MetLife Nepal Wins ‘Social Media Initiative of the Year’ at Insurance Asia Awards 2025

Kathmandu – MetLife Nepal has been honored with the prestigious Social Media Initiative of the Year – Nepal title at the Insurance Asia Awards 2025, held in Singapore last week. The recognition highlights the success of MetLife Nepal’s innovative...


Infomatics Reaffirms ‘A-’ Issuer Rating for Nepal Insurance Company

Kathmandu — Infomatics Credit Rating Nepal Limited has reaffirmed the ‘IRN A- (IS)’ [Single A minus (Issuer)] rating for Nepal Insurance Company Limited, maintaining the credit standing initially issued in July 2025. This rating reflects an adequate level of...


Flood at Kerung Border Causes Major Losses; Insurance Authority Yet to Release Damage Assessment

Kathmandu – The devastating flood that struck the Kerung border checkpoint on the Chinese side on Ashar 24 (July 8) has resulted in significant loss of life and property. However, even after more than a week since the incident,...


Nepal Life Insurance Sets Industry Record with Rs 10 Billion in First-Year Premium Income

Kathmandu – Nepal Life Insurance, a leading name in Nepal’s life insurance industry, has set a historic benchmark by becoming the first life insurer in the country to earn over Rs 10 billion in first-year premium income within a...


Sun Nepal Life Announces Nationwide Vacancies for Branch/Sub-Branch Managers

Kathmandu — Sun Nepal Life Insurance, a leading life insurer in the country, has opened vacancies for the position of Branch/Sub-Branch Manager across all seven provinces. Candidates with a bachelor’s degree with experience in life insurance sales, banking, cooperatives,...


Nepal Insurance Company Issues Rights Shares Without Regulatory Approval

Kathmandu – Nepal Insurance Company has issued rights shares without obtaining prior approval from the Insurance Authority, the regulatory body overseeing insurance companies in Nepal. On Ashar 20 (July 4), the company published a notice announcing the issuance of...


Chairman Pokharel Calls for Professional Reform in Nepal’s Insurance Sector

Kathmandu — Newly appointed Chairman of the Nepal Insurance Authority, Sebantak Pokharel, has directed the Authority’s staff to ensure that the insurance sector is regulated with professionalism, transparency, and institutional integrity. Speaking during his oath-taking ceremony in Kathmandu, Pokharel...


Sebantak Pokharel Takes Oath as Chairman of Nepal Insurance Authority

Kathmandu – Joint Secretary of the Ministry of Finance, Sebantak Pokharel, has officially assumed the role of Chairman of the Nepal Insurance Authority. Pokharel took the oath of office today before Deputy Prime Minister and Minister for Finance, Bishnu...


IGI Prudential Insurance Partners with Frontline Hospital for Cashless Medical Services

Kathmandu — IGI Prudential Insurance Limited has entered into a service agreement with Nobel College of Health and Education Foundation Pvt. Ltd. (operating Frontline Hospital, Old Baneshwor) to provide cashless hospitalization services to its medical insurance policyholders. The agreement...


Rastriya Beema Company Launches Group Accident Insurance in Balan-Bihul Rural Municipality

Kathmandu — Rastriya Beema Company Limited, Lahan Branch, has launched a group accident insurance program for employees and public representatives of Balan-Bihul Rural Municipality in Madhesh Province—marking the first such initiative in the area. The rural municipality has insured...