Kathmandu – National Life Insurance Company Limited has officially acquired all founder shares of Himalayan Bank Limited previously held by Pakistan’s Habib Bank Limited, becoming the largest shareholder of the bank. According to National Life CEO Suresh Prasad Khatri,...

Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate...

Kathmandu – Sun Nepal Life Insurance Company Limited has received an upgraded credit rating of ‘Triple B Plus (BBB+)’ from Care Ratings Nepal Limited (CRNL), signaling stronger financial credibility and claim-paying capacity. CRNL cited the company’s consistent premium growth, sound claims management, and improving underwriting...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited successfully concluded its Education Program for Life Insurance Agent Leaders in Sauraha, Chitwan, on Kartik 13, 14, and 15. The three-day event combined capacity-building training with entertainment and motivational sessions. The program...

Kathmandu — National Life Insurance Company Limited organized a special one-night, two-day motivational event titled ‘Start of Success’ for its agents at Hotel Pokhara Grand, Pokhara. The program aimed to inspire agents through the motivational journey and experiences of...

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...

Kathmandu – Sun Nepal Life Insurance Company Limited successfully organized an agent honor and empowerment program in Dhangadhi, Sudurpaschim Province. The grand event, held at Hotel Flora, brought together the province’s top-performing branch managers and agents. During the program,...

Kathmandu — The Board of Directors of Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the acting Chief Executive Officer (CEO) of the company. The decision was made during the board meeting held on Wednesday. Dahal, who...

Kathmandu — Nepal Life Insurance Limited has achieved a significant milestone by securing a ‘Double A Minus (AA–)’ credit rating from ICRA Nepal, recognizing the company’s exceptional reliability and robust financial performance. This rating places Nepal Life among the...

New Delhi — The Life Insurance Corporation of India (LIC) has categorically denied allegations made in a recent Washington Post report that claimed India’s Finance Ministry expedited a plan to channel nearly $3.9 billion (₹33,000 crore) of the state-owned...