Prabhu Mahalaxmi Life Insurance Posts Rs 370.7 Million Profit in FY 2081/82

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has reported a net profit of Rs 370.7 million for the fiscal year 2081/82, reflecting a 1.25% increase compared to the previous year’s Rs 366.1 million. According to the company’s financial...


Met Life Insurance Reports Rs 496.1 Million Profit, Insurance Fund Rose by 15.54 Percent

Kathmandu – Met Life Insurance Company Limited has released its financial statements for the fourth quarter of the fiscal year 2081/82, reflecting a mixed performance across key financial indicators. According to the report, the company’s net profit stood at...


SuryaJyoti Life Insurance Reports Steady Growth in FY 2081/82, Insurance Fund Grew By 25.50 Percent

Kathmandu — SuryaJyoti Life Insurance Company Limited has reported a steady financial performance for the last fiscal year 2081/82, with notable growth across key indicators. According to the company’s fourth quarter financial statement, its net profit rose by 1.45...


Supreme Court Declines Interim Order on Foreign Employment Term Insurance Pool Case

Kathmandu — The Supreme Court has refused to issue an interim order on a writ petition challenging the Nepal Insurance Authority’s decision to operate a foreign employment term insurance pool. A joint bench of Justices Til Prasad Shrestha and...


Life Insurance Companies Earn Rs 8.91 Billion in First Premiums in Ashar; Asian Life, IME Life, and Nepal Life Lead Growth

Kathmandu — Life insurance companies across Nepal recorded a significant surge in business in Ashar, the final month of the last fiscal year 2081/82, earning first insurance premiums worth Rs 8.91 billion. According to data released by the Nepal...


IME Life’s Sunshine Group Holds Training and Honor Program in Koshi Province

Kathmandu — The Sunshine Group, under IME Life Insurance, has successfully organized a capacity-building training program for agency managers and team leaders in Koshi Province, accompanied by a special ceremony to honor top-performing agency managers. The event took place...


“Trust and Honesty Are the Foundation of Success in Insurance” — Madan Bhatt, Senior Agency Manager, Nepal Life Insurance

Kathmandu — Madan Bhatt, widely recognized as one of Nepal’s most successful insurance agents, has set benchmarks in the industry with an illustrious career spanning over two decades. Bhatta, who was born in Dadeldhura, Sudurpashchim Province, began his professional...


IME Life’s Black Diamond Group Concludes Capacity-Building and Recognition Program in Koshi Province

Kathmandu — The Black Diamond Group under IME Life Insurance has successfully concluded a two-day capacity-building training program for agency managers and team leaders of Koshi Province, alongside a special recognition ceremony honoring Agency Managers and MDRT 2026 qualifiers....


Life Insurance Companies Collect Rs 182.27 Billion in Premiums, Bagmati Province Maintains the Lead

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 182.27 billion in premiums from various insurance products by the end of the Ashar 2081/82, according to the Nepal Insurance Authority. The amount was generated from...


Life Insurance Companies Record 27.22% Growth in First Premium Collection in FY 2081/82

  Kathmandu — Life insurance companies in Nepal have reported significant growth in first premium collection in new business during the last fiscal year, with first insurance premiums reaching Rs 43.69 billion by the end of Ashar 2081/82. According...