Prabhu Mahalaxmi Life Insurance Records 3.49% Growth in Net Profit for Q2

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has unveiled its financial results for the second quarter of the current fiscal year, reporting a 3.49% growth in net profit compared to the same period last year. The company posted a...


Nepal Life Insurance Reports 9.45% Increase in Net Profit in Q2

Kathmandu – Nepal Life Insurance Limited has published its financial results for the second quarter of the current fiscal year, showcasing a 9.45% rise in net profit compared to the same period last year. The company reported a net...


Life Insurance Companies Invest Over Rs 25 Billion in Stock Market

Kathmandu – Life insurance companies in Nepal have collectively invested a staggering Rs 25.77 billion in the stock market by the second quarter of the current fiscal year. Out of the 14 life insurance companies currently in operation, 13...


Nepal Life Insurance Announces 25th Annual General Meeting in Birgunj

Kathmandu – Nepal Life Insurance Company Limited has announced its 25th Annual General Meeting (AGM) to be held on February 10, 2025. The meeting is scheduled to begin at 9 a.m. at Hotel Vishuwa in Birgunj, Parsa district. The...


Health Insurance Board Introduces New Reimbursement Regulations

Kathmandu – The Health Insurance Board has issued new regulations regarding the management of reimbursements received by health institutions under the insurance program. These measures aim to streamline resource allocation and ensure improved healthcare services for the insured. This...


SuryaJyoti Life Insurance Wins Prestigious ‘Emerging Insurance Award’ in Thailand

Kathmandu – SuryaJyoti Life Insurance Company has been honored with the fifth ‘Emerging Insurance Award’ for its outstanding achievements in the insurance sector. The company received this recognition during the 5th Emerging Asia Insurance Awards 2024, organized by the...


Sun Nepal Life Insurance Wins Three Prestigious International Awards

Kathmandu – Sun Nepal Life Insurance Company Limited has achieved remarkable international recognition by winning three prestigious awards at the ICC 2024 Emerging Asia Insurance Program held in Bangkok, Thailand. The company was honored in three key categories: “Best...


IME Life Insurance Wins Three Prestigious Awards at Emerging Asia Insurance Awards

Kathmandu – IME Life Insurance Company Limited has achieved a significant milestone by winning awards in three categories at the fifth edition of the Emerging Asia Insurance Awards. The company was honored with the Best Life Insurance Award, Strategies...


Birendra Baidwar Chhetri Elected President of Nepal Insurance Association with 12-Point Vision

Kathmandu – Birendra Baidwar Chhetri, Chief Executive Officer (CEO) of Siddhartha Premier Insurance, has been appointed as the President of the Nepal Insurance Association. Chhetri officially took the oath of office and secrecy following the 22nd and 23rd Annual...


Dilli Prasad Dhakal Appointed Director of Trust Micro Insurance Limited

Kathmandu – Dilli Prasad Dhakal has been appointed as the director of Trust Micro Insurance Limited. The decision was made during a recent meeting of the company’s board of directors, which unanimously approved Dhakal’s appointment.