Karnali Province Forms New Insurance Agents Committee

Kathmandu – The Karnali Province meeting of the Professional Insurance Agents Association Insurance Committee, National Life Insurance has successfully concluded. The meeting resulted in the formation of a 21-member committee under the leadership of Rita Kumari Thapa. Shobha Basnet,...


National Life Insurance Completes Agent Refresher Program in Mahendranagar

Kathmandu – National Life Insurance Company Limited, Mahendranagar Branch, successfully concluded its Agent Refresher Program 2081 in Mahendranagar, Kanchanpur. The event saw the participation of around six dozen agents and aimed to enhance their professional knowledge and skills. The...


Insurance Coverage Expands Modestly as Premium Collection Rises

Kathmandu – The total population covered by Kathmandu Insurance has reached 44.17 percent, including term, short-term, and foreign employment life insurance policies. This marks a slight increase from the 43.16 percent coverage recorded during the same period last fiscal...


1% of Federal Hospital Development Committee’s Income to Boost Health Insurance Fund

Kathmandu – In a move to strengthen Nepal’s health insurance system, Health and Population Minister Pradeep Poudel has decided to allocate 1% of the total income of the Federal Hospital Development Committee to the Health Insurance Fund. This ministerial...


Professional Insurance Agents Association LIC Nepal Elects New Leadership

Kathmandu – Ram Kumari Adhikari has been elected as the president of the Professional Insurance Agents Association Nepal Insurance Committee LIC (Nepal). The election took place during the association’s fourth convention held in Janakpur Dham, Madhesh Province, on Saturday....


Citizen Life Insurance Provides Financial Support for Kathmandu Children’s Hospital

Kathmandu – Citizen Life Insurance Company Limited has contributed Rs. 500,000 towards the construction of Kathmandu Children’s Hospital. This initiative is part of the company’s commitment to corporate social responsibility. Citizen Life Insurance has been actively involved in various...


Life Insurance Policies Sees Significant Drop in Falgun

Kathmandu — Life insurance companies in Nepal issued 419,000 new insurance policies in the month of Falgun, but the number of active policies saw a decline compared to the previous month. According to data from the Insurance Authority, the...


Life Insurance Policy Surrenders Reach Nearly Rs 10 Billion in Current Fiscal Year

Kathmandu – Life insurance companies in Nepal have witnessed policy surrenders amounting to nearly Rs 10 billion during the current fiscal year 2081/82. According to financial statements released by the Nepal Insurance Authority, a total of 71,554 life insurance...


Nepal Life and Round Table Nepal Partner for Mount Everest Cleanup Initiative 2025

Kathmandu – Nepal Life Insurance and Round Table Nepal have signed an agreement to launch the Mount Everest Cleanup Initiative 2025, aimed at preserving the natural beauty of the world’s highest peak. The agreement was signed today at Global...


Nepali Insurance Sector Sees Steady Growth in Employment and Coverage

Kathmandu – Nepal’s insurance sector has emerged as a key area for employment and financial growth, with over 12,000 people currently employed in 37 operating insurance companies. According to the Nepal Insurance Authority, a total of 12,095 employees were...