Three Major Insurance Companies Currently Operating Without CEOs

Kathmandu – Three insurance companies in Nepal are currently operating without a Chief Executive Officer (CEO), highlighting ongoing leadership challenges in the sector. Among them, IME Life has initiated the process to appoint a CEO and has submitted its...


NEPSE Index Surges; Insurance Sector Stocks Rally

Kathmandu – On Wednesday, the Nepal Stock Exchange (NEPSE) witnessed a notable rise, with the index climbing 38.81 points to close at 2755.47. This significant uptick was fueled by a strong performance in the insurance sector, where the share...


Nepal Insurance Authority Tightens Monitoring on Data Discrepancies

Kathmandu – The Nepal Insurance Authority (NIA) has intensified its oversight of insurance companies following significant discrepancies between their audited and unaudited financial reports. The regulatory body has warned of strict actions, including financial penalties, if differences exceeding 10%...


LIC Nepal Opens Right Share Issue

Kathmandu – Life Insurance Corporation (LIC Nepal) has officially opened its right share issue. The right share is being issued at a ratio of 1:0.8845, meaning shareholders will receive 88.45 percent of new shares for every existing share they...


SuryaJyoti Life Insurance Announces New Bonus Rates

Kathmandu – SuryaJyoti Life Insurance Company Limited has unveiled a new bonus rate for the fiscal year 080/081, as per the insurance valuation report approved by the Nepal Insurance Authority. The revised bonus rates apply to various life insurance...


Pawan Khadka Appointed as CEO of IME Life Insurance

Kathmandu – Pawan Khadka has been appointed as the new Chief Executive Officer (CEO) of IME Life Insurance Company, following a decision by the company’s board of directors during a meeting yesterday. Khadka, who previously served as the Deputy...


Asian Life Insurance Honors Top Agents In Bagmati Province

Kathmandu – Asian Life Insurance Company Limited successfully concluded the Bagmati Province-level Agent Honor Program on Saturday in Kupandol. The event celebrated agents who achieved outstanding business goals for the fiscal year 2080/81. Certificates of honor were presented by...


National Life Insurance Hosts CEO Club Member Program In Bagmati Province

Kathmandu – National Life Insurance Company Limited hosted a CEO Club Member Honor Program in Bagmati Province. Chief Executive Officer Suresh Prasad Khatri inaugurated a special ceremony by lighting a ceremonial lamp and presenting CEO Club memberships to agents...


Sanima Reliance Saral Endowment Policy Gains Popularity for Its Unique Features

Kathmandu – Sanima Reliance Life Insurance’s “Saral Endowment Policy”, a life insurance policy designed to provide high protection coverage, savings, and financial security to citizens across Nepal. The policy has become a preferred choice for individuals from diverse sectors,...


Sun Nepal Life Insurance Hosts Marketing Manager Program for Bagmati Province

Kathmandu – Sun Nepal Life Insurance successfully concluded its Bagmati Province-level Marketing Manager Program, celebrating the contributions of over 300 marketing managers and agents who joined the prestigious Shukra Club. The event, held at Kathmandu Ring Road, was graced...