Kathmandu – Health and Population Minister Pradip Paudel has suggested collecting a contribution from mobile recharge payments to make Nepal’s health insurance fund more stable and sustainable. During an inspection visit to Bhagiratha Buddhashanti Hospital in Jhapa on Sunday...

Kathmandu – The Special Court has acquitted Surya Prasad Silwal, the former chairman of the Nepal Insurance Authority (NIA), in a corruption case related to allegations of submitting false information regarding his age. The court’s decision came during a...

Kathmandu – Life insurance policy surrenders in Nepal have crossed eight billion rupees by the end of the Magh month (mid-February), reflecting a significant trend of policyholders opting out before the completion of their coverage period. According to data...

Kathmandu – The solvency ratio of life insurance companies in Nepal has reached 2.53 in the second-quarter of current fiscal year. According to the financial statements published by life insurance companies, there has been a slight increase on solvency...

Kathmandu – Sun Nepal Life Insurance has successfully completed its Agency Skill Enhancement Program with grandeur. The program, aimed at enhancing the efficiency and expertise of its agencies, took place at Vision Safari Sauraha, Chitwan, from February 28 to...

Kathmandu – Himalayan Everest Insurance has announced its Annual General Meeting (AGM) to be held on March 11, 2025 to approve its dividend proposal and discuss key financial matters. The meeting will take place at Baneshwar Anmol Banquet, Shankhamul,...

Reuters Global reinsurance giant Swiss Re has projected approximately $700 million in preliminary claims related to the devastating wildfires in Los Angeles. The firm also estimated that total insured market losses from the disaster could reach $40 billion. Despite...

Kathmandu – A significant portion of Nepalese population remains outside the insurance network, with 56.06% of people not accessing any insurance services, according to the recent data from the Nepal Insurance Authority (NIA). As of end of the Magh...

Kathmandu – Citizen Life Insurance Company Limited has scheduled its 8th Annual General Meeting (AGM) for March 28, 2025. The company’s board of directors, in a meeting held on February 28, decided to hold the AGM at Amrapali Banquet,...

Kathmandu – Himalayan Life Insurance has successfully completed its Branch Manager Conference. The event took place at Yellow Pagoda Hotel, Kathmandu, with the participation of branch managers from across the country. During the program, the company’s Chief Executive Officer...