SuryaJyoti Life Insurance Unveils Digital Card and e-Loan Services, Marking Industry First In Nepal

Kathmandu, – In a pioneering move for Nepal’s insurance sector, SuryaJyoti Life Insurance Company Limited has introduced the ‘Suryajyoti Cares Digital Card’ and ‘SuryaJyoti e-Loan’ services, signaling a significant stride toward digital transformation. The official launch took place on...


USTR Flags LIC’s Sovereign Guarantee; LIC Rejects Claims of Unfair Advantage

New Delhi — The United States Trade Representative (USTR) has raised concerns over what it terms an “uneven playing field” in India’s insurance sector, citing the sovereign guarantee provided to Life Insurance Corporation (LIC). In response, the state-owned insurer...


Eight Life Insurance Companies Announce Bonus Rates for FY 2080/81

Kathmandu – Out of the 14 life insurance companies currently operating in Nepal, eight have announced bonus rates for the fiscal year 2080/81. These companies have disclosed policyholder bonuses based on actuarial valuation and financial performance, following approval from...


Supreme Court Schedules Hearing on Writ Petition Against Insurance Authority Chairman’s Appointment

Kathmandu – The Supreme Court has scheduled a hearing for Chaitra 13 (March 26) on a writ petition challenging the qualifications of Sharad Ojha, who was recently appointed as Chairman of the Nepal Insurance Authority. In an order issued...


Nepal Life Insurance Honoured as ‘Best Life Insurance Company of the Year 2025’

Kathmandu — Nepal Life Insurance Company has been awarded the prestigious title of ‘Best Life Insurance Company of the Year 2025’ at the 17th Corporate Business Awards, hosted by Corporate News. The award recognizes Nepal Life’s outstanding performance and...


Writ Petition Filed Against Nepal Insurance Authority Chairman Sharad Ojha

Kathmandu – A writ petition has been filed in the Supreme Court, challenging the qualifications and age of Sharad Ojha, who was recently appointed as the Chairman of the Nepal Insurance Authority. The petition, registered under case number 081...


Sanima Reliance Life Insurance Distributes 8% Cash Dividend to Shareholders

Kathmandu – Sanima Reliance Life Insurance Limited has distributed an 8% cash dividend to its shareholders, following approval from the company’s eighth annual general meeting held on Chaitra 8 (March 21). The dividend amount has been directly deposited into...


LIC Nepal Announces New Bonus Rates for Insurance Policies

Kathmandu – Life Insurance Corporation Limited (LIC Nepal) has made public its new bonus rate for various insurance plans. The updated rates were determined following the approval of the company’s actuarial report by the Nepal Insurance Authority on Chaitra...


LIC Nepal Announces Special Discount on Renewal of Lapsed Policies

Kathmandu – Life Insurance Corporation (Nepal) Limited has announced a special discount offer for policyholders seeking to renew their lapsed insurance policies. The company made the announcement through a public notice, stating that the discount will be available from...


Reliable Nepal Life Insurance Mourns Loss of Kushma Branch Head

Kathmandu – Damodar Gautam, the head of the Kushma branch of Reliable Nepal Life Insurance, has tragically passed away in a motorcycle accident while on duty in Annapurna Rural Municipality, Kaski district. Deputy Superintendent of Police and Information Officer...