Life Insurance Companies Earn Over NPR 109.43 Billion in Premiums Across Seven Provinces

Kathmandu — Life insurance companies in Nepal have collectively earned NPR 109.43 billion in total insurance premiums across all seven provinces as of the end of the month of Falgun (mid-march), according to data released by the Nepal Insurance...


Rajkumar Khadka Appointed Company Secretary of Himalayan Everest Insurance

Kathmandu –  Raj Kumar Khadka has been appointed as the Company Secretary of Himalayan Everest Insurance. The decision was made during the  meeting held on Chaitra 11 (March 24). According to the Company,  Khadka’s appointment has been taken effect...


Shangrila Ply Industry Insured for Rs 350 Million with National Insurance

Kathmandu – Shangrila Ply Industry in Dang, Ghorahi Sub-metropolitan City-9, which was severely damaged by a fire, is insured with National Insurance for Rs 350 million. The fire, which broke out around 2 a.m. on Sunday due to an...


Chandra Bahadur Thapa Chhetri Appointed Chairman of Health Insurance Board

Kathmandu – Chandra Bahadur Thapa Chhetri has been appointed as the chairman of the Health Insurance Board. Minister for Health and Population Mohan Bahadur Poudel administered the oath of office and secrecy to Thapa on Tuesday. Before Thapa’s appointment,...


AI Model DeepSeek Could Enhance Operational Efficiency for China’s Insurers : AM Best

Kathmandu  – The adoption of the artificial intelligence (AI) model DeepSeek by insurance companies in mainland China has the potential to improve operational efficiencies, particularly for small to medium-sized carriers, according to a new commentary from AM Best. While...


Himalayan Life Insurance to Sell Promoter Shares

Kathmandu – Himalayan Life Insurance Limited has announced the sale of 158,784 promoter shares, offering them exclusively to its existing promoter shareholders. The company has given 35 days for interested promoter shareholders to submit written applications for the purchase...


World Bank Recommends Policy Actions in Four Key Areas to Unlock Nepal’s Economic Potential

Kathmandu – The World Bank (WB) has recommended that Nepal implement policy actions in four critical areas – improving migration benefits, enhancing export performance, harnessing hydropower potential, and strengthening the digital sector – to unlock its economic growth potential....


Life Insurance Companies in Nepal Collect Rs 21.12 Billion in First Insurance Premiums

Kathmandu – Life insurance companies operating in Nepal have collected a total of Rs 21.12 billion and 54 million in first insurance premiums during the first eight months of the current fiscal year 2081/82. The latest figures, released by...


Life Insurance Companies Business Reports 10.33% Growth, Reliable and Citizen Life Insurance Lead

Kathmandu – Life insurance companies operating in Nepal have collectively earned insurance premiums totaling Rs 108.71 billion by the end of Falgun month (mid-March) of the current fiscal year. The latest data, released by the Nepal Insurance Authority, shows...


Life Insurance Companies Earn Rs 108.71 Billion in Premiums in Eight Months

Kathmandu – Life insurance companies in Nepal have collectively earned insurance premiums worth Rs 108.71 billion during the current fiscal year up to Falgun (mid-March), according to the latest data released by the Nepal Insurance Authority. The report highlights that...