Kathmandu – The Nepal Insurance Authority has issued the Insurance Investment Directive, 2082, broadening the scope of investment for life, non-life, micro, and reinsurance companies. The directive, approved on Bhadra 17, aims to strengthen regulatory oversight while creating new...

Kathmandu – Sun Nepal Life Insurance has successfully completed a special training program on Anti-Money Laundering and Combating the Financing of Terrorism (AML-CFT), alongside corporate governance, with the objective of enhancing employee capacity and reinforcing transparency within the financial...

Kathmandu – The Government of Nepal has introduced a health insurance program aimed at ensuring the well-being and social security of filmmakers while supporting the sustainable development of the Nepali film industry. The initiative, titled “Health Insurance Program for...

Kathmandu -. Santosh Prasai, Chief Executive Officer (CEO) of Prabhu Mahalaxmi Life Insurance Limited, has been honored with the Visionary Leader in Life Insurance Award at the 6th Asian Professional Achievement Awards. The recognition highlights Prasai’s significant contribution to...

Kathmandu – Non-life insurance companies in Nepal have ramped up their investments in the capital market, with total investments reaching Rs 4.42 billion by mid-Ashar of the last fiscal year. The figure represents a 15 percent rise compared to...

Kathmandu – More than 19,000 insurance and financial professionals from around the world participated in this year’s Million Dollar Round Table (MDRT) Global Conference, a prestigious platform that recognizes excellence, discipline, and service in the financial and insurance sector....

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC Nepal) has completed 24 years of service and entered its 25th year since its establishment on September 1, 2001. The company, a leading player in Nepal’s insurance industry, has consistently expanded...

Kathmandu – Insurance entrepreneur Prabha Gyawali has once again secured her place in the Chairman’s Club of Life Insurance Corporation (LIC) Nepal, continuing her remarkable streak of success for the 22nd consecutive year. Operating through LIC Nepal’s Parasi branch,...

Kathmandu – Shikhar Insurance Limited has appointed Ashmank Karki as a director of the company. The decision was made by the board of directors to fill a vacant position, and Karki will serve in the role until the next...

Prime Minister Narendra Modi emphasized to Chinese President Xi Jinping that maintaining peace and tranquility along the India-China border is akin to an insurance policy for the bilateral relationship, according to Foreign Secretary Vikram Misri. The discussions took place...