National Life Insurance Holds 37th AGM, Approves Dividend and Elects New Directors

Kathmandu – National Life Insurance Company Limited successfully conducted its 37th Annual General Meeting (AGM) at its central office in Lazimpat today. The meeting was held under the chairmanship of the company’s Board of Directors Chairperson Prema Rajya Laxmi...


Rastriya Jeevan Beema Company Announces Bonus Rate for FY 2069/70

Kathmandu — Rastriya Jeevan Beema Company Limited has announced the bonus rate for the fiscal year 2069/70. The company has maintained a bonus rate of Rs 55 per thousand sum assured per annum on all types of life insurance...


LIC Nepal Announces Date for 23rd AGM to Approve Bonus Shares and Dividend

Kathmandu — Life Insurance Corporation (Nepal) Limited (LIC Nepal) has announced its 23rd Annual General Meeting (AGM), scheduled for Monday, Ashar 30 (July 14), at the Nepal Administrative Staff College, Jawalakhel, Lalitpur, starting at 11:45 AM. The decision to...


Audit Reveals Accounting Discrepancies in Citizens Investment Trust’s Insurance Records

Kathmandu — Serious irregularities have surfaced in the management of life insurance premiums by the Citizens Investment Trust (CIT), raising concerns about financial transparency and accountability within the public investment system. An internal communication received by the Fund from...


Sanima Reliance Life Concludes Agent Skill Development Program in Bardiya

Kathmandu — Sanima Reliance Life Insurance has successfully conducted a two-day skill development training program aimed at enhancing the professional capabilities of its insurance agents. The program was held at a resort in Bardiya on June 14 and 15,...


Special Insurance Policy Needed for Hydropower Sector, Says Baidwar

Kathmandu — Nepal Insurers’ Association President Birendra Baidwar Chhetri has emphasized the urgent need for a specialized insurance policy tailored for the hydropower sector, citing the unique risks and requirements associated with it. Speaking at a program held to...


Insurance Authority Committed to Hydropower Reform, Says Chairman Ojha

Kathmandu – Chairman of the Nepal Insurance Authority, Sharad Ojha, has assured that the regulatory body is actively working to address the challenges in hydropower insurance and bring about swift reforms to ensure smoother operations in the sector. Speaking...


NIRMA Celebrates Sixth Anniversary by Honoring Key Supporters and Members

Kathmandu – The Nepal Insurance and Risk Management Association (NIRMA) celebrated its sixth anniversary by honoring individuals and organizations that have significantly contributed to its growth and success. At a special ceremony held in Kathmandu, the Chairman of Nepal...


Prabhu Mahalaxmi Life Offers Up to 75% Discount on Late Fees for Lapsed Policy Renewals

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced a special limited-time offer, providing up to 75 percent discount on late fees for the renewal of lapsed insurance policies. This initiative will be in effect from Ashad 4 to...


Rastriya Jeevan Beema Company to Conduct Basic Training for Life Insurance Agents in Kathmandu

Kathmandu —Rastriya Jeevan Beema Company Limited has announced a three-day basic training program for aspiring life insurance agents. The training is scheduled to take place in Kathmandu from Ashad 22 to 24 (July 6 to 8). Interested individuals are...