporate Excellence 2024, organized by HRM Nepal. The company was selected from among several nominees...

Kathmandu – Nepal’s life insurance sector has recorded robust growth in renewal insurance fees, with earnings surpassing NPR 75 billion in the first seven months of the current fiscal year 2081/82. According to data released by the Nepal Insurance...

Kathmandu – Nepal’s life insurance industry has witnessed notable growth, with 14 life insurance companies earning a total of NPR 95.38 billion in insurance premiums in the period of seven months of the current financial year 2081/82. This marks...

Kathmandu – Insurance companies in Nepal must now maintain risk-based capital in addition to the minimum paid-up capital set by regulatory authorities. This requirement is outlined in the Insurance Regulations 2081, recently published in the Gazette. The new regulation...

Kathmandu – Sharad Ojha has officially assumed office as the chairman of the Nepal Insurance Authority following his appointment by the government. The Cabinet meeting held on Monday, under the leadership of Prime Minister KP Sharma Oli, decided to...