Kathmandu – Pakistan’s Habib Bank Limited (HBL) has finalized an agreement to sell its stake in Himalayan Bank Limited (HBL) to National Life Insurance Company Limited. A formal share purchase agreement was signed between the two institutions last Friday....

Kathmandu – IME Life Insurance Company Limited has successfully concluded its 8th Anniversary Futsal Competition with enthusiastic participation from employees across its corporate and branch offices. The tournament, held under the theme “Health, Unity and Energy through Sports,” brought...

Kathmandu – Nepal Life Insurance Company Limited has appointed Nepal Life Capital Limited as its official share registrar. According to the decision of the company’s board of directors, the appointment will come into effect from Bhadra 15, 2082 (August...

Kathmandu – The size of the insurance fund of Nepal’s life insurance companies has rose to Rs 844.48 billion by the end of the last fiscal year 2081/82, underscoring the sector’s steady expansion and growing financial strength. The figure...

Kathmandu — Nepal Life Insurance Company Limited, in collaboration with Round Table Nepal, has successfully collected 5,000 kilograms of waste from Mount Everest under the Project Care campaign. The initiative aims to preserve the natural beauty of the world’s...

Kathmandu. Ratnakar Patnaik has been appointed as the Chairman of Life Insurance Corporation (Nepal) Limited (LIC Nepal). The decision was made during a meeting of the company’s Board of Directors held on 28th Shrawan (August 13). Along with Patnaik’s...

Kathmandu – Sanima Reliance Life Insurance Limited has announced the sale of 1,347,588 units of its promoter shares. According to the company, the shares have been made available for purchase by the general public, existing promoter shareholders, as well...

Kathmandu — Access to Insurance in Nepal has reached an all-time high of 48.33 percent, marking an increase of 5.06 percentage points compared to the previous fiscal year, according to the latest data released by the Nepal Insurance Authority....

Kathmandu — MetLife Nepal, in collaboration with the Kankai Sahara Snakebite Treatment Center in Jhapa, has launched a Corporate Social Responsibility (CSR) initiative aimed at addressing the growing threat of snakebites in the region. Snakebites remain a significant public...

Kathmandu — Life insurance companies in Nepal invested more than Rs 757.26 billion during the last fiscal year (FY 2081/82), according to financial statements released by the Nepal Insurance Authority. The figure highlights the growing trend of insurers diversifying...