Sanima Reliance Life Insurance Partners with Narayani Community Hospital for Healthcare Concessions

Kathmandu — Sanima Reliance Life Insurance has signed an agreement with Narayani Community Hospital, Chitwan, to provide concessions on healthcare services for its policyholders, agents, and employees nationwide. The agreement was formalized with Chief Executive Officer Shivnath Pandey representing...


National Life Insurance Concludes Four-Day Annual Branch Managers Conference in Dhulikhel

Kathmandu — National Life Insurance Company successfully concluded its four-day Branch Managers Annual Conference with the theme “Redefining Success” at Hotel Dusit Thani Himalayan Resort, Dhulikhel. The event, held under the chairmanship of the company’s Chairperson Prema Rajya Lakshmi...


Life Insurance Renewal Premiums Rise by 12.91% in FY 2081/82

Kathmandu — Renewal premium income for life insurance companies in Nepal grew significantly in the last fiscal year 2081/82, indicating steady sectoral expansion and improved policyholder retention. According to the Nepal Insurance Authority, the 14 life insurers currently operating...


Non-Life Insurance Sector Records 6.77% Growth in FY 2082/83

Kathmandu – Nepal’s non-life insurance sector witnessed a steady growth of 6.77% in the fiscal year 2082/83, according to data released by the Nepal Insurance Authority. The country’s 14 non-life insurance companies collectively generated a business volume of Rs...


Life Insurance Sector Sees Robust Growth, Premiums Reach Rs 181.42 Billion

Kathmandu — Nepal’s life insurance sector has recorded significant growth in the last fiscal year, with total premiums collected reaching Rs 181.42 billion by the end of Ashar, according to the financial statements published by the Nepal Insurance Authority...


Non-Life Insurance Sector Records Rs Nearly 44 Billion in Premiums for FY 2081/82

Kathmandu — The 14 non-life insurance companies operating in Nepal collectively recorded a business volume of nearly Rs 44 billion in the last fiscal year 2081/82, according to financial statements released by the Nepal Insurance Authority. During the period,...


Prabhu Insurance Concludes 29th AGM, Approves 18% Bonus Shares

Kathmandu — Prabhu Insurance Limited concluded it’s 29th Annual General Meeting (AGM), held today at Prabhu Complex, Koteshwor, Tinkune. The company made significant decisions for its shareholders during the meeting. The meeting endorsed a proposal to distribute 18 percent...


NRB Eases Rules for Insurance Companies on Specialist Service Payments

Kathmandu — Nepali insurance companies will now be able to make payments for specialist services to individuals in India without prior approval from the Nepal Rastra Bank (NRB). The central bank has introduced this change through significant amendments to...


General Insurance Association of Nepal Calls for Policy Reforms in Nepal’s Insurance Sector

Kathmandu — General Insurance Association of Nepal (GIAN) has urged the Insurance Authority (NIA) to address pressing challenges in the country’s insurance system, emphasizing the need for policy reforms that could enhance investor confidence and improve operational efficiency. In...


Discussions Conclude on Addressing Hydropower Insurance Challenges

Kathmandu — The Nepal Insurance Authority (NIA) has convened a high-level discussion with key stakeholders to address the ongoing challenges in insuring Nepal’s hydropower sector. The meeting, held at the Authority’s central office in Kupandol, brought together representatives from...