Mumbai — India’s insurance sector is set to enter a phase of sustained expansion, with premium growth expected to outpace most major global markets over the next five years, according to a new outlook by global reinsurance major Swiss...

Kathmandu — The long-standing insurance dispute between apple farmers of Jumla and Shikhar Insurance Company has been resolved following tripartite discussions involving the government, the insurer, and farmers’ representatives. According to the agreement, apple farmers from Tatopani, Patarasi, and...

Kathmandu — Himalayan Everest Insurance Limited has successfully completed the reconstruction of the Supreme Court and Special Court Coordination Security Police Unit, which was damaged during the Gen-Z protest on Bhadra 24. The reconstruction was carried out as part...

Kathmandu – National Life Insurance Company Limited has successfully completed its MDRT Honors and Training Program at Dusit Thani Himalayan Resort, Dhulikhel, under the chief hospitality of the company’s President, Prema Rajya Lakshmi Singh, and the chairmanship of Chief...

Kathmandu – IME Life Insurance Company has honored its agents who achieved Million Dollar Round Table (MDRT) membership for 2026 through a special recognition program. A total of 75 agents, including one Court of the Table (COT) member and...

Kathmandu – Out of the 14 life insurance companies currently operating in Nepal, 13 companies have announced new bonus rates on Endowment Life Insurance policies for the Fiscal Year 2081/82 BS. Except for the government-owned Rastriya Jeevan Beema Company,...

Kathmandu – Internal cash payment transactions in Nepal’s insurance sector have officially come to an end from today, following a directive issued by the Nepal Insurance Authority (NIA). With effect from Magh 1, 2082 BS, all types of payments...

Kathmandu – Nepali insurance companies are facing growing financial pressure due to persistently low interest rates on bank fixed deposits and banks’ reluctance to renew deposits even after maturity. As returns from traditional investments continue to shrink, insurers are...

Kathmandu – Asian Life Insurance Company has increased its shareholding in Prabhu Bank Limited, emerging as the largest shareholder with a 5.63 percent stake. According to the bank’s details for the fiscal year 2081/82, only 12 institutional and individual...

Kathmandu – The Professional Insurance Agents Association of Nepal (PIAAN), Insurance Committee of Himalayan Life Insurance Limited, Bagmati Province, has successfully completed the COT and MDRT Honour Programme. The programme was grandly concluded on Poush 28 at the Mahalaxmi...