Mitra Lal Neupane: A Journey from Soldier to Successful Insurance Professional

Kathmandu — Life often rewards those who refuse to give up, and Mitra Lal Neupane of Citizen Life Insurance stands as a shining example. His life story reflects how courage, determination, and consistent effort can turn challenges into milestones....


Nepal Insurance Authority Koshi Province to Conduct Agent Examination

Kathmandu – The Koshi Province Office of the Nepal Insurance Authority has announced that it will conduct the insurance agent examination on Sunday, Ashoj 26 (October 12). The exam will be held from 3:00 PM to 4:30 PM. As...


Prabhu Mahalaxmi Life Puts 44,000 Promoter Shares on Sale

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 44,000 units of promoter shares owned by NRN Infrastructure and Development Limited. According to the company, the sale will be conducted in accordance with the directives of...


Insurance Claims for Protest-Related Damages Reach Rs 23.22 Billion as Survey Process Reduces Initial Estimates

Kathmandu — The number of insurance claims for physical property damage caused during recent protests continues to rise. In contrast, the total claim amounts are being adjusted as surveyors assess the damages on the ground. According to the Nepal...


Nepal Insurers Association Urges Quick Claim Settlements for Rain-Induced Damages

Kathmandu – The Nepal Insurers Association has called on insurance companies to expedite claim payments for damages caused by the recent incessant rainfall across various parts of the country. In a public appeal, the association urged all insured individuals...


Kunal Kayal Appointed Vice President of Nepal-India Chamber of Commerce and Industry

Kathmandu – Kunal Kayal, Chairman of Sanima GIC Insurance Company Limited, has been appointed as the Vice President of the Nepal-India Chamber of Commerce and Industry (NICCI). Kayal has been actively involved in the chamber’s leadership for the past...


Suryajyoti Life Insurance Offers Up to 50% Discount on Renewal of Expired Policies

Kathmandu – Suryajyoti Life Insurance Company Limited has announced a special discount of up to 50% on the interest charged for renewing expired insurance policies. The company issued a public notice and implemented the facility starting today, which will...


Asian Life Insurance Allots Unallocated Right Shares Through Auction

Kathmandu – Asian Life Insurance Company Limited has completed the allotment of unallocated right shares put up for sale through an auction process conducted from Bhadra 22 to Ashoj 5 (September 7 to 21). The company had offered 30,038.57...


Nepal Insurance Authority Discusses Measures to Speed Up Claim Settlement

Kathmandu – The Nepal Insurance Authority (NIA) convened a meeting on Tuesday with representatives from life insurance companies, microinsurance providers, and reinsurance firms to discuss strategies aimed at facilitating faster and more efficient insurance claim settlements. The discussions centered...


IGI Prudential and Kathmandu National Medical College Partner for Cashless Hospitalisation Services

Kathmandu – IGI Prudential Insurance Limited and Kathmandu National Medical College and Teaching Hospital SB Health Care, Ghattekulo, have signed an agreement to provide cashless hospitalisation services to policyholders. The agreement was formalized by Sharan Regmi, Deputy Chief Executive Officer...