Sun Nepal Life Offers Up to 75% Discount on Renewal of Expired Policies

Kathmandu — Sun Nepal Life Insurance has announced a discount of up to 75% on the renewal of expired insurance policies. The discount will be available from Chaitra 11 to Chaitra 28 (March 24 to April 10), according to...


Public Accounts Committee Forms Subcommittee to Investigate Complaints on Insurance, Banking, and Capital Market Sectors

Kathmandu – The Public Accounts Committee (PAC) of the House of Representatives has formed a subcommittee to investigate a range of complaints received by the committee, focusing on issues across various sectors. The decision, made during a recent PAC...


Non-Life Microinsurance Companies Earn Over Rs 579.6 Million in Eight Months

Kathmandu – Four non-life microinsurance companies in Nepal have earned a total insurance premium of more than Rs 579.6 million in the first eight months of the current fiscal year 2081/082. According to the data released by the Nepal...


Rastriya Jeevan Beema Company Announces Date for First General Meeting

Kathmandu – Rastriya Jeevan Beema Company Limited has announced the date for its first General Meeting. The meeting is scheduled to take place on Wednesday, Baisakh 3, 2082 (April 16, 2025), at 4:00 PM at the company’s head office...


Nepal Insurance Authority Directs Foreign Reinsurance Brokers to Establish Offices

Kathmandu – The Nepal Insurance Authority has instructed foreign reinsurance brokers to establish offices in Nepal within three months, in line with the Reinsurance Directive for Life Insurance, 2080. According to the directive, reinsurance brokers listed with the authority...


Nepal Insurance Authority Promotes Directors and Deputy Directors

Kathmandu – The Nepal Insurance Authority has officially handed over promotion letters to employees promoted to the posts of Director and Deputy Director through the internal evaluation system. The letters were distributed 35 days after the promotion recommendations were...


Non-Life Insurance Business Reaches Rs 28.02 Billion, Up by 7.12 Percent

Kathmandu – Non-life insurance companies in Nepal have recorded a total business of Rs 28.02 billion in the first eight months of the current fiscal year 2081/082, reflecting a 7.12 percent increase compared to the same period last year....


Sanima Reliance Life Marks Eighth Anniversary with Blood Donation Program

Kathmandu – Sanima Reliance Life Insurance Limited marked its eighth anniversary by organizing an open blood donation program at Pokhara New Road. The event was held with the technical support of the Nepal Red Cross Society, Blood Circulation Service,...


Non-Life Insurance Companies Earn Rs 3.75 Billion in Falgun

Kathmandu – Non-life insurance companies in Nepal earned a total insurance premium of Rs 3.75 billion 47 million in the month of Falgun (mid-February to mid-March), reflecting a 2.92 percent increase compared to the same month last fiscal year....