Delays in Annual General Meetings Raise Concerns Among Insurance Investors

Kathmandu — A growing number of insurance companies in Nepal have yet to hold their annual general meetings (AGMs), leaving shareholders waiting for financial updates and returns. Even as the current fiscal year nears its end, nine companies are...


Health Insurance to Be Made Mandatory for Nepalis Going Abroad for Employment

Kathmandu — The government has initiated formal steps to make health insurance mandatory for Nepali citizens traveling abroad for employment. Although the Health Insurance Act, 2074 had already included a provision under Section 3 requiring public servants and the...


Himalayan Life Insurance to Hold 18th AGM, Proposes 8% Cash Dividend

Kathmandu — Himalayan Life Insurance Limited is set to convene its eighteenth annual general meeting (AGM) on Ashar 10, 2082 (June 24, 2025). The meeting will begin at 10:30 AM at Amrapali Banquet, Naxal, as per the decision made...


Prabhu Mahalaxmi Life Insurance and Chirayu Hospital Forge Strategic Partnership to Enhance Healthcare and Insurance Access

Kathmandu — In a move aimed at bridging the gap between healthcare services and financial protection, Prabhu Mahalaxmi Life Insurance Company Limited and Chirayu National Hospital and Medical Institute have signed a strategic partnership agreement. The agreement was officially...


Shamsher Parajuli Appointed Director of Prabhu Mahalaxmi Life Insurance

Kathmandu — Shamsher Parajuli has been appointed as the director of Prabhu Mahalaxmi Life Insurance Company Limited. The appointment was made during the company’s board of directors meeting held on Ashar 20 (July 4). Parajuli will represent the general...


Asian Life Insurance to Issue 42% Right Shares

Kathmandu – Asian Life Insurance Company Limited is set to issue 42 percent right shares to its existing shareholders starting from Ashar 25 (July 9). The company has received final approval from the Securities Board of Nepal (SEBON) to...


Nepal Life Partners with Kathmandu Metropolitan City for ‘Skill Fair 2082’

Kathmandu – Nepal Life Insurance Company has partnered with Kathmandu Metropolitan City (KMC) as an institutional collaborator in the ongoing Skill Fair 2082, reinforcing its commitment to corporate social responsibility and youth empowerment. The Skill Fair aims to upskill...


IME Life Insurance Ties Up with Aama Hospital to Offer Up to 50% Healthcare Discount

Kathmandu – IME Life Insurance Company has partnered with Aama Hospital to offer significant discounts on medical services to its insured clients, agents, and employees. As per the agreement, policyholders will receive a 50 percent discount on cabin bed...


Suryajyoti Life Insurance Issues Six-Point Advisory for Policyholders

Kathmandu — Suryajyoti Life Insurance Limited has released a public notice addressing its policyholders, offering six important suggestions to ensure better service access and financial security. The company has urged all policyholders to pay insurance premiums exceeding Rs 100,000...


Reliable Nepal Life Insurance Upgraded to ‘A Minus’ Credit Rating by CARE Ratings Nepal

Kathmandu – Reliable Nepal Life Insurance Limited has received an upgraded credit rating of ‘A Minus’ from CARE Ratings Nepal, marking a significant improvement from its previous rating of ‘Triple B Plus’. The upgraded rating reflects the company’s enhanced...