Life Insurance Companies Earn Rs 27.45 Billion in First Premiums

Kathmandu – Life insurance companies operating in Nepal have earned a total of Rs 27.45 billion in first premiums by the end of Baisakh (mid-May), marking a strong inflow of new insurance business during the first ten months of...


Supreme Court Schedules Full Hearing on Writ Against Nepal Insurance Authority Chair Appointment

Kathmandu — The Supreme Court has scheduled a full hearing for the writ petition challenging the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. The hearing is set to take place today. A joint bench of...


Shikhar Insurance’s 10% Bonus Shares Listed on NEPSE

Kathmandu, June 2 – The Nepal Stock Exchange (NEPSE) has officially listed the 10 percent bonus shares of Shikhar Insurance Company Ltd. A total of 2,681,518 bonus shares have been listed, making them eligible for trading in the secondary...


Life Insurance Fund Grows by 18.79% in Nepal, Reaches Rs 766 Billion

Kathmandu – The life insurance sector in Nepal has witnessed significant growth, with the total life insurance fund of companies increasing by 18 percent compared to the same period last year. According to third-quarter data, the combined life insurance...


Sun Nepal Life Extends Right Share Application Deadline

Kathmandu — Sun Nepal Life Insurance Company Limited has extended the deadline for applying for its 27 percent right shares, initially issued for sale from Baisakh 30 (May 13). Investors now have until Ashar 3 (June 17) to submit...


Significant Investment Opportunities Exist in Emerging Markets and Developing Economies

Kathmandu June 2, Abu Dhabi, United Arab Emirates. IRENA lauches a press own statement about the investment in energy sectors. The Government of Brazil and the International Renewable Energy Agency (IRENA) will co-host the 1st Energy Planning Summit on...


Health Insurance Board Calls for Applications to Appoint 180 Medical Officers

Kathmandu – The Health Insurance Board has announced a major recruitment drive, inviting applications for the appointment of 180 medical officers on a contractual basis. In a public notice issued on Sunday, the board stated that the selected candidates...


Japan Proposes Transparency Reforms, Reviews Foreigners’ Role in Health Insurance

Tokyo – Japan is advancing efforts to enhance transparency and oversight in its public health insurance system, alongside a comprehensive review of foreign nationals’ participation. A recent committee proposal outlined several policy enforcement improvements, including mechanisms to share information...


Twelve Life Insurance Companies Declare Bonus Rates for Fiscal Year 2080/81

Kathmandu — Twelve out of the fourteen life insurance companies in Nepal have announced their bonus rates for participating life insurance policies for the fiscal year 2080/81, following approval from the Nepal Insurance Authority. The rates are based on...


Reliable Nepal Life Offers 100% Interest Discount on Renewal of Expired Policies

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced a special offer, providing a 100 percent discount on interest charges for the renewal of expired insurance policies. According to the company, this limited-time facility will be available till...