Bimal, Rabindra, and Surya Prasad Named Top Agents of the Year at Himalayan Life Insurance

Kathmandu — Himalayan Life Insurance Company has recognized three of its most outstanding agents for their exceptional performance in the fiscal year 2081/82. Demonstrating dedication, strategy, and remarkable outreach, Bimal Dhakal, Rabindra Timilsina, and Surya Prasad Baral have emerged...


Sun Nepal Life Completes Allotment of Auctioned Right Shares

Kathmandu — Sun Nepal Life Insurance Company Limited has successfully allotted the unclaimed right shares that were placed on auction from Ashar 23 to Ashar 30 (July 7 to 16). The allotment of these shares, conducted through a sealed...


Finance Ministry’s Silence Raises Alarms Over Governance Crisis at Rastriya Beema Company

Kathmandu — Serious questions have emerged over the state of governance at the government-owned Rastriya Beema Company, as the Insurance Authority appears unable to take regulatory action due to direct interference and inaction from the Ministry of Finance, led...


Nepal Life Insurance Receives ICAN’s Best Annual Report Award 2024

Kathmandu — As Nepal Life Insurance Company approaches its 25th anniversary, it has added a prestigious recognition to its legacy by winning the Best Annual Report Award 2024, presented by the Institute of Chartered Accountants of Nepal (ICAN). The...


Top Performing Agents of Suryajyoti Life: How Kamal, Gaurav, and Deepak Became Leading Agents

Kathmandu – Suryajyoti Life Insurance Company Limited has announced its top-performing agents for the fiscal year 2081/82, recognizing the dedication and business success of three standout individuals: Kamal Prasad Ghimire from Butwal, Gaurav Kumar Shahi from Nepalgunj, and Deepak...


MetLife Nepal Partners with National Cricket Captains to Promote Life Insurance Awareness

Kathmandu – In a landmark initiative, MetLife Nepal has announced its partnership with national cricket team captains Rohit Paudel and Indu Berma to advocate for life insurance as a vital tool for financial protection and future planning. This collaboration...


Insurance Authority to Fast-Track Pending Cases Under New Leadership

Kathmandu — The Nepal Insurance Authority has initiated preparations to fast-track the resolution of long-pending cases under the leadership of newly appointed Chairman Sebantak Pokharel. In a bid to expedite the process, the Authority plans to mobilize not only...


Tesla Debuts in India; Insurers Roll Out Special EV Covers

Mumbai — Tesla has officially entered the Indian market with the launch of its first showroom in Mumbai on July 15, showcasing the Model Y in two variants: Rear-Wheel Drive (₹60 lakh) and Long Range Rear-Wheel Drive (₹68 lakh+)....


Government Revises Health Insurance Decision, 13 Hospitals Reinstated as First Service Points

Kathmandu — The Ministry of Health and Population has revised its decision to remove several hospitals from the list of first service points under the national health insurance program, following widespread protests from health workers, hospital staff, and local...


Munich Re Reports €2.1 Billion Q2 Profit Amid Low Major-Loss Costs

Global reinsurer Munich Re has announced a strong preliminary net profit of €2.1 billion for the second quarter of 2025—up €500 million year-on-year—driven by low major-loss expenditures in its property and casualty (P&C) reinsurance segment. The German reinsurer also...