IME Life Insurance Offers Exciting Discounts at Prem Durbar Hotel

Kathmandu — IME Life Insurance Company has partnered with Prem Durbar Pvt. Ltd. to provide exclusive discounts for its policyholders, agents, and employees. Under the agreement, IME Life policyholders will receive a 50% discount on zipline tickets and a...


ConnectIPS Launches Monsoon Cashback Campaign on Life Insurance Premiums

Kathmandu — ConnectIPS has rolled out an attractive cashback campaign titled “Cashback with Safety, with ConnectIPS”, targeting life insurance policyholders across Nepal. The scheme, which began on Jestha 4 and will continue until Shrawan 31 (May 18 – August...


Hong Kong General Insurance Market to Hit $10.9 Billion by 2029: GlobalData

Hong Kong’s general insurance market is projected to grow at a compound annual rate of 5.1%, reaching HK$85.4 billion (US$10.9 billion) in gross written premiums (GWP) by 2029, according to GlobalData. This forecast aligns with the Insurance Authority’s (IA)...


Himalayan Life Insurance Urges Shareholders to Pay Tax on Bonus Shares

Kathmandu — Himalayan Life Insurance Limited has called on its shareholders to deposit the 14% tax applicable on bonus shares approved during the company’s 17th Annual General Meeting held on Falgun 11, 2081 BS. According to the company, shareholders...


Reliable Nepal Life Organizes Motivational Training for Over 200 Agents in Kathmandu

Kathmandu — Reliable Nepal Life Insurance Limited has conducted a motivational program for more than 200 insurance agents from its various branches within the Kathmandu Region. The event took place on Saturday at Basundhara. The program aimed to encourage...


Auditor General Urges Action on Over Rs 1 Billion Pending Life Insurance Claims

Kathmandu — The Office of the Auditor General Nepal has called on the Nepal Insurance Authority to step up its monitoring efforts after it was found that life insurance companies have yet to settle claims worth over Rs 1.19...


Outstanding Insurance Claims of Non-Life Insurance Companies Records Rs 35.79 Billion in Q3

Kathmandu — The total outstanding insurance claim amount of Nepal’s non-life insurance sector has reached Rs 35.79 billion by third quarter of of the current fiscal year. This figure marks a 41.54 percent increase compared to the same period...


Sanima Reliance Life Insurance Announces Revival Campaign with Full Waiver on Late Fees

Kathmandu – Sanima Reliance Life Insurance has unveiled a special revival campaign offering a 100 percent discount on late fees for the renewal of expired life insurance policies. The initiative, aimed at policyholders who have missed premium payments due...


Suresh Prasad Khatri Reappointed as CEO of National Life Insurance Company

Kathmandu — National Life Insurance Company has officially reappointed Suresh Prasad Khatri as its Chief Executive Officer (CEO), marking his second term at the helm of the organization. The decision was made during the company’s board meeting held on...


Neco Insurance Allots Unallocated Right Shares via Auction

Kathmandu — Neco Insurance Limited has successfully allotted its unallocated right shares that were offered to the public through an auction. The shares were made available for bidding at a base price of Rs 100 per share. According to...