Kathmandu – The life insurance industry in Nepal reported solid growth in the last fiscal year, with all 14 life insurers reporting higher earnings. According to the fourth-quarter financial statements for FY 2081/82, the sector’s total net insurance premiums...

Kathmandu – IME Life Insurance Company Limited celebrated its 8th anniversary with a Prabhat Pheri (morning procession) program in Butwal on Sunday. The event, held as part of the company’s week-long anniversary celebrations, saw enthusiastic participation from employees, agents,...

The Indian government is considering significant reductions in the Goods and Services Tax (GST) on small cars and insurance premiums, a move aimed at boosting consumer spending and providing relief to households. According to government proposals, the GST on...

Kathmandu – Today marks the final day for Nepal Insurance Company Limited’s right share application period, giving shareholders their final chance to participate in the capital expansion. The company had received approval from the Nepal Securities Board to issue...

Kathmandu – The overall financial condition of Nepal’s non-life insurance sector weakened in the last fiscal year, with profits falling sharply due to a surge in flood-related claims. According to the financial statements of 13 listed non-life insurers, aggregate...

Kathmandu – The average solvency ratio of life insurance companies in Nepal stood at 2.14 in the last fiscal year, reflecting a slight decline from 2.17 recorded in the previous year, according to recently published financial statements. Among the...

Kathmandu – The Health Insurance Board has expanded its service network by signing agreements with 22 local levels and 26 hospitals across the country, strengthening access to healthcare under the national insurance scheme. In line with Sub-section 6 of...

Kathmandu – The government is preparing to dismiss Sharad Ojha, chairman of the Nepal Insurance Authority, after an investigation concluded that the documents he submitted at the time of his appointment were fake. A committee formed by the Council...

Kathmandu – On the occasion of its eighth anniversary, IME Life Insurance Company Limited organized a large-scale blood donation program in Kathmandu with the technical support of the Nepal Red Cross Society. The event, held at Lainchaur, was conducted...

Kathmandu – IME Life Insurance Company Limited celebrated its eighth anniversary with a series of Prabhat Pheri (Walkathon)  programs held across all seven provinces of Nepal, including a central event in Kathmandu. The morning rallies were organized in collaboration...