National Life Insurance Hosts Three-Day Chairpersons’ Club Member Program

Kathmandu – National Life Insurance Company Limited kicked off its prestigious “Chairpersons’ Club Member” program yesterday at the Soaltee Hotel, Kathmandu, with grandeur and enthusiasm. The three-day event will celebrate the exceptional achievements of agents from across the country,...


Economic Slowdown Stalls Bank Investments in Construction Sector

Kathmandu – Amid the ongoing economic slowdown, investment by banks in the construction sector has seen sluggish growth. A halt in development and infrastructure projects across the country has significantly limited the flow of credit to the sector, creating...


Karmalal Lama Yonjan Elected President of Nepal Life Insurance Employees Union

Kathmandu – Karmalal Lama Yonjan has been unanimously elected as the president of the Independent Employees Union of Nepal Life Insurance Company Limited. The election took place during the union’s seventh general convention, held in Bhaktapur on Sunday. The...


Rastriya Beema Company Calls for Second Annual General Meeting

Kathmandu – Rastriya Beema Company Limited has announced its second Annual General Meeting (AGM) to be held on Poush 24 (January 8, 2025) on Shankhamul, Kathmandu. The decision was made during a board meeting held on December 13. The...


Rights Share Issuance of LIC Nepal and NLG Insurance Witness Strong Investor Participation

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) and NLG Insurance Company Limited, two leading financial institutions in the country, have witnessed significant investor participation in their respective rights share offerings. LIC Nepal As of December 16, LIC...


Insurance Companies in Nepal Hold NPR 744 Billion in Investments, Majority in Fixed Deposits

Kathmandu – Insurance companies in Nepal have collectively invested NPR 744 billion in various sectors, with a significant portion placed in bank fixed deposits. Of this, life insurance companies account for NPR 677 billion, while non-life insurance companies have...


Prabhu Mahalaxmi Life Insurance Marks Eighth Anniversary with Social Initiative

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited marked its eighth anniversary with a commitment to enhancing its services and supporting social causes. To celebrate the milestone, the company handed over 850 life jackets to the Fewa Boat Operators’ Association...


Non-Life Insurers Disburse Over NPR 1.19 Billion in Flood and Landslide Claims

Kathmandu – In the aftermath of the devastating floods and landslides that recently impacted Nepal, non-life insurance companies have collectively disbursed over NPR 1.19 billion in advance claims payments to those affected by the disaster. These payments aim to...


Madan Dahal Vows Reform as Acting Chairman of Nepal Insurance Authority

Kathmandu – Madan Dahal, the newly appointed Acting Chairman of the Nepal Insurance Authority, has pledged to operate in alignment with the core values and principles of insurance while aiming to expand its scope. Assuming office at the Authority’s...


Sasikala Tamang Achieves TOT 2025 at National Life Insurance

Kathmandu – Sasikala Tamang, an accomplished agent at National Life Insurance Company Limited, has achieved the prestigious status of TOT (Top of the Table) for the year 2025. Her remarkable achievement has set her apart in the highly competitive...