Kathmandu – MetLife Nepal has introduced a new initiative, the MetLife ‘Always with You’ program, aimed at deepening its relationship with customers and providing continuous support. The program reflects the company’s commitment to delivering personalized and customer-centric services while...

Kathmandu – IME Life Insurance has honored its top-performing agents for achieving their COT (Court of the Table) and MDRT (Million Dollar Round Table) targets. The company hosted a grand ceremony on Saturday at Hotel Moon & Restaurant in...

Kathmandu – Nepal’s commercial banking sector has reported a combined profit of Rs 30.5 billion by the end of Mangsir (mid-December, 2024) in the current fiscal year 2081/82. According to data from Nepal Rastra Bank, this figure marks a...

Kathmandu – Nepal Life Insurance has announced a dividend for its shareholders from the profit earned in the fiscal year 2080/81. The decision was made during the board of directors meeting held on January 10. The company has declared...

Kathmandu – The Health Insurance Reform Suggestion Task Force has proposed significant changes to Nepal’s health insurance program, including a progressive premium system and an increase in the premium amount from NPR 7,000 to NPR 15,000 annually. The report,...

Kathmandu – United Ajod Insurance Limited has issued a notice urging policyholders to submit the necessary documents for insurance claims filed until June 19, 2024 in order to proceed with payment. The company stated that while claims were filed...

Altadena, California, (Reuters) – The recent wildfires in the Los Angeles area have left communities like Altadena grappling with profound loss and uncertainty. At least 11 lives have been claimed, and over 10,000 structures have been destroyed or severely...

Kathmandu – Nepal Micro Insurance Company Limited is preparing to launch its Initial Public Offering (IPO) for Nepali citizens employed abroad starting from January 21. The company has received approval from the Securities Board of Nepal to issue 2.25...

Kathmandu – In a landmark move to enhance financial integrity, the Nepal Insurance Authority (NIA) has established a separate Money Laundering Department to intensify surveillance of money laundering activities within the insurance sector. The new department is expected to...

Kathmandu – The Nepal Insurance Authority has issued a one-week ultimatum to Rastriya Beema Company Limited (RBCL) to submit an action plan for the upcoming audit. The directive comes after the company’s repeated non-compliance with prior instructions, prompting the...