Life Insurance Companies Earn Rs 108.71 Billion in Premiums in Eight Months

Kathmandu – Life insurance companies in Nepal have collectively earned insurance premiums worth Rs 108.71 billion during the current fiscal year up to Falgun (mid-March), according to the latest data released by the Nepal Insurance Authority. The report highlights that...


Micro Life Insurance in Nepal Earn Nearly Rs 725 Million in Eight Months

Kathmandu – Micro life insurance companies operating in Nepal have earned approximately Rs 725 million in insurance premiums during the first eight months of the current fiscal year 2081/82. According to the latest data from the Insurance Authority, the...


Bagmati Province Tops Non-Life Insurance Market, Motor Insurance Leads the Sector

Kathmandu – Non-life insurance companies operating in Nepal have earned a total insurance premium of Rs 28.6 billion during the first eight months of the current fiscal year. This includes from 14 non-life insurance companies and four non-life microinsurance...


Life Insurance Association Urges Finance Minister to Revise Tax Policies

Kathmandu — Officials from the Life Insurance Association Nepal (JEBISAN) met with Deputy Prime Minister and Finance Minister Bishnu Poudel today to present key demands related to the insurance sector. The association highlighted four major issues, including tax exemption...


Pakistan Embassy in Kathmandu Celebrates 85th National Day with Flag Hoisting Ceremony

Kathmandu – The Embassy of Pakistan in Kathmandu celebrated the 85th National Day of Pakistan with a flag hoisting ceremony held at the embassy premises on Sunday (March 23). Ambassador H.E. Abrar H Hashmi hoisted the national flag, followed...


Guardian Micro Life Holds Second AGM, Approves Merger Proposal

Kathmandu — Guardian Micro Life Insurance Limited successfully concluded its second annual general meeting (AGM) today at Hotel Airport in Biratnagar. The meeting approved a special resolution authorizing the board of directors to initiate necessary procedures for merging with...


Sun Nepal Life Offers Up to 75% Discount on Renewal of Expired Policies

Kathmandu — Sun Nepal Life Insurance has announced a discount of up to 75% on the renewal of expired insurance policies. The discount will be available from Chaitra 11 to Chaitra 28 (March 24 to April 10), according to...


Public Accounts Committee Forms Subcommittee to Investigate Complaints on Insurance, Banking, and Capital Market Sectors

Kathmandu – The Public Accounts Committee (PAC) of the House of Representatives has formed a subcommittee to investigate a range of complaints received by the committee, focusing on issues across various sectors. The decision, made during a recent PAC...


Non-Life Microinsurance Companies Earn Over Rs 579.6 Million in Eight Months

Kathmandu – Four non-life microinsurance companies in Nepal have earned a total insurance premium of more than Rs 579.6 million in the first eight months of the current fiscal year 2081/082. According to the data released by the Nepal...