Kathmandu – Life insurance companies in Nepal have recorded significant growth in renewal insurance premiums, earning Rs. 9.76 billion in the month of Kartik (Mid-October to Mid- November), marking a 45.10% increase compared to the same period last fiscal...

Kathmandu – Nepal’s life insurance sector has achieved remarkable growth, reporting a business turnover of Rs. 12.31 billion in just one month. According to data from the Nepal Insurance Authority, this marks a 42.60% increase compared to the same...

Kathmandu – Nepal’s life insurance industry has witnessed an 8% growth in business compared to last year, earning a total insurance premium of Rs. 53.39 billion by the end of Kartik month (Mid-Novemvber) in the current fiscal year. Data...

Kathmandu – Life insurance companies in Nepal have achieved impressive growth in new business, earning Rs. 2.25 billion in first insurance premiums during the month of Kartik (Mid- November). According to data from the Nepal Insurance Authority, the 14...

Kathmandu – Life insurance companies in Nepal have reported significant growth in renewal insurance premiums during the first four months of the current fiscal year 2081/082. According to the Nepal Insurance Authority, 14 life insurance companies collectively earned Rs....

Kathmandu – Nepal’s life insurance industry has demonstrated remarkable growth, with companies collectively earning over half a billion rupees in premiums by the end of Kartik (mid-November). According to data from the Nepal Insurance Authority, the total premium collection...

Kathmandu – Non-life insurance companies in Nepal have earned insurance premiums amounting to Rs 14.35 billion by the end of the Kartik month (mid-November) in the current fiscal year, offering eight types of insurance policies. The highest revenue came...

Kathmandu – The Nepal Insurance Authority has introduced a new directive towards  a risk-based capital (RBC) and Solvency framework for life and non-life insurance companies. This move replaces the directive issued in 2022 and aims to better align capital...

Kathmandu – The Nepal Insurance Authority (NIA) has mandated non-life insurance companies to issue policies using real-time software, marking a significant step toward digitizing Nepal’s insurance sector. This initiative, supported by the Ministry of Agriculture and Livestock Development, aims...

Kathmandu – Sagarmatha Lumbini Insurance has been announced as the official insurance partner of Sudurpaschim Royals, a cricket team preparing to compete in the Siddhartha Bank Nepal Premier League (NPL). The tournament is being organized by the Cricket Association...