Kathmandu – Nepal Life Insurance Company (Nepal Life), a dominant player in Nepal’s life insurance industry, continues to solidify its leading position not only commercially but also financially. With a robust paid-up capital of Rs 8.2 billion, the company...

Kathmandu – Met Life Insurance Company has unveiled its new bonus rates for the fiscal year 2080/81, effective for all insurance policies that will participate in profits according to the actuarial valuation. The newly announced bonus rates will apply...

Kathmandu – Devraj Dhungana, Chairperson of Nepal Reinsurance Company, has been appointed as the Executive Director of the Security Printing Center by the Government of Nepal. Despite his new role, Dhungana will continue to serve as Chairperson of Nepal...

Kathmandu – The Nepal Non-Life Insurance Association has urged the Securities Board of Nepal (SEBON) to amend a provision that prohibits corporate directors from selling their shares for one year after resigning from their positions. The association claims that...

Kathmandu – Sun Nepal Life Insurance Company recently held a special program at the Avocado and Orchid Resort in Hetauda to honor its marketing managers for their exceptional contributions to the company’s growth. The event celebrated the achievements of...

Kathmandu – SuryaJyoti Life Insurance has become the first life insurance company in Nepal to conduct its annual general meeting (AGM) for the fiscal year 2080/81. The company held its 17th AGM grandly at the Big Hotel in Biratnagar,...

Kathmandu – Insurance companies in Nepal have significantly increased their investments in productive and infrastructure sectors, a shift driven by amendments in the investment guidelines introduced by the Nepal Insurance Authority. The revised guidelines, which encourage investments in agriculture,...

Kathmandu – Rastriya Beema Company, a state-owned enterprise, is under scrutiny for alleged financial irregularities and corruption. The company has reportedly prepared and approved an audit report for fiscal years 2073 to 2075 in violation of accounting standards, with...

Kathmandu – Poshak Raj Paudel, Chairman of the Life Insurers’ Association (Nepal) and CEO of Citizen Life Insurance, has underscored the urgent need to prioritize high-quality services for policyholders while fostering a robust ecosystem to enhance the efficiency and...

Kathmandu – Nepal Insurers’ Association President and CEO of Sagarmatha Lumbini Insurance, Chunky Chhetri, has pledged to support solutions for any challenges faced by employees and surveyors in the insurance sector. Speaking at a program organized by Financial Institute...