Insurance Authority Expands Investment Scope with New Directive 2082

Kathmandu – The Nepal Insurance Authority has issued the Insurance Investment Directive, 2082, broadening the scope of investment for life, non-life, micro, and reinsurance companies. The directive, approved on Bhadra 17, aims to strengthen regulatory oversight while creating new...


Sun Nepal Life Concludes AML-CFT and Corporate Governance Training

Kathmandu – Sun Nepal Life Insurance has successfully completed a special training program on Anti-Money Laundering and Combating the Financing of Terrorism (AML-CFT), alongside corporate governance, with the objective of enhancing employee capacity and reinforcing transparency within the financial...


Government Launches Health Insurance Program for Filmmakers

Kathmandu – The Government of Nepal has introduced a health insurance program aimed at ensuring the well-being and social security of filmmakers while supporting the sustainable development of the Nepali film industry. The initiative, titled “Health Insurance Program for...


Santosh Prasai Receives Visionary Leader in Life Insurance Award

Kathmandu -. Santosh Prasai, Chief Executive Officer (CEO) of Prabhu Mahalaxmi Life Insurance Limited, has been honored with the Visionary Leader in Life Insurance Award at the 6th Asian Professional Achievement Awards. The recognition highlights Prasai’s significant contribution to...


Historical Participation of Nepali Representatives in MDRT Global Conference

Kathmandu – More than 19,000 insurance and financial professionals from around the world participated in this year’s Million Dollar Round Table (MDRT) Global Conference, a prestigious platform that recognizes excellence, discipline, and service in the financial and insurance sector....


LIC Nepal Marks 24 Years of Service, Enters Silver Jubilee Year

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has completed 24 years of service and entered its 25th year since its establishment on September 1, 2001. The company, a leading player in Nepal’s insurance industry, has consistently expanded...


LIC Nepal’s Prabha Gyawali Selected as Chairman’s Club Member of the Current Fiscal Year

Kathmandu – Insurance entrepreneur Prabha Gyawali has once again secured her place in the Chairman’s Club of Life Insurance Corporation (LIC) Nepal, continuing her remarkable streak of success for the 22nd consecutive year. Operating through LIC Nepal’s Parasi branch,...


Life Insurance Companies Earn Rs 3.27 Billion in New Business in the First Month of FY 2082/83

Kathmandu – Life insurance companies in Nepal have collectively generated Rs 3.27 billion in new business during the first month of the current fiscal year, according to data published by the Nepal Insurance Authority. A total of 14 life...


Asian Life Insurance to Auction 358,512 Units of Unallocated Right Shares

Kathmandu – Asian Life Insurance Limited has announced that it will auction 358,512 units of unallocated right shares from Bhadra 22 to Bhadra 29 (September 7 to 14). Earlier, the company had issued right shares in the ratio of...


Reliable Nepal Life Insurance Kathmandu Regional Office Hosts Agency Awards and Honors Program

Kathmandu – Reliable Nepal Life Insurance Limited, Kathmandu Regional Office, has successfully organized the Agency Awards, Inspiring and Honors Program, jointly participated in by its Jorpati, Chabahil, Koteshwor, Kapan, Sankhu, and Jawalakhel branches. The event was presided over by...