Rastriya Beema Company’s 12th AGM Approves Old Financial Statements Amid Past Irregularities

Kathmandu – The 12th Annual General Meeting (AGM) of Rastriya Beema Company Limited was held in Kathmandu, during which the financial statements for fiscal years 2075/76 and 2076/77 were officially approved. The meeting endorsed audited financials that had previously...


IME Life Insurance Partners with Om Hospital to Offer Health Service Discounts to Insured, Agents, and Employees

Kathmandu – IME Life Insurance Company has entered into a strategic partnership with Om Hospital to provide special health service discounts to its insured clients, agents, and employees. The collaboration aims to enhance the value of insurance services by...


Citizen Life Insurance Concludes ‘Citizen Leaders Night 2025’ with Grand Celebration and Recognition of Top Performers

Kathmandu – Citizen Life Insurance Company successfully concluded the eighth edition of its flagship program, Citizen Leaders Night 2025, on Saturday, 17th Shrawan (August 2), at Hotel Yak & Yeti, Durbarmarg. The event was organized to honor high-performing agents...


Chairman Rajendra Malla Calls for Public-Private Partnership and Technological Reform in Nepal’s Insurance Sector

Kathmandu – Rajendra Malla, President of the Nepal Non-Life Insurance Association and outgoing President of the Nepal Chamber of Commerce, has underscored the critical need for stronger collaboration between the government and the private sector to enhance the performance...


Rastriya Beema Company Enters 12th Year with Renewed Commitment to Strengthen Insurance Services

Kathmandu – The government-owned Rastriya Beema Company Limited has officially entered its 12th year of operation, marking over a decade of dedicated service in Nepal’s non-life insurance sector. On this occasion, the company has reaffirmed its commitment to enhancing...


South Korea Rethinks Cyber Insurance as Attacks Surge

Seoul (The Korea Herald) – With cyberattacks on the rise, South Korean insurers are stepping up efforts to expand cyber insurance coverage. Recent high-profile breaches, including at SK Telecom and Seoul Guarantee Insurance (SGI), have exposed major gaps in...


Prabhu Mahalaxmi Life Opens Sale of Over 130,000 Promoter Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance Company Limited has announced the sale of 130,442 units of its promoter shares. The company has opened the sale at a minimum price of Rs 203 per share. The sale is currently open...


Over Rs 850 Million Insurance Claims Filed After Rasuwa Disaster; Himalayan Everest Reports Highest Claim

Kathmandu – In the aftermath of the devastating floods and landslides that struck Rasuwa district on Ashar 23, insurance companies have received claims totaling over Rs 850 million. According to data released by the Nepal Insurance Authority, a total...


Himalayan Life Honors Top Agents at Aarohi Samman Samaroh 2082

Kathmandu – Himalayan Life Insurance Company Limited successfully concluded its annual recognition program, ‘Himalayan Life Aarohi Samman Samaroh 2082’, at Chandragiri Hills Resort, Kathmandu. The event was held to celebrate and honor the company’s top-performing agents for their outstanding...


Nepal Insurance Authority Amends Reinsurance Directive 2080 with Key Regulatory Changes

Kathmandu — The Nepal Insurance Authority has formally amended the Reinsurance Directive 2080, introducing several significant changes aimed at strengthening the regulatory framework for both life and non-life insurers operating in the country. Although the amendment was made on...