Himalayan Jeevan Uphaar Beema Plan: A Trusted Insurance Plan for Financial Security

Kathmandu – Himalayan Life Insurance’s ‘Himalayan Jeevan Uphaar Beema Yojana’ insurance plan has become one of the most popular and trusted insurance plans in Nepal. Known for its high protection at affordable premiums, this term life insurance plan has...


Nepal Insurance Company Auctions Promoter Shares

Kathmandu – Nepal Insurance Company Limited has announced the auction of 21,133 units of promoter group shares. The auction is open exclusively to the company’s existing promoter shareholders. The minimum price per share has been set at NPR 180,...


Citizen Life Insurance Concludes Nationwide Anti-Money Laundering Training

Kathmandu – Citizen Life Insurance Company has successfully completed a series of training programs on money laundering prevention and combating financial support for terrorist activities. The final session was held in Bardibas on Saturday, with participation from agents in...


Guardian Micro Life Insurance IPO Receives Overwhelming Response on Opening Day

Kathmandu – Guardian Micro Life Insurance Limited has opened its Initial Public Offering (IPO) for sale to the general public from January 5, 2025, receiving an overwhelming response from investors. According to CDS and Clearing Limited, 448,569 applicants have...


Nepal Insurance Authority Holds Critical Discussions with Insurance CEOs

Kathmandu – The Nepal Insurance Authority convened a high-level meeting on Sunday, bringing together chief executive officers (CEOs) of both life and non-life insurance companies operating in the country. The discussions, led by the authority’s chairman Madan Dahal, focused...


IME Life Offers 50% Discount on Policy Renewal Fees

Kathmandu – IME Life Insurance has announced a 50% discount on interest and penalties for customers renewing their insurance policies from December 22, 2024 to January 13, 2025. The offer is applicable to policyholders who have incurred additional charges...


Flood and Landslide Insurance Claims Reach Rs 12.86 Billion

Kathmandu – Insurance companies in Nepal have reported claims amounting to Rs 12.86 billion due to damages caused by floods and landslides following incessant rains in the month of September last year. According to the Nepal Insurance Authority, a...


Sanima Reliance Life Celebrates Namita Neupane’s TOT Achievement

Kathmandu – Namita Neupane, a social worker and politician from Biratnagar, has achieved international recognition by securing the prestigious “Top of the Table” (TOT) designation in the life insurance business. Representing Sanima Reliance Life Insurance Company, Neupane is the...


Life Insurance Policy Surrenders Surge in Nepal Amid Financial Challenges

Kathmandu – The rising trend of life insurance policy surrenders in Nepal has become a growing concern for the insurance sector. According to data from the Nepal Insurance Authority, a total of 45,060 life insurance policies worth Rs 6.1...


Oriental Insurance Invests Rs 3.33 Billion Across Various Sectors

Kathmandu – Oriental Insurance Company Limited has invested a total of Rs 3.33 billion in various sectors by the end of the first quarter of the current fiscal year, according to data released by the Nepal Insurance Authority. The...