Kathmandu – Life insurance companies operating in Nepal have collectively invested more than Rs 700 billion in various sectors during the second quarter of the current fiscal year, according to the Nepal Insurance Authority. The 14 life insurance companies...

Kathmandu – Himalayan Life Insurance has announced that today is the final day for shareholders to secure their eligibility for the proposed dividend. The company will close its books tomorrow, February 7, for the purpose of dividend distribution. Shareholders...

Kathmandu – Siddhartha Premier Insurance Limited has announced its 31st Annual General Meeting (AGM), scheduled for Thursday, February 27. The meeting will take place at Lisara Reception, Naxal, Kathmandu, starting at 10:30 AM. During the AGM, the company will...

Kathmandu – Himalayan Life Insurance Limited has published its financial statements for the second quarter of the current fiscal year, revealing an 8.73% growth in net profit compared to the same period last year. The company’s net profit rose...

Kathmandu – Sun Nepal Life Insurance Company Limited has extended financial support of NPR 500,000 to Samata Foundation as part of its corporate social responsibility (CSR) initiative. The financial assistance will be directed toward the education of students associated...

Kathmandu – Sushil Dev Subedi has been appointed as the new Executive Director of the Nepal Insurance Authority. The decision was made during a meeting of the Authority’s Recruitment Committee held on February 5, 2025. Subedi, who joined the...

Kathmandu – Prabhu Mahalaxmi Life Insurance Company has introduced a scheme offering up to 75 percent interest discount on the renewal of lapsed insurance policies. This decision comes as a response to growing demands from policyholders whose policies have...

Kathmandu – Himalayan Life Insurance has introduced a special discount on late fees for expired insurance policies, providing policyholders with an opportunity to renew their policies at reduced costs. The company has announced discounts of up to 75 percent...

Kathmandu – Sanima Reliance Life Insurance has successfully concluded its half-yearly Business Review Meeting for the fiscal year 2080/81. The event, held at Hotel Siraichuli in Chitwan, was aimed at reviewing the company’s overall business and financial performance. The...

Kathmandu – Siddhartha Premier Insurance Company has announced an impressive 30 percent cash dividend for its shareholders. The decision was made during the board of directors meeting held on Monday evening. Based on the company’s current paid-up capital of...