The UNDP’s Sustainable Insurance Forum (SIF) unveiled a critical report, Supervisory Thinking on Insurance-related Climate Transition Plans on Finance Day at COP29 in Baku, Azerbaijan. This report provides valuable guidance for insurance supervisors navigating the complexities of the global...

Kathmandu – The MetLife Foundation has extended its Community Impact Grant Program (CIGP) to Nepal, supporting non-profit organizations that address pressing challenges in underserved communities. Three organizations working in the fields of hunger relief, housing, and environmental sustainability have...

Kathmandu – Ram Bahadur Oli, a central member of the Professional Insurance Agents Association of Nepal and senior agency manager of Nepal Life Insurance Company has passed away. He was a prominent figure in Nepal’s insurance sector, recognized for...

Kathmandu – Prabhu Mahalakshmi Life Insurance Limited has published its financial results for the first quarter of the current fiscal year, showing a significant 25.74% increase in profit compared to the same period last year. The company’s profit reached...

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has received an upgraded rating from ICRA Nepal, elevating its previous ‘A’ rating to ‘A Plus’. This development, announced in a statement from ICRA Nepal on October 30, underscores the...

Kathmandu – In a significant development, nearly 28,000 policyholders have surrendered life insurance policies valued at NPR 3.82 billion in the first quarter of the current fiscal year 2024/25, according to data from the Nepal Insurance Authority.   The...

Kathmandu, MetLife Nepal has introduced a policy revival campaign designed to ease the financial burden for customers with lapsed life insurance policies. The initiative offers a 100 percent waiver on late fees for policies that have expired within the...

Kathmandu, Citizen Life Insurance Company has completed seven years of operations and entered its eighth year, reaffirming its commitment to bringing life insurance services to all Nepalese. The company has been providing quality services through 136 branches since it...

Kathmandu, Saraswati Shrestha, who transitioned from running a small tea shop to becoming a successful insurance agent, has emerged as a standout performer at Citizen Life Insurance. Within a year of joining the company, she has made remarkable strides,...

Kathmandu, The Cricket Association of Nepal (CAN) has joined hands with MetLife Nepal in a significant partnership aimed at enhancing the health and safety of Nepali national cricket players.   Under this collaboration, MetLife Nepal will provide insurance coverage...