LIC Nepal’s Prabha Gyawali Selected as Chairman’s Club Member of the Current Fiscal Year

Kathmandu – Insurance entrepreneur Prabha Gyawali has once again secured her place in the Chairman’s Club of Life Insurance Corporation (LIC) Nepal, continuing her remarkable streak of success for the 22nd consecutive year. Operating through LIC Nepal’s Parasi branch,...


Ashmank Karki Appointed Director of Shikhar Insurance

Kathmandu – Shikhar Insurance Limited has appointed Ashmank Karki as a director of the company. The decision was made by the board of directors to fill a vacant position, and Karki will serve in the role until the next...


Peace Along Border is Like “Insurance Policy” for Ties’: India to China

Prime Minister Narendra Modi emphasized to Chinese President Xi Jinping that maintaining peace and tranquility along the India-China border is akin to an insurance policy for the bilateral relationship, according to Foreign Secretary Vikram Misri. The discussions took place...


Life Insurance Companies Earn Rs 3.27 Billion in New Business in the First Month of FY 2082/83

Kathmandu – Life insurance companies in Nepal have collectively generated Rs 3.27 billion in new business during the first month of the current fiscal year, according to data published by the Nepal Insurance Authority. A total of 14 life...


Loan Disbursement in Commercial Banks in Nepal Reached Rs 485.5 Billion in FY 2081/82

Kathmandu – Despite economic slowdown and multiple challenges, commercial banks in Nepal have accelerated credit expansion. According to the latest figures, the 20 commercial banks currently in operation disbursed loans worth Rs 485.5 billion in fiscal year 2081/82, marking...


Liberty Micro Life Insurance Successfully Concludes Annual Convention 2082 in Chitwan

Kathmandu – Liberty Micro Life Insurance Limited has successfully concluded its annual convention, the ‘Liberty Annual Convention 2082’, held from Bhadra 13 to 15 (August 29 to 31) in Sauraha, Chitwan. The three-day event brought together the company’s directors,...


Trust Micro Insurance and Cell Pay Sign MoU to Expand Digital Insurance Services

Kathmandu – Trust Micro Insurance Limited and Cell Pay Pvt. Ltd. have signed a Memorandum of Understanding (MoU) to deliver insurance services through digital technology, making access to insurance simpler and more customer-friendly. The MoU was signed by Biswajan...


Asian Life Insurance to Auction 358,512 Units of Unallocated Right Shares

Kathmandu – Asian Life Insurance Limited has announced that it will auction 358,512 units of unallocated right shares from Bhadra 22 to Bhadra 29 (September 7 to 14). Earlier, the company had issued right shares in the ratio of...


Reliable Nepal Life Insurance Kathmandu Regional Office Hosts Agency Awards and Honors Program

Kathmandu – Reliable Nepal Life Insurance Limited, Kathmandu Regional Office, has successfully organized the Agency Awards, Inspiring and Honors Program, jointly participated in by its Jorpati, Chabahil, Koteshwor, Kapan, Sankhu, and Jawalakhel branches. The event was presided over by...


Reliable Nepal Life Insurance Marks Eighth Anniversary with Morning Procession in Kathmandu

Kathmandu – Reliable Nepal Life Insurance Company Limited has marked its eighth anniversary with a series of celebratory programs, including a morning procession held in Kathmandu today. The event witnessed the participation of the company’s Chairman Udaya Nepali Shrestha,...