NIA President Chunky Chettri Advocates for Enhanced Capacity and Support for Industry Employees

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...


Acting Chairman of NIA Madan Dahal Announces Major Reforms for Insurance Sector

Kathmandu – Acting Chairman of the Nepal Insurance Authority (NIA), Madan Dahal, has unveiled a series of new initiatives aimed at reforming and expanding Nepal’s insurance sector. Speaking at a social dialogue event organized by the Nepal Financial Institute...


Nepal Insurance Authority Mandates Refresher Training for License Renewal

Kathmandu – The Nepal Insurance Authority has introduced mandatory refresher training for over 200,000 insurance agents and surveyors as a prerequisite for license renewal. The announcement was made by Acting Chairman Madan Dahal during a social dialogue program organized...


Prabhu Mahalaxmi Life’s ‘Super Surakshit Beema’ Stands Out as Best-Selling Insurance Plan

Kathmandu – Prabhu Mahalaxmi Life Insurance’s “Super Surakshit Beema” Insurance Plan has emerged as one of the company’s best-selling policies. It is known for its affordable premiums and extensive benefits, the plan has been widely adopted by individuals across...


Morang Merchant’s Association Urges Reform in Non-Life Insurance Policies

Kathmandu – The Morang Merchant’s Association has called on Finance Minister Bishnu Prasad Paudel to address the high premium rates in Nepal’s non-life insurance sector and introduce measures to revitalize the nation’s economy. In a memorandum submitted to the...


National Life Insurance Honors Top Agents at Prestigious Chairpersons’ Club Member Event

Kathmandu – National Life Insurance Company Limited concluded its second day of grand ‘Chairpersons’ Club Member Honor Ceremony and Training Program’ yesterday at the Soaltee Hotel in Kathmandu, celebrating the exceptional achievements of its agents nationwide. The event brought...


Government Proposes Increased Fees for Insurance Licenses Under New Regulations

Kathmandu – The government has proposed significant increases in license fees for insurance agents, surveyors, brokers, and third-party facilitators under the draft Insurance Regulations 2081. The proposed changes aim to modernize the insurance sector and align it with current...


Guardian Micro Life Insurance’s IPO for Nepalese Abroad Receives Overwhelming Response

Kathmandu – Guardian Micro Life Insurance’s Initial Public Offering (IPO) for Nepalese working abroad has received applications worth NPR 258.3 million, reflecting a strong response from investors. According to CDS, a total of 47,659 applicants submitted requests for 2,583,440...


PM Modi of India Launches LIC “Bima Sakhi Yojana” to Empower Women with New Livelihood Opportunities

New Delhi – Prime Minister Narendra Modi of India has recently launched the “LIC Bima Sakhi Yojana” in Panipat, Haryana, an initiative aimed at empowering women and expanding insurance penetration across rural India. The scheme, introduced by the Life...


Prabhu Mahalaxmi Life Insurance Distributes Bonus Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has transferred its recently announced bonus shares to the demat accounts of eligible shareholders. The company’s annual general meeting, held on October 9, 2024 had approved a 10 percent bonus share distribution....