Kathmandu — Serious irregularities have surfaced in the management of life insurance premiums by the Citizens Investment Trust (CIT), raising concerns about financial transparency and accountability within the public investment system. An internal communication received by the Fund from...

Kathmandu — Sanima Reliance Life Insurance has successfully conducted a two-day skill development training program aimed at enhancing the professional capabilities of its insurance agents. The program was held at a resort in Bardiya on June 14 and 15,...

Kathmandu — Nepal Insurers’ Association President Birendra Baidwar Chhetri has emphasized the urgent need for a specialized insurance policy tailored for the hydropower sector, citing the unique risks and requirements associated with it. Speaking at a program held to...

Kathmandu – Chairman of the Nepal Insurance Authority, Sharad Ojha, has assured that the regulatory body is actively working to address the challenges in hydropower insurance and bring about swift reforms to ensure smoother operations in the sector. Speaking...

Kathmandu – The Nepal Insurance and Risk Management Association (NIRMA) celebrated its sixth anniversary by honoring individuals and organizations that have significantly contributed to its growth and success. At a special ceremony held in Kathmandu, the Chairman of Nepal...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced a special limited-time offer, providing up to 75 percent discount on late fees for the renewal of lapsed insurance policies. This initiative will be in effect from Ashad 4 to...

Kathmandu —Rastriya Jeevan Beema Company Limited has announced a three-day basic training program for aspiring life insurance agents. The training is scheduled to take place in Kathmandu from Ashad 22 to 24 (July 6 to 8). Interested individuals are...

Kathmandu – Life insurance companies operating in Nepal have paid insurance claims totaling nearly Rs 49 billion by the end of Baisakh (mid-May) month in the current fiscal year, according to the Insurance Authority of Nepal. The cumulative amount...

Kathmandu – Today marks the final day for shareholders of Sun Nepal Life Insurance Company Limited to apply for the company’s ongoing right share offering, which has been open to the public since Baisakh 30 (May 13). The company...

Kathmandu — The Nepal Insurance Authority held an interactive session on Monday to mark one year since the implementation of the Risk-Based Capital (RBC) framework in the Nepali insurance sector. The event brought together key stakeholders, including CEOs of...