Kathmandu – The Morang Merchant’s Association has called on Finance Minister Bishnu Prasad Paudel to address the high premium rates in Nepal’s non-life insurance sector and introduce measures to revitalize the nation’s economy. In a memorandum submitted to the...

Kathmandu – National Life Insurance Company Limited concluded its second day of grand ‘Chairpersons’ Club Member Honor Ceremony and Training Program’ yesterday at the Soaltee Hotel in Kathmandu, celebrating the exceptional achievements of its agents nationwide. The event brought...

Kathmandu – The government has proposed significant increases in license fees for insurance agents, surveyors, brokers, and third-party facilitators under the draft Insurance Regulations 2081. The proposed changes aim to modernize the insurance sector and align it with current...

Kathmandu – Guardian Micro Life Insurance’s Initial Public Offering (IPO) for Nepalese working abroad has received applications worth NPR 258.3 million, reflecting a strong response from investors. According to CDS, a total of 47,659 applicants submitted requests for 2,583,440...

New Delhi – Prime Minister Narendra Modi of India has recently launched the “LIC Bima Sakhi Yojana” in Panipat, Haryana, an initiative aimed at empowering women and expanding insurance penetration across rural India. The scheme, introduced by the Life...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has transferred its recently announced bonus shares to the demat accounts of eligible shareholders. The company’s annual general meeting, held on October 9, 2024 had approved a 10 percent bonus share distribution....

Kathmandu – The Rastriya Jeewan Beema Company Limited, a government-owned entity, has launched a new foreign employment insurance scheme aimed at safeguarding Nepali workers heading abroad for employment. The initiative enables workers to secure insurance coverage using their passport...

Kathmandu – National Life Insurance Company Limited kicked off its prestigious “Chairpersons’ Club Member” program yesterday at the Soaltee Hotel, Kathmandu, with grandeur and enthusiasm. The three-day event will celebrate the exceptional achievements of agents from across the country,...

Kathmandu – Amid the ongoing economic slowdown, investment by banks in the construction sector has seen sluggish growth. A halt in development and infrastructure projects across the country has significantly limited the flow of credit to the sector, creating...

Kathmandu – Karmalal Lama Yonjan has been unanimously elected as the president of the Independent Employees Union of Nepal Life Insurance Company Limited. The election took place during the union’s seventh general convention, held in Bhaktapur on Sunday. The...