National Life Insurance Organizes ‘Start of Success’ Program Featuring Legendary Actor Rajesh Hamal

Kathmandu — National Life Insurance Company Limited organized a special one-night, two-day motivational event titled ‘Start of Success’ for its agents at Hotel Pokhara Grand, Pokhara. The program aimed to inspire agents through the motivational journey and experiences of...


Nepal Insurance Authority Gandaki Province to Conduct Agent Examinations

Kathmandu — The Gandaki Province Office of the Nepal Insurance Authority (NIA) has announced that the insurance agent examinations will be held on Kartik 17 and 18 (November 3 – 4). According to the authority, the examination scheduled for...


Governance Concerns Emerge at Himalayan Everest Insurance

Kathmandu — Concerns have surfaced regarding the management practices at Himalayan Everest Insurance, with employees reporting internal coordination issues and limited executive decision-making authority. According to staff members, the company’s operations have become increasingly centralized under Chairman Mahendra Krishna...


Leadership Vacuum at Nepal Insurance Authority as Chairman Absent for a Month

Kathmandu — The Nepal Insurance Authority (NIA) has faced administrative delays as its newly appointed Chairman, Janakraj Sharma, has been absent for nearly a month due to illness. Sharma, a Joint Secretary to the Government of Nepal and Deputy...


Altitude Air Helicopter Crashes in Lobuche; Insurance Claim Expected to Fall on Sagarmatha Lumbini Insurance

Kathmandu – An Altitude Air helicopter (9N-AMS) crashed on Wednesday in the Lobuche area of Solukhumbu during a rescue operation. The aircraft, an Airbus H125, was en route from Lukla to Lobuche to rescue foreign tourists when it suffered...


Nepal Insurance Authority Renews 37 Insurance Companies Across Sectors

Kathmandu – The Nepal Insurance Authority has renewed a total of 37 insurance companies, including both government-owned and private sector institutions, by the end of Ashar 2081. The renewal covers companies operating in life, non-life, reinsurance, and microinsurance sectors,...


Sun Nepal Life Insurance Honors and Empowers Agents in Sudurpaschim

Kathmandu – Sun Nepal Life Insurance Company Limited successfully organized an agent honor and empowerment program in Dhangadhi, Sudurpaschim Province. The grand event, held at Hotel Flora, brought together the province’s top-performing branch managers and agents. During the program,...


Kapil Kumar Dahal Appointed Acting CEO of Himalayan Life Insurance

Kathmandu — The Board of Directors of Himalayan Life Insurance Limited has appointed Kapil Kumar Dahal as the acting Chief Executive Officer (CEO) of the company. The decision was made during the board meeting held on Wednesday. Dahal, who...


Insurance Claims from Gen-Z Movement Reach Rs 23.23 Billion

Kathmandu – The total insurance claims filed following the Gen-Z movement, which began on Bhadra 23 (September 8), have reached Rs 23.23 billion, according to the latest data released by the Nepal Insurance Authority. As of Kartik 9 (October...


Banks Remove Nepal Reinsurance Company Shares from Margin Loan Eligible List

Kathmandu – Banks have begun delisting the shares of Nepal Reinsurance Company Limited (Nepal Re) from their margin loan eligible lists, citing rising risk exposure after it was revealed that riot insurance coverage exists only under Nepal Re. Each...