Citizen Life Honors Top Performers at Leaders Night 2026

Kathmandu — Citizen Life Insurance hosted its annual Citizen Leaders Night 2026 on August 1, 2026, at the Royal Tulip Hotel in Gwarko, Kathmandu, bringing together more than 1,000 insurance agents and employees from across the country. The event...


Life Insurers See NPR 13.77 Billion in Policy Surrenders

Kathmandu — Life insurance companies paid out NPR 13.77 billion through policy surrenders during the fiscal year 2025/26, while more than 1.03 million policies were not renewed, according to data released by the Nepal Insurance Authority. The surrender amount...


Sun Nepal Life CEO Returns to Work After CIB Probe

Kathmandu — Sun Nepal Life Insurance CEO Raj Kumar Aryal has returned to work after a four-month investigation by Nepal Police’s Central Investigation Bureau (CIB) found no irregularities against him, according to the company. CIB arrested Aryal on March...


Term Life Policies Generate NPR 82.6 Billion in Premiums

Kathmandu — Nepal’s 14 life insurers and three micro life insurance companies collected a combined NPR 204.60 billion in gross written premiums from various life insurance products during the last fiscal year. Term life insurance remained the largest business...


Life Insurers’ Renewal Premiums Rise 9.36%; IME Life and Citizen Life Lead Growth

Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 150.62 billion in renewal premiums during the last fiscal year 2025/26 (2082/83), marking a 9.36 percent increase from NPR 137.73 billion in the previous fiscal year 2024/25 (2081/82)....


Life Insurers Grow Premium Income 12.4%; IME Life and Citizen Lead Growth

Kathmandu — Nepal’s life insurance industry posted solid growth in the last fiscal year, with total gross written premiums rising 12.43 percent year-on-year to NPR 200.19 billion, according to data released by the Nepal Insurance Authority. The country’s 14...


Prabhu Mahalaxmi Life Holds Branch Managers’ Conference, Honors Top Performers

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has concluded its four-day Branch Managers’ Conference in Chitwan, bringing together branch leaders and senior management to review performance, outline future strategy, and recognize outstanding employees. Held from July 30 to August...


IME Life Recognizes Outstanding Agents at Business Excellence Award Night 2026

Kathmandu — IME Life Insurance Company Limited hosted its Business Excellence Award Night 2026 at Hotel Yak & Yeti on Friday to celebrate the achievements of its top-performing insurance agents. The event was organized to recognize the dedication of...


Supreme Court Verdict Unlikely to Create New Financial Burden for Five Insurers

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...


National Life Honors 300 Top Agents, Hosts Advanced Training Program

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....