Sagarmatha Lumbini Insurance Achieves Record Rs 5 Billion in Premium Collection

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has marked a historic milestone by earning over Rs 5 billion in insurance premiums in the fiscal year 2081/82, positioning itself among the top-performing companies in Nepal’s insurance sector. According to...


Mobile Technology Drives Record Surge in Savings Across Developing Economies, says World Bank

Washington – A record number of adults in low- and middle-income countries are now saving through formal financial systems, marking a pivotal moment for financial inclusion globally. The Global Findex 2025 report, published by the World Bank Group, attributes...


Citizen Life to Conduct Nationwide Training for Aspiring Insurance Agents

Kathmandu – Citizen Life Insurance Company Limited is set to conduct a three-day basic training program for individuals interested in pursuing a career as life insurance agents. According to the company, the training sessions will be organized at various...


Insurance Should Be Viewed as Risk Protection, Savings, and Investment: CEO Pravin Raman Parajuli

Kathmandu – Pravin Raman Parajuli, the Chief Executive Officer of Nepal Life Insurance and Vice President of the Life Insurance Association of Nepal (JEBISAN), has emphasized the need for customer-focused insurance policies, improved access for low-income groups, and consistent...


China’s Health Insurance System Under Strain as Millions Opt Out

Shanghai – China’s voluntary health insurance programme for urban and rural residents is witnessing a steep decline in enrolment, raising concerns over the long-term sustainability of the country’s public healthcare system. Official data released by the National Healthcare Security...


Global Insured Catastrophe Losses Hit $100 Billion in First Half of 2025: Aon Report

Global insured losses from natural catastrophes soared to an estimated $100 billion in the first half of 2025, marking the second-highest first-half total ever recorded, according to Aon’s Catastrophe Insight team. The sharp rise in losses was mainly driven...


Last Day to Secure Dividend from Prabhu Insurance

Kathmandu – Today marks the final opportunity for investors to secure the proposed dividend from Prabhu Insurance Limited, as the company prepares to close its books on Thursday for dividend distribution. According to the company, only those shareholders who...


Bids for Unsold Sun Nepal Life Right Shares to Be Opened Friday

Kathmandu – Sun Nepal Life Insurance Limited is set to open bids for 224,728 unsold right shares that were recently offered through an auction. According to the issue manager, Nepal SBI Merchant Banking Limited, the bids will be opened...


Prabhu Mahalaxmi Life Insurance Contributes Rs. 500,000 to Better Nepal Sanstha for Education Support

Kathmandu – In a significant gesture of corporate social responsibility, Prabhu Mahalaxmi Life Insurance Limited has provided financial assistance of Rs. 500,000 to Better Nepal Sanstha to support its educational initiative for underprivileged children. The amount was handed over...


Mayor Hark Sampang Opposes Removal of BP Koirala Institute from Insurance Network

Kathmandu – The decision by the Health Insurance Board to remove the BP Koirala Institute of Health Sciences (BPKIHS) in Dharan from its list of first-point service hospitals has drawn sharp criticism, with Dharan Sub-metropolitan City Mayor Hark Sampang...