Kathmandu – Despite over five decades of insurance practices in Nepal, the country continues to rely heavily on foreign expertise for actuarial valuations, raising concerns over financial sovereignty, data privacy, and regulatory efficiency. Almost 98 percent of actuarial valuations...

Kathmandu – In a move toward greater digital efficiency, Suryajyoti Life Insurance Limited has signed an agreement with Nepal Clearing House Limited (NCHL) to integrate its payment processes with NCHL’s advanced digital infrastructure. With this collaboration, Suryajyoti Life will...

Kathmandu — Liberty Micro Life Insurance Limited has launched a new insurance product, the ‘Guaranteed Growth Plan’, targeting Nepal’s low and middle-income groups. Designed to support long-term financial planning and savings habits, the policy aims to meet the growing...

Kathmandu – The Government of Nepal is preparing to establish a massive Alternative Development Finance Fund worth Rs. 100 billion, with significant investment participation from insurance companies and other major institutional investors. According to a bill proposed by the...

Kathmandu – Nepal Life Insurance Company has successfully concluded its one-day Sales Transformation Session in Kathmandu. The session focused on reviewing the company’s third-quarter performance and formulating strategies for the remaining months of the fiscal year 2081/82. Chaired by...

Kathmandu – A high-level discussion on health insurance policies and systems was held on Monday between the Nepal Insurance Authority (NIA) and the Sichuan Health Security Administration in Chengdu, Sichuan Province, China. The bilateral meeting focused on health insurance sustainability, service accessibility, and...

Kathmandu – In a landmark move to bolster data privacy and cybersecurity frameworks in the Asian region, Singapore-based Data Protection Experts Asia Sdn Bhd (DPEX Asia) and Nepal’s leading cybersecurity firm, One Cover Pvt. Ltd., have signed a Memorandum...

Kathmandu – The Nepal Insurance Authority (NIA) has directed Guardian Micro Life Insurance to postpone its planned special general meeting (SGM) and suspend the issuance of right shares, following regulatory concerns. The move comes in response to the company’s...

Kathmandu – MetLife Nepal has introduced a new insurance plan, ‘Double Protection Plus (DPP)’, marking a first-of-its-kind offering in the country that integrates high insurance protection with long-term savings benefits. The insurance plan which was launched at a special...

Kathmandu — Star Micro Insurance Company Limited has announced that it will hold its second Annual General Meeting (AGM) on Baisakh 29 (May 12) at its registered office in Janakpur. The meeting is scheduled to begin at 1 PM....