After the Fall: Can Nepal Insurance Authority Regain its Purpose and Public Trust?

Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the...


Over 95% of People with Disabilities Covered by Basic Medical Insurance in China

Beijing (Xinhua) — The participation rate of persons with disabilities in China’s basic medical insurance has remained above 95 percent, according to the official data. Cheng Kai, the chairman of the China Disabled Persons’ Federation, stated during a news...


Sanima Reliance Life Insurance Agents Achieve Historic Succces In FY 2081/82

Kathmandu – Sanima Reliance Life Insurance Company has achieved a remarkable business performance in the fiscal year 2081/82, with its agents delivering exceptional results nationwide. Through a combination of strategic training initiatives, motivational programs, and the unwavering dedication of...


Ajay Seth Appointed as New IRDAI Chairman for Three-Year Term

New Delhi – The Government of India has appointed Ajay Seth, former Finance Secretary and a seasoned bureaucrat from the 1987 batch of the Indian Administrative Service (IAS), as the new Chairman of the Insurance Regulatory and Development Authority...


Prabhu Mahalaxmi Life Puts 45,340 Promoter Shares Up for Sale

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has announced the sale of 45,340 units of promoter shares, following the directive of the Nepal Insurance Authority. The sale includes 44,550 units in the name of promoter shareholder Umesh Lal...


National Life Insurance Pays Rs 3 Million Death Claim to Family in Kanchanpur

Kathmandu — National Life Insurance Company’s Dhangadhi branch has settled a death claim of nearly Rs 3 million to the family of the late Dambar Bahadur Chhetri, a resident of Punarbas Municipality-6, Kanchanpur. The company handed over a cheque...


Three Women Top IME Life Insurance’s Business Chart with Transactions Worth Millions

Kathmandu — In a significant achievement that reflects the growing leadership of women in Nepal’s insurance sector, three female agents of IME Life Insurance Company have topped the company’s business chart for the fiscal year 2081/82. Laxmi Ghimire of...


Radha Pokharel Resigns as Director of Nepal Insurance Authority

Kathmandu – Radha Pokharel, a female director at the Nepal Insurance Authority, has stepped down from her position just five months after her appointment. The Authority confirmed that her resignation, submitted last week, has been officially accepted. Speaking to...


National Life Insurance Company Announces Multiple Vacancies Across Nepal

Kathmandu – A leading life insurance company has opened vacancies for several key positions, inviting applications from qualified and motivated candidates. The company is seeking Province Heads (few positions) responsible for overseeing provincial operations, achieving business targets, and managing agent networks....


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...