Citizen Life’s decision to distribute dividends, Five Billion Rupees paid-up capital

Kathmandu : Citizen Life Insurance Company, which completed its IPO release just a few years ago, has decided to give bonus shares as dividends and cash for tax purposes from the profits earned for five years. The company, which...


Sanima Reliance Life got ‘Round of the Table’ and 27 MDRTs

 Kathmandu : Sanima Reliance Life Insurance Company has got one ‘Round of the Table’ and 27 MDRTs. Namita Neupane from Sanima Reliance has managed to be the only  ‘TOT (Top of the Table)’ for the year 2024 A.D on...


After inventing water engine by Toyota, CEO says EV will destroy

The landscape of the automotive industry is poised for a historic transformation with Toyota’s introduction of a water-powered engine, a technology that could revolutionize our approach to eco-friendly transportation and potentially eclipse the current Electric Vehicle (EV) market. Inovation...


Namita Neupane becomes Sanima Reliance’s first TOT winner, committed to empowering women across the country

Kathmandu : Namita Neupane, a social worker from Biratnagar, who made life insurance business an integral part of her life. She has succeeded in becoming the second TOT winner by establishing herself as a strong and established insurance professional...


Japan Airlines got collided with 5 people dead whereas  all 367 passengers and 12 cabin crew were safely evacuated

International : Fire broke out in Tokyo’s Haneda airport after a Japan Airlines A350 aeroplane collides with an earthquake relief plane MA-722, a Bombardier Dash-8. The collision was taken place on Tuesday, 2nd of January, 2023 at 17: 47...


India dials Saudi as Russian oil purchases hit 11-month low in December 

In December, India increased its imports of Saudi oil while facing payment issues, leading to a decline in its purchases of Russian oil to an 11-month low. Data from vessel tracking agencies revealed that at least five cargoes of...


India’s record car sales in 2023

COVID-19, depressed the passenger vehicle market across the world. India emerged as the fastest-growing market for a key reason. Semiconductor chips, important components for cars, went scarce due to the pandemic disrupting supply chains. And when the pandemic effect...


Damodar Bhandari appointed as the CEO of Nepal Punarbeema (Re-insurance)

Kathmandu : Damodar Bhandari has been appointed as the Chief Executive Officer (CEO) of Nepal Reinsurance Company. According to the decision of the Board of Directors meeting held on 28th of December, 2023 A.D of the company, Bhandari has...


Special session of Professional Insurance Agent Association Nepal Life starts from 6th January

Kathmandu : The special session of Professional Insurance Agent Association Insurance Committee of Nepal Life Insurance Company will start from 6th of January. The special session of the association will be held on January 6 and 7. The convention...


SuryaJyoti Life will give 35% discount on renewal of Expired Policies

Kathmandu : Suryajyoti Life Insurance Company is going to provide 35 percent discount on renewal of expired insurance policies issued through them. The company issued a notification and said that it will give the discount on the interest charged...