Asian Life Insurance Announces Book Closure Date for Right Share Issuance

Kathmandu — Asian Life Insurance Company has announced its book closure date for one day on Jestha 16 (May 30) to facilitate the issuance of 42 percent right shares. As per notice, only shareholders who hold shares until Jestha...


Sun Nepal Life Insurance Opens New Branch in Bhaktapur

Kathmandu – Sun Nepal Life Insurance Company Limited has officially inaugurated its new branch office in Kaushaltar, Bhaktapur, marking a significant step in expanding its service outreach and strengthening customer service delivery. The inauguration ceremony was attended by the...


Himalayan Life Insurance Puts Promoter Shares Up for Sale

Kathmandu — Himalayan Life Insurance Limited has announced the sale of promoter shares held by its shareholders Jyoti Kumar Begani and Chanda Kumari Begani. According to the company, a total of 143,697 promoter shares have been put up for...


Life Insurance Policy Lapses and Surrenders on the Rise, Says Auditor General Report

Kathmandu — Life insurance policies worth over Rs 34.37 billion remain lapsed in Nepal’s insurance sector, according to the 62nd annual report of the Office of the Auditor General. Despite a slight decline in the number of lapsed policies,...


IME Life Insurance Offers Exciting Discounts at Prem Durbar Hotel

Kathmandu — IME Life Insurance Company has partnered with Prem Durbar Pvt. Ltd. to provide exclusive discounts for its policyholders, agents, and employees. Under the agreement, IME Life policyholders will receive a 50% discount on zipline tickets and a...


ConnectIPS Launches Monsoon Cashback Campaign on Life Insurance Premiums

Kathmandu — ConnectIPS has rolled out an attractive cashback campaign titled “Cashback with Safety, with ConnectIPS”, targeting life insurance policyholders across Nepal. The scheme, which began on Jestha 4 and will continue until Shrawan 31 (May 18 – August...


Himalayan Life Insurance Urges Shareholders to Pay Tax on Bonus Shares

Kathmandu — Himalayan Life Insurance Limited has called on its shareholders to deposit the 14% tax applicable on bonus shares approved during the company’s 17th Annual General Meeting held on Falgun 11, 2081 BS. According to the company, shareholders...


Reliable Nepal Life Organizes Motivational Training for Over 200 Agents in Kathmandu

Kathmandu — Reliable Nepal Life Insurance Limited has conducted a motivational program for more than 200 insurance agents from its various branches within the Kathmandu Region. The event took place on Saturday at Basundhara. The program aimed to encourage...


Sanima Reliance Life Insurance Announces Revival Campaign with Full Waiver on Late Fees

Kathmandu – Sanima Reliance Life Insurance has unveiled a special revival campaign offering a 100 percent discount on late fees for the renewal of expired life insurance policies. The initiative, aimed at policyholders who have missed premium payments due...


Suresh Prasad Khatri Reappointed as CEO of National Life Insurance Company

Kathmandu — National Life Insurance Company has officially reappointed Suresh Prasad Khatri as its Chief Executive Officer (CEO), marking his second term at the helm of the organization. The decision was made during the company’s board meeting held on...