Life Insurance Sector Grows by 8%; Nepal Life Leads, Citizen and Reliable Show Remarkable Growth

Kathmandu – Nepal’s life insurance sector experienced an 8% growth in the first six months of the current fiscal year 2081/082, with 14 companies collectively earning NPR 80.66 billion in insurance premiums. According to data released by the Nepal...


Life Insurance Companies Collect Over NPR 63 Billion in Renewal Premiums in Six Months

Kathmandu – Life insurance companies in Nepal earned over NPR 63 billion in renewal insurance premiums in the first six months of the current fiscal year 2081/082. According to the Nepal Insurance Authority, 14 life insurance companies operating in...


Life Insurance Companies in Nepal Collect Premiums Worth NPR 80.66 Billion in Six Months

Kathmandu – Life insurance companies operating in Nepal have collectively earned NPR 80.66 billion in insurance premiums during the first six months of the current fiscal year, according to data released by the Nepal Insurance Authority on Wednesday. The...


Professional Insurance Agents Association Submits Recommendations to Nepal Insurance Authority

Kathmandu – The Professional Insurance Agents Association Nepal (PIAAN) has submitted a set of suggestions to the Nepal Insurance Authority, addressing regulations, facilities, and pressing issues in the insurance sector. The association emphasized the need for attractive packages to...


Saif Ali Khan’s Insurance Claim Sparks Concerns about Disparities in Health Insurance

Mumbai, India – Bollywood actor Saif Ali Khan’s health insurance claim details, amounting to Rs 35.95 lakh, were leaked on social media following an attack at his Bandra West residence. Saif, who suffered multiple stab wounds, was rushed to...


Insurance Companies Failing to Comply with Money Laundering Regulations

Kathmandu – Many insurance companies in Nepal are failing to provide crucial information to the Nepal Insurance Authority (NIA) regarding Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), raising concerns about compliance and transparency in the sector. An...


Nepal Life Insurance Book Closure for Dividend Today

Kathmandu – Today marks the last day to secure the dividend of Nepal Life Insurance Company Limited, as the company will close its books on January 23 (Magh 10) for its 25th Annual General Meeting (AGM) and dividend distribution....


Sundar Panthi Appointed CEO of Rastriya Jeewan Beema Company

Kathmandu, – Sundar Panthi has been officially appointed as the Chief Executive Officer (CEO) of Rastriya Jeewan Beema Company. The decision was made by the company’s board of directors after a competitive recruitment process. He is a First Class...


Nepal Micro Insurance Limited Issues IPO for Nepalese Employed Abroad

Kathmandu – Nepal Micro Insurance Limited has opened its Initial Public Offering (IPO) for Nepalese citizens working abroad starting today, January 21. The company is offering 10% of the total IPO units allocated for the general public to Nepalese...


Only One Application Received for Nepal Insurance Authority Chairman Post

Kathmandu – The Ministry of Finance has received only one application for the position of Chairman of the Nepal Insurance Authority (NIA), despite interest from over a dozen aspirants. Applications can be submitted to the Financial Sector Management and...