CAN Partners with MetLife Nepal to Provide Insurance for National Cricket Players

Kathmandu, The Cricket Association of Nepal (CAN) has joined hands with MetLife Nepal in a significant partnership aimed at enhancing the health and safety of Nepali national cricket players.   Under this collaboration, MetLife Nepal will provide insurance coverage...


IME Life Insurance Launches ‘Best Term Life Jeevan Bima Yojana’

Kathmandu, IME Life Insurance has introduced a new term life insurance plan named Best Term Life Jeevan Bima Yojana, specifically designed to cater to individuals from various professional backgrounds. The company, in its official statement, highlighted that the plan...


Non-Life Insurance Sector Sees 9.34% Growth, Boosted by Economic Activity and Vehicle Sales

Kathmandu, The non-life insurance sector in Nepal has seen significant growth in the current financial year, with total business increasing by 9.34% by the end of Bhadra month. This rise is attributed to increased economic activity and a surge...


Emphasizes Insurance as an Asset; CEO Aryal

Kathmandu, Sun Nepal Life Insurance Company marked its 7th anniversary with a grand celebration, during which CEO Raj Kumar Aryal highlighted the importance of shifting the public perception of insurance from a liability to an asset.   CEO Aryal...


Sun Nepal Life Marks 7th Anniversary with Launch of New Insurance Plans

Kathmandu, Sun Nepal Life Insurance Company Limited celebrated its 7th anniversary by unveiling two new life insurance policy: Sunlife Medicare and Sunaulo Bal Samridh Jeevan Bima Yojana. Launched on Sunday, these plans aim to strengthen medical and financial security...


Regulators Discuss to Implement NFRS-17 with Insurance Companies

Kathmandu, A discussion and interaction program on the necessary preparations for the implementation of Nepal Financial Reporting Standard-17 (NFRS-17) was held in Kathmandu on Wednesday. The event, organized by the Nepal Insurance Authority, aimed to bring together accounting regulatory...


High Court Directs Kamala Bridge Insurance Dispute to Commercial Court, NPR 130 million claim from Neco insurance

Kathmandu, The Patan High Court has ordered that the ongoing insurance dispute between Neco insurance and Lumbini Builders regarding the Kamala Bridge project be referred to the commercial court for a full hearing.  Lumbini Builders, part of the joint...


One of the major investors exiting from Prabhu Mahalakshmi Life Insurance

Kathmandu, Prabhu bank exiting from Mahalakshmi Life Insurance Limited by selling all of its share. There isn’t clear reason but bank has decided whole share want puts at sale. Prabhu bank is major stake holder of prabhu mahalaxmi life....


Anju Shrestha appointed CEO of Himalayan Everest Insurance

Kathmandu. Acting CEO Anju Shrestha has been appointed as the Chief Executive Officer (CEO) of Himalayan Everest Insurance Limited. Making history as the second female CEO in Nepali non-life insurance companies, Shrestha will lead Himalayan Everest Insurance Company. The...


NIC Asia Bank is once again selling 801476 shares of SuryaJyoti Life Insurance

Kathmandu, Nic asia bank ltd has announced the sale of 801,476 promoter shares Suryajyoti Life Insurance Company Limited again. This time bank puts 8,01,476 number of shares at sale. The company has set a minimum price of NPR 208...