A Long-life Mission: Bikash Pathak’s Journey of Trust and Transformation in Life Insurance Sector

Kathmandu – For over two decades, Bikash Pathak has been a dedicated figure in Nepal’s life insurance landscape, emerging as a trusted protector for thousands across eastern Nepal. Balancing his responsibilities as a grocery store owner and a devoted...


Illegal Health Insurance Claims by Foreigners Surge Nearly 30% in South Korea

Seoul (The Korea Times) – Illegal health insurance claims filed by foreigners and overseas Koreans in South Korea saw a sharp rebound in 2024, reversing a years-long downward trend. According to data released by the National Health Insurance Service...


US Auto Insurance Faces Deceleration and Inflation: Swiss Re

The United States auto insurance market remains under pressure as inflation, litigation, and rising repair costs continue to impact both personal and commercial segments, according to a recent analysis by Nelson (Senior Underwriter, CPO P&C Reinsurance at Swiss Re)....


Star Micro Insurance Reports Sharp Decline in Net Profit Despite Surge in Premium Income

Kathmandu – Star Micro Insurance Company Limited has reported a significant rise in net insurance premium income but suffered a sharp decline in profitability in the third quarter of the current fiscal year. According to the company’s unaudited financial...


Insurance Authority Organizes Stakeholder Interaction in Birgunj, Stresses Credibility and Compliance

Kathmandu – The Nepal Insurance Authority’s Madhesh Province Office held a discussion and interaction program in Birgunj on Monday, bringing together provincial heads of both life and non-life insurance companies to deliberate on pressing issues in the insurance sector....


Asian Life Insurance Honors MDRT-Qualified Agents for 2025

Kathmandu – Asian Life Insurance has honored its agents who qualified for the prestigious Million Dollar Round Table (MDRT) 2025 at a special ceremony held on Monday. The recognition was awarded to agents who successfully met the MDRT business...


Non-Life Insurance Companies Collect Rs 4.10 Billion in Premiums, Business Grows by 7%

Kathmandu – According to the data released by the Nepal Insurance Authority, Non-life insurance companies in Nepal have collectively earned Rs 4.10 billion in insurance premiums in the month of Chaitra alone, reflecting a 7.01 percent increase compared to...


Foreign Employment Insurance Premiums Reach Rs 2.58 Billion in Nine Months, Sun Nepal Life tops the List

Kathmandu – As foreign employment insurance made mandatory for outbound workers, life insurance companies in Nepal have seen a significant rise in premium collection, amounting to Rs 2.58 billion in just nine months of the current fiscal year. This...


Life Insurance Premiums Surge by 51.24 Percent in Nine Months

Kathmandu – Life insurance companies in Nepal have witnessed a significant rise in premium collection by the end of Chaitra month of the current fiscal year, earning a total of Rs 17.46 billion. This marks a 51.24 percent increase...


Nepal Life Steps into 25th Year with Renewed Vision: CEO Parajuli Reflects on Milestones and the Road Ahead

Kathmandu – Marking 24 successful years in Nepal’s insurance sector, Nepal Life Insurance Company has entered its 25th year with nationwide celebrations, including a blood donation program. On the occasion, the company expressed heartfelt gratitude to its shareholders, policyholders,...