Nepal Insurance Authority Introduces Automatic Membership Cancellation for Inactive Insurers

Kathmandu – The Nepal Insurance Authority has enforced a new directive under which insurance companies will automatically lose their Group Insurance Fund membership if they fail to issue foreign employment insurance policies for three consecutive months after receiving approval...


Sanima Reliance Life Insurance Lifts Corporate Women’s Cricket Title

Kathmandu – Sanima Reliance Life Insurance won the title of the She Strikes Corporate Women’s Cricket Tournament title with a commanding victory over Surya Nepal at Kwality Beach Resort, Sindhuli on Saturday. The two-day competition featured nine corporate teams—Citizens...


Sun Nepal Life Insurance Announces Special Interest Discount on Policy Renewals

Kathmandu – Sun Nepal Life Insurance Company Limited has launched a special scheme offering significant interest discounts on the renewal of expired insurance policies. According to the company, insured individuals can receive up to a 75 percent discount on...


Life Insurance Association Nepal (JEBISAN) Invites Proposal for NFRS 17 Implementation

Kathmandu – The Life Insurance Association Nepal (JEBISAN) has officially issued an invitation for proposals from qualified institutions to assist in the implementation of the Nepal Financial Reporting Standard 17 (NFRS 17) for its 14 member companies. The scope...


Prabhu Mahalaxmi Life Insurance Organizes Training to Outstanding Agents in Bagmati Province

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has recently organized a special training session for its outstanding agents from Bagmati Province, aiming to enhance their leadership and professional skills. More than 150 agents participated in the training held at...


Gandaki Province to Conduct Life Insurance Agent Examination

Kathmandu — The Gandaki Province Office of the Nepal Insurance Authority has announced it will conduct the life insurance agent examination on Baisakh 16 (April 29). According to a notice published by the office, the examination is being held...


Suryajyoti Life Insurance Celebrates 17th Anniversary, Highlights Milestones and Future Goals

Kathmandu — SuryajJyoti Life Insurance Company, known for leading Nepal’s first successful merger in the life insurance sector, marked its 17th anniversary with a grand celebration, reaffirming its commitment to innovation, service quality, and employee development. The event was...


Asian Life Insurance Offers Up to 100% Discount on Interest for Expired Policy Renewals

Kathmandu – In a bid to encourage policyholders to renew their lapsed insurance plans, Asian Life Insurance Company Limited has announced a special discount scheme, offering up to 100 percent waiver on the interest charged for expired policy renewals....


Suryayoti Life Reports Strong Q3 Growth, Net Profit Rises Nearly 32%

Kathmandu – SuryaJyoti Life Insurance Company Limited has posted a significant financial performance in the third quarter of the current fiscal year, reflecting consistent growth across key indicators. According to the company’s financial statement made public on Friday, the...


Sun Nepal Life Announces Date for Right Shares Issuance

Kathmandu – Sun Nepal Life Insurance Company Limited is set to issue right shares from Baisakh 30 (May 13), following approval from the Securities Board of Nepal (SEBON). The company will offer a total of 10,696,320 units of right...