Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the auction of 142,300 units of its promoter shares. The company has opened the sale through an auction process, inviting bids from interested investors. According to the company, the minimum...

Kathmandu – Life insurance and micro life insurance companies in Nepal reported strong business performance in the month of Bhadra of the current fiscal year, with total premium collections amounting to Rs 35.99 billion. According to financial statements released...

Kathmandu – Life insurance companies in Nepal have reported robust growth in new business during the month of Bhadra, with total premiums reaching Rs 3.26 billion, marking a significant increase compared to the previous fiscal year. According to data...

Kathmandu – Ashok Kumar Agrawal has been appointed as the new director of Life Insurance Corporation (LIC) Nepal. The appointment was confirmed during the 144th meeting of the company’s Board of Directors, held on Ashoj 2 (September 18).

Kathmandu – Nepal Life Investment Company successfully concluded its first annual general meeting (AGM) today under the chairmanship of Amit Kumar Kayal, Chairman of the Board of Directors. The AGM endorsed the financial statements for the fiscal year 2081/82,...

Kathmandu — Janakraj Sharma has officially assumed office as the new Chairman of the Nepal Insurance Authority. He took charge immediately after taking the oath of office and secrecy before Finance Minister Rameshwor Khanal today. Sharma was appointed to...

Kathmandu – Praveen Raman Parajuli, Chief Executive Officer of Nepal Life Insurance Company, has been elected as the President of the Life Insuramce Association of Nepal. The decision was made unanimously during the association’s sixth annual general meeting, held...

Kathmandu – Sanima Reliance Life Insurance Limited has completed a two-day residential training program aimed at enhancing employees’ knowledge and skills in institutional ethics, corporate culture, and the prevention of money laundering and terrorist financing. The training, titled “Institutional...

Kathmandu – Sanima Reliance Life Insurance successfully concluded its Club Achievers Event 2082 at Lemon Tree Premier, Budhanilkantha, Kathmandu, honoring the top-performing insurance agents from branches and sub-branches across the country. The event was graced by the company’s Chairman...

Kathmandu – National Life Insurance Company Limited has announced the sale of 160,000 units of promoter shares, offering existing promoter shareholders the first opportunity to purchase them. In accordance with directives from the Insurance Authority, the company is initially...