Kathmandu — The government is set to bear a financial burden of more than Rs 36 billion due to the lack of insurance coverage for public physical infrastructure damaged during the Gen-Z movement, according to an official assessment. As...
Kathmandu – A total of 667 agents from 14 life insurance companies operating in Nepal have successfully achieved the Million Dollar Round Table (MDRT) target for 2026, reflecting the growing professionalism of Nepal’s life insurance sector. According to data...
Kathmandu – Sonu Baral, an agency manager at the Bhaisepati branch of Himalayan Life Insurance Limited, has been awarded the company’s first ‘One Day Emerging Star’ Award of 2026, setting a new performance benchmark. Baral achieved the milestone by...
Kathmandu – Six agents of Sun Nepal Life Insurance Company Limited have successfully qualified for the prestigious Million Dollar Round Table (MDRT) for 2026, marking a significant professional milestone in Nepal’s life insurance sector. According to the company, the...
Kathmandu – Guardian Micro Life Insurance Limited has successfully held its third Annual General Meeting (AGM) on Poush 14, 2082 BS. The meeting took place at Hotel Airport, Biratnagar, Morang, under the chairmanship of Company Chairman Udip Shrestha. During...
Kathmandu – The Nepal Insurance Authority has directed all insurance-related institutions to conduct all types of payments exclusively through electronic banking systems starting from Magh 1. In a directive issued on Monday, the Authority instructed life insurance companies, non-life...
Kathmandu – There is intense competition in investment expansion between the two reinsurance companies operating in Nepal—government-owned Nepal Reinsurance Company and private sector–run Himalayan Reinsurance Company. Both companies are actively expanding their investments across various sectors, including fixed deposits...
Kathmandu – The Chairman of Neco Insurance Company, Ramesh Kumar Niraula, has asked Chief Executive Officer Ashok Kumar Khadka to resign from his position following concerns raised by the insurance regulator over Khadka’s recent political activities. The issue arose...
Kathmandu – Nabil Bank has announced that it will no longer provide critical illness treatment and term life insurance facilities to its customers. According to the bank, the services—currently offered to individual saver customers—will be discontinued. The bank has...
The Kailash Knowledge System is a key part of the ecological and cultural fabric of the people living in Nepal’s Kailash Sacred Landscape. This age-old knowledge system has emerged from the region’s rich biodiversity and includes green agricultural methods,...