Nepal Insurance Authority Renews 37 Insurance Companies Across Sectors

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...


Employment in Insurance Sector on the Rise as Coverage Expands Across Nepal

Kathmandu — Nepal’s insurance sector has emerged as one of the most attractive employment destinations in recent years, providing job opportunities to more than 12,000 people nationwide. The growth of the industry, coupled with increased awareness and training programs,...


ICRA Nepal Reaffirms ‘Double B’ Rating for Protective Micro Insurance Limited

Dhangadhi – ICRA Nepal has reaffirmed the issuer rating of Protective Micro Insurance Limited (ICRA NP-IR) at ‘Double B’, indicating a medium risk in the company’s ability to meet its financial obligations on time. According to ICRA Nepal’s report,...


ICRA Nepal Reaffirms Liberty Micro Life’s Rating

Kathmandu — ICRA Nepal has reaffirmed the issuer rating of Liberty Micro Life Insurance Limited at ICRA NP-IR Double B Minus, reflecting continued confidence in the company’s ability to meet its financial obligations. The rating agency noted that Liberty...


Micro Life Insurance Sector Collects Rs 156.4 Million Premiums in First Two Months of Current FY

Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 156.4 million in the first two months of the current fiscal year, reflecting steady growth in the sector. According to data released by...


Micro Non-Life Insurance Report Rs 165 Million Premium in First Two Months of Current FY

Kathmandu – Micro non-life insurance companies in Nepal have recorded promising growth in the first two months of the current fiscal year, earning a total insurance premium of Rs 165 million. According to data released by the Nepal Insurance...


Liberty Micro Life Insurance Successfully Concludes Annual Convention 2082 in Chitwan

Kathmandu – Liberty Micro Life Insurance Limited has successfully concluded its annual convention, the ‘Liberty Annual Convention 2082’, held from Bhadra 13 to 15 (August 29 to 31) in Sauraha, Chitwan. The three-day event brought together the company’s directors,...


Trust Micro Insurance and Cell Pay Sign MoU to Expand Digital Insurance Services

Kathmandu – Trust Micro Insurance Limited and Cell Pay Pvt. Ltd. have signed a Memorandum of Understanding (MoU) to deliver insurance services through digital technology, making access to insurance simpler and more customer-friendly. The MoU was signed by Biswajan...


Protective Micro Insurance Opens New Sub-Branch in Mahendranagar, Kanchanpur

Kathmandu – Protective Micro Insurance Limited has inaugurated a new sub-branch office in Mahendranagar, Bhimdatta Municipality-4, Kanchanpur, as part of its expansion plan for the current fiscal year 2082/83. The sub-branch was officially opened by Bishnu Prasad Ghimire, Head...


Micro Non-Life Insurers Collect Rs 78.2 Million Premium in the month of Shrawan

Kathmandu – Micro non-life insurance companies in Nepal earned a total insurance premium of Rs 78.2 million in Shrawan, the first month of the current fiscal year 2082/83. According to financial statements released by the Nepal Insurance Authority, the...