Effectiveness of Training in the Insurance Sector

Training is a vital process that enhances learning, sharpens skills, and cultivates professional growth. The effectiveness of any training depends on several factors — the content, type, timing, location, and most importantly, the expertise and approach of the trainer....


Non-Renewal Policies Rise in Nepal’s Life Insurance Sector

Kathmandu — The policy surrender rate of life insurance companies in Nepal has seen a notable decline, though the number of non-renewed policies continues to rise, signaling mixed trends in the country’s life insurance business. According to recent data...


Employment in Insurance Sector on the Rise as Coverage Expands Across Nepal

Kathmandu — Nepal’s insurance sector has emerged as one of the most attractive employment destinations in recent years, providing job opportunities to more than 12,000 people nationwide. The growth of the industry, coupled with increased awareness and training programs,...


Kapil Kumar Dahal Appointed Acting CEO of Himalayan Life Insurance

Kathmandu — Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the Acting Chief Executive Officer (CEO) following the resignation of former CEO Manoj Kumar Lal Karna. According to Company Secretary Ishwar Kumar Sedai, the decision was made...


Himalayan Life Insurance CEO Manoj Kumar Lal Karna Resigns

Kathmandu — The Board of Directors of Himalayan Life Insurance Company has accepted the resignation of Chief Executive Officer (CEO) Manoj Kumar Lal Karna, following days of protests by the company’s agents and employees. The board’s decision was made...


Habib Bank Sells Himalayan Bank Promoter Shares to National Life Insurance

Kathmandu — Nepal Rastra Bank (NRB) has approved Pakistan’s Habib Bank Limited (HBL) to sell its promoter shares in Himalayan Bank Limited to National Life Insurance Company Limited. According to Himalayan Bank, the central bank approved the transaction following...


Mitra Lal Neupane: A Journey from Soldier to Successful Insurance Professional

Kathmandu — Life often rewards those who refuse to give up, and Mitra Lal Neupane of Citizen Life Insurance stands as a shining example. His life story reflects how courage, determination, and consistent effort can turn challenges into milestones....


Nepal Insurance Authority Koshi Province to Conduct Agent Examination

Kathmandu – The Koshi Province Office of the Nepal Insurance Authority has announced that it will conduct the insurance agent examination on Sunday, Ashoj 26 (October 12). The exam will be held from 3:00 PM to 4:30 PM. As...


Prabhu Mahalaxmi Life Puts 44,000 Promoter Shares on Sale

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 44,000 units of promoter shares owned by NRN Infrastructure and Development Limited. According to the company, the sale will be conducted in accordance with the directives of...


Suryajyoti Life Insurance Offers Up to 50% Discount on Renewal of Expired Policies

Kathmandu – Suryajyoti Life Insurance Company Limited has announced a special discount of up to 50% on the interest charged for renewing expired insurance policies. The company issued a public notice and implemented the facility starting today, which will...