National Life Insurance Hosts MDRT Honors and Training Program in Chitwan

Kathmandu – National Life Insurance Company Limited successfully concluded the MDRT Honors and Training Program at Hotel Soltee Westend in Chitwan. The event, presided over by the company’s Chief Executive Officer, Suresh Prasad Khatri, celebrated 100 agents selected for...


Ganesh Adhikari Calls for Unity Between Insurance Authority and Companies to Protect Agents’ Future

Kathmandu – Ganesh Adhikari, a prominent figure in Nepal’s Insurance Sector and Central President of the Professional Insurance Agents Association has been actively advocating for the rights of insurance agents and the protection of policyholders. In an exclusive conversation...


Five Candidates Shortlisted for Chairmanship of Nepal Insurance Authority

Kathmandu – The government-formed selection committee has announced a shortlist of five candidates for the position of chairman of the Nepal Insurance Authority. The shortlisted candidates include Kamal Prasad Regmi, current director of the Insurance Authority; Chiranjivi Chapagai, former...


Trust Micro Insurance to Issue 2.25 Million IPO Shares Worth Rs 225 Million

Kathmandu – Trust Micro Insurance Limited is set to issue 2.25 million IPO shares worth Rs 225 million, representing 30 percent of its total capital. The IPO will be offered to the general public at a price of Rs...


Life Insurance Companies Distribute Rs 6.5 Billion in Agent Commissions

Kathmandu – Life insurance companies in Nepal have distributed approximately Rs 6.27 billion as commissions to their agents in the current financial year, marking a 7.13 percent increase from the previous year’s figure of Rs 5.85 billion, according to...


Deposits and Loans Surge in Commercial Banks During First Seven Months of FY 2081/82

Kathmandu – The first seven months of the current fiscal year 2081/82 have witnessed significant growth in both deposits and loan disbursements by commercial banks in Nepal. According to data published by the Nepal Bankers Association, deposit collections increased...


Government to Implement Classification of Insurance Surveyors

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...


Government Introduces Regular Monitoring System for Insurance Authority Employees

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...


Ashish Dhakal Appointed Director of Himalayan Life Insurance

Kathmandu – Ashish Dhakal has been appointed as the director of Himalayan Life Insurance Limited. According to the company, Dhakal has been appointed to the vacant directorship position representing the general public group.   Company Secretary Ishwar Kumar Sedai...


Himalayan Everest Insurance to Hold 31st AGM on March 11

Kathmandu – Himalayan Everest Insurance Limited has announced that its 31st Annual General Meeting (AGM) will be held on Tuesday, March 11, 2025. The board of directors, in a meeting held on February 14, decided to conduct the AGM...