Kathmandu – Non-life insurance companies in Nepal have ramped up their investments in the capital market, with total investments reaching Rs 4.42 billion by mid-Ashar of the last fiscal year. The figure represents a 15 percent rise compared to...

Kathmandu – More than 19,000 insurance and financial professionals from around the world participated in this year’s Million Dollar Round Table (MDRT) Global Conference, a prestigious platform that recognizes excellence, discipline, and service in the financial and insurance sector....

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has completed 24 years of service and entered its 25th year since its establishment on September 1, 2001. The company, a leading player in Nepal’s insurance industry, has consistently expanded...

Kathmandu – Insurance entrepreneur Prabha Gyawali has once again secured her place in the Chairman’s Club of Life Insurance Corporation (LIC) Nepal, continuing her remarkable streak of success for the 22nd consecutive year. Operating through LIC Nepal’s Parasi branch,...

Kathmandu – Shikhar Insurance Limited has appointed Ashmank Karki as a director of the company. The decision was made by the board of directors to fill a vacant position, and Karki will serve in the role until the next...

Prime Minister Narendra Modi emphasized to Chinese President Xi Jinping that maintaining peace and tranquility along the India-China border is akin to an insurance policy for the bilateral relationship, according to Foreign Secretary Vikram Misri. The discussions took place...

Kathmandu – Life insurance companies in Nepal have collectively generated Rs 3.27 billion in new business during the first month of the current fiscal year, according to data published by the Nepal Insurance Authority. A total of 14 life...

Kathmandu – Despite economic slowdown and multiple challenges, commercial banks in Nepal have accelerated credit expansion. According to the latest figures, the 20 commercial banks currently in operation disbursed loans worth Rs 485.5 billion in fiscal year 2081/82, marking...

Kathmandu – Liberty Micro Life Insurance Limited has successfully concluded its annual convention, the ‘Liberty Annual Convention 2082’, held from Bhadra 13 to 15 (August 29 to 31) in Sauraha, Chitwan. The three-day event brought together the company’s directors,...

Kathmandu – Trust Micro Insurance Limited and Cell Pay Pvt. Ltd. have signed a Memorandum of Understanding (MoU) to deliver insurance services through digital technology, making access to insurance simpler and more customer-friendly. The MoU was signed by Biswajan...