Kathmandu – Nepal Life Insurance Company Limited has extended the grace period for renewing expired insurance policies, offering a 50 percent discount on late fees. The company had initially provided this facility for policies that had expired for more...

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...

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...

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,...

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...

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...

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...

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...

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...

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...