Star Micro Insurance Reports Sharp Decline in Net Profit Despite Surge in Premium Income

Kathmandu – Star Micro Insurance Company Limited has reported a significant rise in net insurance premium income but suffered a sharp decline in profitability in the third quarter of the current fiscal year. According to the company’s unaudited financial...


Insurance Authority Organizes Stakeholder Interaction in Birgunj, Stresses Credibility and Compliance

Kathmandu – The Nepal Insurance Authority’s Madhesh Province Office held a discussion and interaction program in Birgunj on Monday, bringing together provincial heads of both life and non-life insurance companies to deliberate on pressing issues in the insurance sector....


Asian Life Insurance Honors MDRT-Qualified Agents for 2025

Kathmandu – Asian Life Insurance has honored its agents who qualified for the prestigious Million Dollar Round Table (MDRT) 2025 at a special ceremony held on Monday. The recognition was awarded to agents who successfully met the MDRT business...


Non-Life Insurance Companies Collect Rs 4.10 Billion in Premiums, Business Grows by 7%

Kathmandu – According to the data released by the Nepal Insurance Authority, Non-life insurance companies in Nepal have collectively earned Rs 4.10 billion in insurance premiums in the month of Chaitra alone, reflecting a 7.01 percent increase compared to...


Foreign Employment Insurance Premiums Reach Rs 2.58 Billion in Nine Months, Sun Nepal Life tops the List

Kathmandu – As foreign employment insurance made mandatory for outbound workers, life insurance companies in Nepal have seen a significant rise in premium collection, amounting to Rs 2.58 billion in just nine months of the current fiscal year. This...


Life Insurance Premiums Surge by 51.24 Percent in Nine Months

Kathmandu – Life insurance companies in Nepal have witnessed a significant rise in premium collection by the end of Chaitra month of the current fiscal year, earning a total of Rs 17.46 billion. This marks a 51.24 percent increase...


Nepal Life Steps into 25th Year with Renewed Vision: CEO Parajuli Reflects on Milestones and the Road Ahead

Kathmandu – Marking 24 successful years in Nepal’s insurance sector, Nepal Life Insurance Company has entered its 25th year with nationwide celebrations, including a blood donation program. On the occasion, the company expressed heartfelt gratitude to its shareholders, policyholders,...


Himalayan Life Insurance Announces New Bonus Rates

Kathmandu — Himalayan Life Insurance Company Limited has officially published its revised bonus rate after receiving approval from the Nepal Insurance Authority on Baisakh 15 (March 28). The new rate is based on the company’s financial standing and liability...


Nepal Micro Insurance Announces Date for Annual General Meeting

Kathmandu — Nepal Micro Insurance Company Limited has announced that it will convene its second annual general meeting (AGM) on Jestha 16 (May 30), 2082, at the Bharatpur Garden Resort in Chitwan. The meeting is scheduled to begin at...


Nepal Micro Insurance Company Reports Surge in Premium Income but Sharp Drop in Profit

Kathmandu — Nepal Micro Insurance Company has reported a notable rise in net premium earnings for the third quarter of the current fiscal year. The company earned Rs. 54 million in net premiums during the quarter, marking a remarkable...