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...


Micro Life Insurance in Nepal Earn Nearly Rs 725 Million in Eight Months

Kathmandu – Micro life insurance companies operating in Nepal have earned approximately Rs 725 million in insurance premiums during the first eight months of the current fiscal year 2081/82. According to the latest data from the Insurance Authority, the...


Bagmati Province Tops Non-Life Insurance Market, Motor Insurance Leads the Sector

Kathmandu – Non-life insurance companies operating in Nepal have earned a total insurance premium of Rs 28.6 billion during the first eight months of the current fiscal year. This includes from 14 non-life insurance companies and four non-life microinsurance...


Life Insurance Association Urges Finance Minister to Revise Tax Policies

Kathmandu — Officials from the Life Insurance Association Nepal (JEBISAN) met with Deputy Prime Minister and Finance Minister Bishnu Poudel today to present key demands related to the insurance sector. The association highlighted four major issues, including tax exemption...


Pakistan Embassy in Kathmandu Celebrates 85th National Day with Flag Hoisting Ceremony

Kathmandu – The Embassy of Pakistan in Kathmandu celebrated the 85th National Day of Pakistan with a flag hoisting ceremony held at the embassy premises on Sunday (March 23). Ambassador H.E. Abrar H Hashmi hoisted the national flag, followed...


Guardian Micro Life Holds Second AGM, Approves Merger Proposal

Kathmandu — Guardian Micro Life Insurance Limited successfully concluded its second annual general meeting (AGM) today at Hotel Airport in Biratnagar. The meeting approved a special resolution authorizing the board of directors to initiate necessary procedures for merging with...