Prabhu Mahalaxmi Life Insurance Honors MDRT 2025 Agents

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its 4-day “MDRT Celebration and Vision Crafting 2025” program, held from January 23 10 to 26 in Pokhara. The event honored agents selected for the prestigious Premier Association of...


Sun Nepal Life Insurance Holds Orientation on Money Laundering Prevention

Kathmandu – Sun Nepal Life Insurance Company Limited organized an orientation program on money laundering and the prevention of financial investment in terrorist activities to mark the “National Anti-Money Laundering Day.” The event was conducted across the company’s offices...


Himalayan Life Insurance to Hold 17th AGM on February 23

Kathmandu – Himalayan Life Insurance Limited has announced its 17th Annual General Meeting (AGM), scheduled for February 23 at 10:30 AM. The meeting will take place at Anupam Foodland & Banquet, Battisputali, Kathmandu. Key proposals on the agenda include...


National Life Insurance: A Legacy of Strong Dividend Distribution

Kathmandu – National Life Insurance Company Limited has built a proud legacy of consistent and significant dividend distribution, achieving a maximum dividend of 75% in its one-and-a-half-decade history. The company has consistently provided fair returns to its shareholders, showcasing...


Patan High Court Orders SuryaJyoti Life to Pay Claim to Bedridden Insured Angad Khadka

Kathmandu – The Patan High Court has ordered SuryaJyoti Life Insurance to pay Rs 1 million, along with interest, to Angad Khadka of Bhaktapur, who has been bedridden due to a severe illness. The decision was issued by a...


SALICO Accused of Irregularities in Promoter Share Conversion

Kathmandu – Allegations of irregularities have surfaced against Sagarmatha Lumbini Insurance Company (SALICO) regarding the conversion of promoter shares of the then Sagarmatha Insurance Company into general public shares. The process, which was supposed to adhere to the approval...


Health Insurance Coverage to Be Increased to Rs 500,000

Kathmandu – Minister for Health and Population, Pradip Paudel, has announced plans to raise the current health insurance coverage from Rs 100,000 to Rs 500,000. Speaking at a program in Bhaktapur on Sunday, Minister Paudel emphasized that the increase...


LIC Nepal to Auction 492,577 Unallocated Right Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited (LIC) is set to auction 492,577 unallocated right shares (general group) starting from February 3. The minimum price for the shares has been fixed at Rs 100 per unit. Interested individuals, companies,...


Non-Life Microinsurance Companies Earn Over Rs 422.9 Million in Premiums

Kathmandu – The Nepal Insurance Authority (NIA) has reported that the four non-life microinsurance companies operating in Nepal collected a combined premium of over Rs 422.9 million during the first six months of the current fiscal year. Among the...


Micro-Life Insurance Companies Collect Rs 512.9 Million in Premiums

Kathmandu – The three micro-life insurance companies operating in Nepal have collectively earned Rs 512.9 million in insurance premiums during the first six months of the current fiscal year, according to data released by the Nepal Insurance Authority. Guardian...