Kathmandu — The Nepal Insurance Authority has issued strict directives to life and micro-life insurers to control mis-selling and other improper practices in the sale of insurance plans. The Authority has prohibited insurers and agents from presenting and selling...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its Chairman Club and CEO Club Achievers Award program for its top-tier insurance agents. The four-day event, held in the tourist city of Pokhara from Bhadra 4 to 7,...

Kathmandu — By the end of fiscal year 2025/26 (2082/83), Nepal’s life insurance companies had further expanded their investment portfolios, strengthening their presence in the financial market. The total investment of the 14 life insurance companies currently operating in...

Kathmandu — Nepal’s life and non-life insurance companies spent more than NPR 12.55 billion on employee benefits during fiscal year 2025/26 (2082/83), according to their fourth-quarter financial statements. The 28 insurance companies spent a combined NPR 12.56 billion on...

Kathmandu — National Life Insurance Company Limited has concluded its four-day Branch Managers’ Conference, recognizing top-performing branch managers and branches for fiscal year 2025/26 while discussing business strategies, expansion plans and employee development for the current fiscal year. Held...

Kathmandu —  Life insurance companies paid out more than NPR 86 billion in claims during the last fiscal year, according to their fourth-quarter financial statements. The 14 life insurers paid a combined NPR 86.31 billion in claims in fiscal...

Kathmandu — Finance Minister Dr. Swarnim Wagle has said the government has not reduced the budget allocated for the health insurance program, but has instead increased it by NPR 5 billion this year. Speaking at a dialogue program titled...

Kathmandu — Nepal Life Insurance Company Limited’s ‘Leadership Excellence Award 2026 is currently underway at Hotel Yak & Yeti in Kathmandu. The company is hosting the two-day event to recognize insurance agents, branch managers and employees from across the...

Kathmandu — Retained earnings at Nepal’s non-life insurance companies fell sharply in the last fiscal year, with the sector’s combined retained earnings dropping 34.36 percent from a year earlier. According to fourth-quarter financial statements for fiscal year 2025/26 (2082/83),...

Kathmandu — The government has moved to increase airlines’ liability for accidents, passenger deaths and injuries, lost baggage, and damage to third-party property. With the National Assembly unanimously endorsing the proposed Internal Air Service Liability Bill, airlines’ insurance coverage...