Policy-Backed Loans Surge as Life Insurance Companies Invest Over Rs 95 Billion

Kathmandu – Life insurance companies in Nepal have disbursed over Rs 95.02 billion in loans against insurance policies in the third quarter of the current fiscal year, marking a significant 7.32 percent increase compared to the same period last...


Life and Non-Life Insurance Claim Payments Total Over Rs. 62 Billion in Q3

Kathmandu — Life and non-life insurance companies in Nepal have collectively disbursed over Rs. 62 billion in claims during the third quarter of the current fiscal year, according to the latest report from the Nepal Insurance Authority. The Authority’s...


Prabhu Mahalaxmi Life Announces Date for 8th AGM, Proposes 8% Bonus Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance has announced that its eighth Annual General Meeting (AGM) will be held on Jestha 26 (June 9). The meeting is scheduled to take place at Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am. During...


Reliable Nepal Life Ties Up with Nepal International Health Services for Healthcare Discounts

Kathmandu — Reliable Nepal Life Insurance Company has entered into a partnership with Nepal International Health Services to offer significant healthcare discounts to its stakeholders. As per the newly signed agreement, policyholders, agents, and employees of Reliable Nepal Life...


Citizen Life Offers Up to 100% Discount on Lapsed Policy Renewals

Kathmandu — Citizen Life Insurance Company Limited has announced a special discount campaign on the interest charged for the renewal of lapsed insurance coverge. The offer, which runs from 12th to 27th Jestha (May 26 – June 10), provides...


Asian Life Insurance Promotes Awareness Among Students at Janaprakash Bahumukhi Campus

Kathmandu – Asian Life Insurance Company Ltd. Organized an insurance awareness program for undergraduate students of Janaprakash Bahumukhi Campus on today. The event was held under the chairmanship of the company’s manager, Badrinath Poudel, and featured Assistant Campus Chief...


Insurance Companies in Nepal Invest Over Rs 800 Billion in Various Sectors

Kathmandu – Insurance companies in Nepal have invested over Rs 800 billion across various sectors during the third quarter of the current fiscal year, according to the Nepal Insurance Authority. Life insurance companies have made a total investment of...


Sun Nepal Life Completes ‘Inspire and Earn’ Program with Over 70 Agents

Kathmandu – Sun Nepal Life Insurance Company successfully concluded its ‘Inspire and Earn’ program under the Chakrapath Region, aimed at motivating and empowering insurance agents. The event was held at Smart Mall and was attended by more than 70...


Reliable Nepal Life Calls Eighth AGM, Proposes 12% Bonus Shares and Cash Dividend

Kathmandu – Reliable Nepal Life Insurance Limited has announced its eighth annual general meeting (AGM) to be held on Ashar 2 (June 16) at 11 AM at Amrapali Banquet, Bhatbhateni, Kathmandu. The AGM will endorse a proposal to distribute...


Meena Kumari Sainju Appointed as Independent Director of Sanima Reliance Life

Kathmandu – Sanima Reliance Life Insurance has appointed Meena Kumari Sainju as an independent director of the company. The decision was made during the company’s board of directors meeting held on Baisakh 26( May 9), as per the information...