Kathmandu – Asian Life Insurance Company has reported a strong financial performance for the first quarter of the current financial year, with a 42.07% increase in net profit compared to the same period last year. The company posted a...

Kathmandu – National Life Insurance Company has reported a solid performance in the first quarter of the current financial year, as revealed in its latest financial statements. The company has demonstrated progress across various key indicators, including its life...

The UNDP’s Sustainable Insurance Forum (SIF) unveiled a critical report, Supervisory Thinking on Insurance-related Climate Transition Plans on Finance Day at COP29 in Baku, Azerbaijan. This report provides valuable guidance for insurance supervisors navigating the complexities of the global...

Kathmandu – The MetLife Foundation has extended its Community Impact Grant Program (CIGP) to Nepal, supporting non-profit organizations that address pressing challenges in underserved communities. Three organizations working in the fields of hunger relief, housing, and environmental sustainability have...

Kathmandu – Ram Bahadur Oli, a central member of the Professional Insurance Agents Association of Nepal and senior agency manager of Nepal Life Insurance Company has passed away. He was a prominent figure in Nepal’s insurance sector, recognized for...

Kathmandu – Prabhu Mahalakshmi Life Insurance Limited has published its financial results for the first quarter of the current fiscal year, showing a significant 25.74% increase in profit compared to the same period last year. The company’s profit reached...

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has received an upgraded rating from ICRA Nepal, elevating its previous ‘A’ rating to ‘A Plus’. This development, announced in a statement from ICRA Nepal on October 30, underscores the...

Kathmandu – In a significant development, nearly 28,000 policyholders have surrendered life insurance policies valued at NPR 3.82 billion in the first quarter of the current fiscal year 2024/25, according to data from the Nepal Insurance Authority.   The...

Kathmandu, MetLife Nepal has introduced a policy revival campaign designed to ease the financial burden for customers with lapsed life insurance policies. The initiative offers a 100 percent waiver on late fees for policies that have expired within the...

Kathmandu, Citizen Life Insurance Company has completed seven years of operations and entered its eighth year, reaffirming its commitment to bringing life insurance services to all Nepalese. The company has been providing quality services through 136 branches since it...