Kathmandu — Credit rating agency CARE Ratings Nepal has reaffirmed the issuer rating of Reliable Nepal Life Insurance, maintaining its ‘CARE-NP A- (Issuer)’ rating. The rating indicates that the company provides an adequate degree of safety with respect to...

Kathmandu – Former Sulabh Agrawal, chairman of Himalayan Life Insurance Limited, and the company’s former Chief Executive Officer Manoj Kumar Lal Karn have been found to have misused funds from the life insurance fund. According to the findings, Deepak...

Kathmandu —  IME Life Insurance Company Limited has achieved a significant milestone in its issuer rating. CARE Ratings Nepal has upgraded the company’s rating from CARE-NP BBB+ (Triple B Plus) to CARE-NP AAA- (Triple A Minus). According to the...

Kathmandu — Life insurance companies have once again become increasingly aggressive in selling single-premium life insurance policies, a product widely regarded as unfavorable for the long-term sustainability of life insurance business. According to data released by the Nepal Insurance...

Kathmandu. Asian Life Insurance Company Limited has announced a waiver of up to 100% on the interest charged for renewing lapsed insurance policies. According to the company, policies that have exceeded six months past the premium due date (fully...

Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the...

Kathmandu — Life insurance companies operating in Nepal generated NPR 120.72 billion in renewal premium income during the first ten months of fiscal year 2025/26 (2082/83). According to financial data released by the Nepal Insurance Authority, the country’s 14...

Kathmandu — Nepal’s life insurance industry recorded a sharp rise in new business generation during the current fiscal year, with first-year premium income increasing by 29 percent year-on-year. Life insurers generated a total of NPR 35.45 billion in first-year...

Kathmandu — Nepal’s life insurance industry recorded solid growth during the current fiscal year, with life insurers collectively generating NPR 156.17 billion in gross written premiums by the end of mid-May 2026 (through Baisakh of FY 2082/83). According to...

Kathmandu – Nepal’s life insurance industry recorded a 17 percent increase in life insurance funds compared with the previous year, reflecting continued growth in long-term policyholder reserves. By the end of FY 2025/26 (2082/83), life insurance companies had accumulated a...