Sanima Reliance Life Insurance Announces New Bonus Rates

Kathmandu – Sanima Reliance Life Insurance Limited has made public the new bonus rates based on the actuarial valuation report of the last fiscal year. The company stated that the updated rates will apply to all eligible policies and...


Insurance Industry Demonstrates Strength in National Crisis, Says CEO Shrestha

Kathmandu — Nepal’s insurance industry has once again shown that it can stand firmly with the nation during times of crisis, says Himalaya Everest Insurance Limited CEO Anju Shrestha. Reflecting on the aftermath of the Gen-Z Movement, she stated...


Life and Non-Life Insurance Companies Prioritizing Different Investment Horizons

Kathmandu — Insurance companies operating in Nepal are making investments in accordance with the Nepal Insurance Authority’s guidelines, with notable differences in investment patterns between life and non-life insurers. Life insurance companies are found to be placing greater emphasis...


Futsal Tournament Organized by Nepal Insurance Company Concludes in Samakhushi

Kathmandu — The futsal competition organized by Nepal Insurance Company Limited on Mangsir 19 and 20 in Samakhushi has concluded successfully, with participation from 28 teams representing 25 organizations across Nepal’s insurance sector. Teams from the Nepal Insurance Authority,...


National Life Insurance Honors Top Performers at CEO Club Member Program in Nepalgunj

Kathmandu – National Life Insurance Company Limited has successfully organized the CEO Club Member Honor Program at Hotel Soaltee Westend in Nepalgunj, recognizing outstanding performers from Sudurpaschim and Karnali provinces. The event was chaired by the company’s Chief Executive...


National Insurance Company Marks 120th Foundation Day with Grand Celebration

Kathmandu — National Insurance Company Limited has celebrated its 120th foundation day with a grand program held in Kathmandu, bringing together employees and senior officials from across the country. The event was attended by Chief Executive Officer Navneet Gupta,...


Life Insurance Companies Invest Nearly Rs 800 Billion; Nepal Life Alone Accounts for Over Rs 200 Billion

Kathmandu — Life insurance companies in Nepal have collectively invested close to Rs 800 billion, with Nepal Life Insurance leading the sector by a wide margin. According to the financial statements released by the Nepal Insurance Authority, the 14...


Rastriya Jeevan Beema Company and Rastriya Beema Company Placed Under Close Surveillance by NIA

Kathmandu — The Nepal Insurance Authority (NIA) has placed two government-owned insurers — Rastriya Jeevan Beema Company and Rastriya Beema Company — under close regulatory surveillance following the discovery of serious irregularities in their financial accounts. According to the...


Taiping Insurance Shares Slide on Over $200 Million Exposure to Hong Kong Fire

Hongkong (Reuters) — Shares of China Taiping Insurance Holdings (0966.HK) fell sharply on Thursday amid concerns that the company faces more than $200 million in insurance exposure linked to a massive fire at a residential complex in Tai Po,...


Himalayan Everest Insurance Found Returning Part of Insurance Fee as Advertising Expense

Kathmandu — A review has shown that Himalayan Everest Insurance returned a portion of an insurance fee collected from Labim Mall in Lalitpur by categorizing it as advertising expenditure. The company had charged around Rs. 3 million in insurance...