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...

Kathmandu — Life rarely follows a straight path, and Binod Pyakurel’s journey stands as a testament to resilience and determination. After navigating some of life’s most challenging turns, Pyakurel has today established himself as a successful insurance professional with...

Kathmandu — The government is set to bear a financial burden of more than Rs 36 billion due to the lack of insurance coverage for public physical infrastructure damaged during the Gen-Z movement, according to an official assessment. As...

Kathmandu – A total of 667 agents from 14 life insurance companies operating in Nepal have successfully achieved the Million Dollar Round Table (MDRT) target for 2026, reflecting the growing professionalism of Nepal’s life insurance sector. According to data...

Kathmandu – Sonu Baral, an agency manager at the Bhaisepati branch of Himalayan Life Insurance Limited, has been awarded the company’s first ‘One Day Emerging Star’ Award of 2026, setting a new performance benchmark. Baral achieved the milestone by...

Kathmandu – Six agents of Sun Nepal Life Insurance Company Limited have successfully qualified for the prestigious Million Dollar Round Table (MDRT) for 2026, marking a significant professional milestone in Nepal’s life insurance sector. According to the company, the...

Kathmandu – The Nepal Insurance Authority has directed all insurance-related institutions to conduct all types of payments exclusively through electronic banking systems starting from Magh 1. In a directive issued on Monday, the Authority instructed life insurance companies, non-life...