Kathmandu – Minister for Health and Population, Pradip Paudel, has announced plans to raise the current health insurance coverage from Rs 100,000 to Rs 500,000. Speaking at a program in Bhaktapur on Sunday, Minister Paudel emphasized that the increase...

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC) is set to auction 492,577 unallocated right shares (general group) starting from February 3. The minimum price for the shares has been fixed at Rs 100 per unit. Interested individuals, companies,...

Kathmandu – Despite government efforts to expand insurance coverage, the scope of life insurance in Nepal has narrowed, with only 16.81% of the population covered as of end of the Poush month in the current fiscal year. This marks...

Kathmandu – National Life Insurance Company Limited recently organized a two-night, three-day event titled “Leader’s Night with Bhushan Dahal” at Hotel Seven Star, Sauraha, Chitwan. The program recognized and celebrated the achievements of agents who excelled under the Agent...

Kathmandu – Chairman of the Nepal Insurance Authority, Madan Dahal, has emphasized the insurance sector’s national responsibility to prevent money laundering. Speaking at an orientation program on anti-money laundering at the Authority’s central office in Kupandol, Lalitpur, Dahal urged...

Kathmandu – The Nepal Insurance Professional Society (NIPS) has established a 12-member working committee in Sudurpashchim Province, led by Ganesh Bahadur Saud of Asian Life Insurance. The committee was formed during a meeting of provincial and regional heads of...

Kathmandu – MetLife Nepal, in partnership with Ear Care Nepal, is set to launch a 10-week “School Ear Health Program” targeting 2,400 students from government schools in Kathmandu, Bhaktapur, and Lalitpur districts. The initiative aims to identify, prevent, and...

Kathmandu – Life insurance companies in Nepal have collected Rs 1.66 billion in premiums from foreign employment insurance policies in the first six months of the current fiscal year. As per the Nepal Insurance Authority, 14 life insurance companies,...

Kathmandu – Sun Life Insurance Company has announced a special discount of up to 75% on the interest charged for renewing expired insurance policies. The company stated that this limited-time offer will be available from January 23 to 31....

Kathmandu – Life insurance companies in Nepal have collectively amassed Rs 1.287 billion in premiums through micro insurance policies during the first six months of the current fiscal year, as per the Nepal Insurance Authority’s recent report. National Life...