Himalayan Life Insurance Puts Promoter Shares Up for Sale

Kathmandu — Himalayan Life Insurance Limited has announced the sale of 102,240 units of its promoter shares. The company has opened this opportunity exclusively to its existing promoter shareholders in the initial phase. As per the notice, interested promoter...


National Life Insurance Announces Date for 37th AGM

Kathmandu – National Life Insurance Company Limited has scheduled its 37th Annual General Meeting (AGM) for Asad 5, 2082 (June 19, 2025) at 10:30 AM at its central office in Lazimpat, Kathmandu. The key agenda of the meeting includes...


Prabhu Mahalaxmi Life Insurance Offers 35,674 Promoter Shares for Sale

Kathmandu – Prabhu Mahalaxmi Life Insurance Company Limited has announced the sale of 35,674 units of promoter shares. The shares are currently being offered exclusively to the company’s existing promoter shareholders. According to the company, interested shareholders must submit...


Sanima Reliance Introduces ‘Dhan Sanchaya’ Life Insurance Plan for Lifelong Financial Security

Kathmandu – Sanima Reliance Life Insurance has launched a new life insurance plan titled ‘Dhan Sanchaya’ Life Insu plan aimed at providing individuals and their families with long-term financial security through a unique combination of savings and protection. This...


Himalayan Life Insurance Announces 8% Cash Dividend

Kathmandu – Himalayan Life Insurance Limited has announced a cash dividend of 8 percent for its shareholders from the distributable profit of the previous fiscal year. The decision was made during the company’s board of directors meeting. The proposed...


Nepal Life Insurance Extends Grace Period for Policy Renewal with 50% Late Fee Discount

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...


Final Day to Secure 42% Right Shares of Asian Life Insurance

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...


Last Day to Secure Dividend of Prabhu Mahalaxmi Life Insurance

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...


Life Insurance Companies Spend Nearly Rs 10 Billion on Agent Commissions in Q3

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,...


Insurance Companies Alarmed by Heavy Fines Imposed by Nepal Insurance Authority

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...