Final Day to Secure 42% Right Shares of Asian Life Insurance

Kathmandu — Today, Jestha 14 (May 28), marks the last day for shareholders to secure eligibility for the upcoming right share issuance of Asian Life Insurance Company Limited. The company is set to close its shareholder register on Jestha...


Last Day to Secure Dividend of Prabhu Mahalaxmi Life Insurance

Kathmandu — Today marks the final day for shareholders to secure eligibility for Prabhu Mahalaxmi’s proposed dividend and participate in the upcoming annual general meeting (AGM). Prabhu Mahalaxmi Life has proposed distributing an 8 percent bonus share and a...


Life Insurance Companies Spend Nearly Rs 10 Billion on Agent Commissions in Q3

Kathmandu — Life insurance companies operating in Nepal have collectively spent Rs 9.85 billion on agent commissions in the third quarter of the current fiscal year. This marks a 10.27 percent rise compared to the same period last year,...


Insurance Companies Alarmed by Heavy Fines Imposed by Nepal Insurance Authority

Kathmandu — A recent directive from the Nepal Insurance Authority (NIA) has raised serious concerns among insurance companies after they were asked to pay hefty fines for failing to comply with regulatory requirements under the Insurance Act. More than...


Policy-Backed Loans Surge as Life Insurance Companies Invest Over Rs 95 Billion

Kathmandu – Life insurance companies in Nepal have disbursed over Rs 95.02 billion in loans against insurance policies in the third quarter of the current fiscal year, marking a significant 7.32 percent increase compared to the same period last...


Life and Non-Life Insurance Claim Payments Total Over Rs. 62 Billion in Q3

Kathmandu — Life and non-life insurance companies in Nepal have collectively disbursed over Rs. 62 billion in claims during the third quarter of the current fiscal year, according to the latest report from the Nepal Insurance Authority. The Authority’s...


Prabhu Mahalaxmi Life Announces Date for 8th AGM, Proposes 8% Bonus Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance has announced that its eighth Annual General Meeting (AGM) will be held on Jestha 26 (June 9). The meeting is scheduled to take place at Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am. During...


Reliable Nepal Life Ties Up with Nepal International Health Services for Healthcare Discounts

Kathmandu — Reliable Nepal Life Insurance Company has entered into a partnership with Nepal International Health Services to offer significant healthcare discounts to its stakeholders. As per the newly signed agreement, policyholders, agents, and employees of Reliable Nepal Life...


Citizen Life Offers Up to 100% Discount on Lapsed Policy Renewals

Kathmandu — Citizen Life Insurance Company Limited has announced a special discount campaign on the interest charged for the renewal of lapsed insurance coverge. The offer, which runs from 12th to 27th Jestha (May 26 – June 10), provides...


Asian Life Insurance Promotes Awareness Among Students at Janaprakash Bahumukhi Campus

Kathmandu – Asian Life Insurance Company Ltd. Organized an insurance awareness program for undergraduate students of Janaprakash Bahumukhi Campus on today. The event was held under the chairmanship of the company’s manager, Badrinath Poudel, and featured Assistant Campus Chief...