Kathmandu – The demand for personal housing loans has seen a sharp rise as interest rates continue to decline, rejuvenating the real estate sector. Banks and financial institutions have been offering loans of up to Rs 20 million for...

Busan – The fifth round of negotiations to create a legally binding global treaty on plastic pollution concluded in Busan, South Korea, without finalizing an agreement. Despite initial expectations to deliver the treaty by the end of 2024, nations...

Kathmandu – On Monday, the NEPSE index rose by 19.97 points, reaching 2,758.04 by the close of trading. The stock market’s performance marked a positive trend, with noticeable gains in the insurance sector. Both the Life Insurance Index and...

Kathmandu – Life insurance companies operating in Nepal have collectively earned Rs 53.69 billion across all seven provinces as of Kartik month this fiscal year. This revenue stems from various insurance categories, including term insurance, advance payment term insurance,...

  Kathmandu – Life Insurance Corporation Limited has successfully concluded its ‘Chairman Club Conference, 2024’ on Sunday at the Soaltee Hotel in Kathmandu. The event celebrated and honored agents who achieved exceptional business performance in the last fiscal year....

Kathmandu – The scope of term life insurance, mandated by the government, has expanded significantly, driven by the rising number of Nepalese seeking employment abroad due to limited opportunities at home. By the end of Kartik (Mid-November) of the...

Kathmandu – Life insurance companies in Nepal have recorded significant growth in renewal insurance premiums, earning Rs. 9.76 billion in the month of Kartik (Mid-October to Mid- November), marking a 45.10% increase compared to the same period last fiscal...

Kathmandu – Nepal’s life insurance sector has achieved remarkable growth, reporting a business turnover of Rs. 12.31 billion in just one month. According to data from the Nepal Insurance Authority, this marks a 42.60% increase compared to the same...

Kathmandu – Nepal’s life insurance industry has witnessed an 8% growth in business compared to last year, earning a total insurance premium of Rs. 53.39 billion by the end of Kartik month (Mid-Novemvber) in the current fiscal year. Data...

Kathmandu – Life insurance companies in Nepal have achieved impressive growth in new business, earning Rs. 2.25 billion in first insurance premiums during the month of Kartik (Mid- November). According to data from the Nepal Insurance Authority, the 14...