Kathmandu – Rajendra Malla, President of the Nepal Non-Life Insurance Association and outgoing President of the Nepal Chamber of Commerce, has underscored the critical need for stronger collaboration between the government and the private sector to enhance the performance...

Kathmandu – The government-owned Rastriya Beema Company Limited has officially entered its 12th year of operation, marking over a decade of dedicated service in Nepal’s non-life insurance sector. On this occasion, the company has reaffirmed its commitment to enhancing...

Seoul (The Korea Herald) – With cyberattacks on the rise, South Korean insurers are stepping up efforts to expand cyber insurance coverage. Recent high-profile breaches, including at SK Telecom and Seoul Guarantee Insurance (SGI), have exposed major gaps in...

Kathmandu – Prabhu Mahalaxmi Life Insurance Company Limited has announced the sale of 130,442 units of its promoter shares. The company has opened the sale at a minimum price of Rs 203 per share. The sale is currently open...

Kathmandu – In the aftermath of the devastating floods and landslides that struck Rasuwa district on Ashar 23, insurance companies have received claims totaling over Rs 850 million. According to data released by the Nepal Insurance Authority, a total...

Kathmandu – Himalayan Life Insurance Company Limited successfully concluded its annual recognition program, ‘Himalayan Life Aarohi Samman Samaroh 2082’, at Chandragiri Hills Resort, Kathmandu. The event was held to celebrate and honor the company’s top-performing agents for their outstanding...

Kathmandu — The Nepal Insurance Authority has formally amended the Reinsurance Directive 2080, introducing several significant changes aimed at strengthening the regulatory framework for both life and non-life insurers operating in the country. Although the amendment was made on...

Kathmandu — The government is moving to eliminate the mandatory term life insurance provision currently required for Nepali workers seeking foreign employment, signaling a major policy shift in the country’s labor migration framework. A new bill prepared by the...

Kathmandu – IME Life Insurance Company Limited concluded its prestigious Business Excellence Award Night 2025 in a grand ceremony held at Pokhara Grand Hotel, celebrating the outstanding performance of its agents during the fiscal year 2081/82. The event, aimed...

Kathmandu — The Government of Nepal has initiated steps to bring uniformity in the salary structures and service facilities of employees across public corporations, including key regulatory bodies such as the Nepal Insurance Authority. A three-member task force has...