Kathmandu — The Supreme Court’s recent ruling on premium-priced initial public offerings (IPOs) is not expected to impose any additional financial burden on the five insurance companies that issued shares at a premium, as the Nepal Insurance Authority had...

Kathmandu — National Life Insurance Company has honored around 300 high-performing agents who achieved the targets set under its monthly incentive scheme for April/May 2026, alongside organizing a specialized training and recognition program at Hotel Royal Tulip in Lalitpur....

Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in...

Kathmandu — Nepal Life Insurance has become the first life insurer in Nepal to generate more than Rs. 13 billion in first-year insurance premiums, setting a new benchmark for the country’s life insurance industry. The milestone comes as the...

Kathmandu — The Nepal Insurance Authority has introduced a new set of regulatory requirements to strengthen the implementation of Nepal Financial Reporting Standard (NFRS) 17, requiring insurers to comply with updated rules governing financial reporting, bonus declarations, annual general...

Kathmandu — Reliable Nepal Life Insurance Limited’s IBRD Branch has handed over an insurance claim of Rs. 1.385 million to the family of late Sita Devi Rana under a term life insurance policy. The claim amount was presented to...

Kathmandu — The government has brought an early end to Himalayan Reinsurance’s management of the Foreign Employment Insurance Pool, awarding the responsibility instead to the state-owned Nepal Reinsurance Company as part of its policy to strengthen public-sector enterprises. The...

Kathmandu — Life insurance companies in Nepal collected Rs 107.72 billion in renewal premiums during the first nine months of the current fiscal year 2025/26(2082/83), marking a 9.56% increase from Rs 98.32 billion recorded in the corresponding period of...

Kathmandu – Nepal’s 14 life insurance companies spent a combined Rs 5.1798 billion on employee benefits during the first nine months of FY 2025/26, according to their third-quarter financial statements. The expense, which includes salaries, allowances, bonuses and other...

Kathmandu – Himalayan Life Insurance Limited has announced a reshuffle in its board of directors, with four directors stepping down and two new members appointed to fill the vacancies. Founder shareholders’ representative Saurabh Duggad and public shareholders’ representatives Pramila...