Rastriya Beema jeevan Beema Company Announces Bonus on All Insurance Policies

Kathmandu, The government-owned Rastriya jeevan beema Company has announced the bonus rate for the financial year 2080/81. The company has set a bonus rate of Rs. 60 per thousand per year for all life insurance policies issued by the...


Sanima Reliance Life Insurance Hosts Grand Club Achievers Event 2081 in Kathmandu

Kathmandu, Sanima Reliance Life Insurance successfully held its much-anticipated Club Achievers Event 2081 at The Soaltee Hotel Kathmandu, celebrating the outstanding achievements of agents who excelled in the company’s prestigious club schemes. The event brought together successful agents from...


Nepal’s Insurance Industry in Turmoil amidst Regulatory Corruption and Disputes

  Kathmandu, Nepal’s insurance industry is currently grappling with significant turmoil as the Insurance Regulatory Authority faces accusations of unethical practices and corruption. Allegations have surfaced that the regulatory body has been attempting to secure a share of commissions...


NIA Implemented new rule that can cancel insurance agent’s license

Kathmandu; Nepal Insurance Authority (NIA) has implemented a new directive that can be cancel the license of insurance agents. revising the standards for the institutional governance of insurer. A new provision has been inserted to revoke the insurance agent’s...


Indian Government able to earn about 92 billion IRs

India govt open to selled stake in GIC Re, LIC in FY24/25, says source The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India in financial year...


Extending the Term Period of the Chairman of the Nepal Insurance Association Without Holding the General Meeting

Kathmandu ; There is a record that most of the insurance company cannot conduct there Annual General Meeting in time due to late submission of actuary valuation testing. However, a national organization like Nepal Insurance Association, which is not...


Insurance Authority’s suggestions in upcoming Budget regarding discount on Insurance Premiums

Kathmandu; The Insurance Authority has submitted a proposal that the budget for the next financial year should be brought in such a way that it will help to expand the reach of the insurance sector. Chairman of Insurance Authority...


Himalayan Everest Insurance paid the Claim amount of the Third Party Insurance

Kathmandu; Insurance company has been providing the insurance claim amount during any accident or incident occurred during the ride of the vehicle or damage occurred to vehicle. Himalayan Everest Insurance has paid the insurance claim of the third party...


Prabhu Mahalaxmi Life’s agent leadership and capacity building program completed

Kathmandu; Prabhu Mahalaxmi Life Insurance has been conducting agent leadership development and capacity building programs at various places. At the same process, the company has completed an agent leadership development and capacity building program in Lamki of Kailali district...


Insurance agent Bhandari succeeded to become MDRT of LIC Nepal’s in the shortest period of time

Kathmandu ; Insurance agent Dharmaraj Bhandari, succeeded to become MDRT of Life Insurance Corporation -(Nepal) for the year of 2025. Agent Bhandari, who is attached to the company’s Baneshwar branch office, has succeeded in becoming MDRTB for the year...