World Bank Approves $257 Million Loan to Nepal for Electricity and Irrigation Upgrades

Kathmandu — The World Bank has approved a $257 million concessional loan to Nepal to strengthen its electricity distribution network and modernize key irrigation infrastructure, in a move expected to bolster the country’s sustainable development efforts. In a statement...


Himalayan Life Insurance Calls for 18th AGM; Proposes 8% Cash Dividend

Kathmandu — Himalayan Life Insurance Limited has announced the date for its 18th Annual General Meeting (AGM), scheduled to be held on Ashar 10, 2082 (June 24, 2025). The decision was made during a board meeting held recently. The ...


Life Insurance Companies Collect Rs 109 Billion in Renewal Premiums in 10 Months

Kathmandu — Nepal’s life insurance sector continues to show strong performance, with renewal premiums crossing Rs 109.43 billion in the first ten months of the current fiscal year. According to data released by the Nepal Insurance Authority, a total...


Life Insurance Business Grows by 14.84 Percent; National Life, Reliable Nepal and Citizen Lead in Growth Rate

Kathmandu — Nepal’s life insurance industry has achieved a 14.84 percent year-on-year growth in premium income, with total earnings rising from Rs 121.35 billion last fiscal year to Rs 139.36 billion by the end of Baisakh month (mid-May) this...


Life Insurance Sector Crosses Rs 139.3 Billion in Premium Collection, Nepal Life Maintains Lead

Kathmandu — The life insurance sector in Nepal has witnessed significant momentum this fiscal year, with companies collectively earning over Rs 139.36 billion in insurance premiums by the end of Baisakh (mid-May). This figure reflects growing public confidence in...


Life Insurance Companies Earn Rs 27.45 Billion in First Premiums

Kathmandu – Life insurance companies operating in Nepal have earned a total of Rs 27.45 billion in first premiums by the end of Baisakh (mid-May), marking a strong inflow of new insurance business during the first ten months of...


Supreme Court Schedules Full Hearing on Writ Against Nepal Insurance Authority Chair Appointment

Kathmandu — The Supreme Court has scheduled a full hearing for the writ petition challenging the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. The hearing is set to take place today. A joint bench of...


Shikhar Insurance’s 10% Bonus Shares Listed on NEPSE

Kathmandu, June 2 – The Nepal Stock Exchange (NEPSE) has officially listed the 10 percent bonus shares of Shikhar Insurance Company Ltd. A total of 2,681,518 bonus shares have been listed, making them eligible for trading in the secondary...


Life Insurance Fund Grows by 18.79% in Nepal, Reaches Rs 766 Billion

Kathmandu – The life insurance sector in Nepal has witnessed significant growth, with the total life insurance fund of companies increasing by 18 percent compared to the same period last year. According to third-quarter data, the combined life insurance...


Sun Nepal Life Extends Right Share Application Deadline

Kathmandu — Sun Nepal Life Insurance Company Limited has extended the deadline for applying for its 27 percent right shares, initially issued for sale from Baisakh 30 (May 13). Investors now have until Ashar 3 (June 17) to submit...