Suryajyoti Life Insurance Expands Branch Network to Khajura and Gamgadhi

Kathmandu – Suryajyoti Life Insurance Company has expanded its branch network by opening new offices in Khajura of Banke district and Gamgadhi of Mugu district. The new branches aim to make life insurance services more accessible to the general...


MetLife and Ncell Launch Insurance-Linked Data Packs to Promote Financial Inclusion

Kathmandu – In a first-of-its-kind initiative, Ncell and MetLife Nepal have jointly introduced a new service called “Data along with Life Insurance”, allowing customers to access both mobile data and insurance coverage through a single package. Under this innovative...


Life Insurance Companies’ New Business Grows by Nearly 16.95% in First Quarter

Kathmandu – Nepal’s life insurance sector has witnessed steady growth in new business during the first quarter of the current fiscal year 2082/83, collecting a total of Rs 9.54 billion in new premiums by the end of Ashoj, according...


Renewal Premium Income of Life Insurance Companies Rises by Over 20% in First Quarter

Kathmandu – Life insurance companies in Nepal have collected Rs 39.68 billion in renewal insurance premiums during the first quarter of the current fiscal year 2082/83, marking a significant 20.55% increase compared to the same period last year. According...


Life Insurance Business Grows Nearly 20% in First Quarter; IME, Citizen, and Reliable Lead in Growth

Kathmandu – Nepal’s life insurance industry has witnessed a robust 19.84% growth in total premium collection during the first quarter of the current fiscal year 2082/83, according to the Nepal Insurance Authority (NIA). As per data published by the...


Life Insurance Companies Earn Over Rs 49 Billion in Premiums in First Quarter

Kathmandu – Life insurance companies in Nepal collected a total insurance premium of Rs 49.22 billion during the first quarter of the current fiscal year 2082/83, according to data released by the Nepal Insurance Authority (NIA). Among the companies,...


National Life Contributes Rs 10 Million to Government’s Infrastructure Reconstruction Fund

Kathmandu – Additional financial support has been raised from the insurance sector for the Physical Infrastructure Reconstruction Fund established by the Government of Nepal. National Life Insurance Company Limited on Tuesday handed over a cheque of Rs 10 million...


NLG Insurance Contributes Rs. 2.5 Million to Government’s Reconstruction Fund

Kathmandu – NLG Insurance Company Limited has contributed Rs. 2.5 million to the Physical Infrastructure Reconstruction Fund established by the Government of Nepal to support recovery efforts following the damage caused by the recent Gen-Z movement. The company’s Chief...


Sun Nepal Life Insurance Renews ISO/IEC 27001:2022 Certification for Information Security Excellence

Kathmandu — Sun Nepal Life Insurance Company has successfully renewed its ISO/IEC 27001:2022 certification from Amtivo Limited, UK, accredited by the United Kingdom Accreditation Service (UKAS). The certification reaffirms the company’s adherence to international standards for information security management...


Nirmal Dhakal Assumes Office as Chairman of Rastriya Beema Company

Kathmandu – Nirmal Dhakal, the newly appointed chairman of the government-owned Rastria Beema Company Limited, has officially taken the oath of office and secrecy. The oath-taking ceremony was held on Monday at the central office of the Nepal Insurance...