Sebantak Pokharel Takes Oath as Chairman of Nepal Insurance Authority

Kathmandu – Joint Secretary of the Ministry of Finance, Sebantak Pokharel, has officially assumed the role of Chairman of the Nepal Insurance Authority. Pokharel took the oath of office today before Deputy Prime Minister and Minister for Finance, Bishnu...


IGI Prudential Insurance Partners with Frontline Hospital for Cashless Medical Services

Kathmandu — IGI Prudential Insurance Limited has entered into a service agreement with Nobel College of Health and Education Foundation Pvt. Ltd. (operating Frontline Hospital, Old Baneshwor) to provide cashless hospitalization services to its medical insurance policyholders. The agreement...


Rastriya Beema Company Launches Group Accident Insurance in Balan-Bihul Rural Municipality

Kathmandu — Rastriya Beema Company Limited, Lahan Branch, has launched a group accident insurance program for employees and public representatives of Balan-Bihul Rural Municipality in Madhesh Province—marking the first such initiative in the area. The rural municipality has insured...


Sun Nepal Life Donates Rescue Equipment to Armed Police Force Halchowk

Kathmandu — As part of its corporate social responsibility (CSR) initiative, Sun Nepal Life Insurance Company has handed over essential rescue equipment to the Armed Police Force (APF) Halchowk. The handover took place during a formal program attended by...


Kaligandaki Rural Municipality Provides Free Health Insurance to All Residents

Kathmandu — Kaligandaki Rural Municipality in Syangja has taken a major step toward ensuring universal health coverage by providing free health insurance to all its residents. In the current fiscal year 2081/082, the municipality has paid a total of...


Sebantak Pokharel Appointed Acting Chairman of Nepal Insurance Authority

Kathmandu — The government has appointed Joint Secretary Sebantak Pokharel of the Ministry of Finance as the new acting Chairman of the Nepal Insurance Authority. The decision was made during a cabinet meeting held on Monday. According to a...


Sharad Ojha Suspended as Insurance Authority Chairman After Forgery Scandal

Kathmandu — Sharad Ojha, a former journalist who was controversially appointed as Chairman of the Nepal Insurance Authority, has been suspended after serving for only four months and 17 days. The Cabinet meeting on Monday formed an investigation committee,...


Asian Life Insurance Holds 17th AGM, Approves 5.10% Bonus Shares and Elects New Board

Kathmandu – Asian Life Insurance Company Limited successfully concluded its 17th Annual General Meeting (AGM) today at Hotel Ichchha in Simara, Bara. The meeting was held under the chairmanship of Deepak Kumar Shrestha, Chairman of the company’s Board of...


NIA Directs Insurers to Include All Premium Categories in Business Targets

Kathmandu – The Nepal Insurance Authority (NIA) has directed life insurance companies and micro life insurers to incorporate all premium categories—including first, renewal, and term life insurance premiums—when setting business targets for the upcoming fiscal year. In a circular...


Life Insurance Corporation Nepal Concludes 23rd AGM, Approves 10% Bonus Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited successfully concluded its 23rd Annual General Meeting (AGM) at the Nepal Administrative Training Institute in Jawalakhel, Lalitpur. During the meeting, shareholders approved the company’s proposal to distribute a 10 percent bonus share...