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...


Reliable Nepal Life Insurance Lamjung Branch Conducts Agency Motivation Training

Kathmandu — Reliable Nepal Life Insurance’s Lamjung branch has successfully conducted an agency motivation training aimed at enhancing the performance, confidence, and professionalism of its insurance agents. According to the branch, the training program provided crucial insights into effective...


Nepal Micro Insurance Company Concludes Second Annual General Meeting in Chitwan

Kathmandu – Nepal Micro Insurance Company Limited successfully conducted its second Annual General Meeting (AGM) today at Bharatpur Garden Resort, Chitwan. The meeting was chaired by the company’s Chairman, Ashish Shrestha, and was attended by Board Directors Latika Golyan,...


Government Unveils Rs 1.96 Trillion Budget for FY 2082/83

Kathmandu – The government has unveiled a total budget of Rs 1.96411 trillion for the Fiscal Year 2082/83, outlining key priorities in recurrent spending, capital development, and financial management. According to the announcement, Rs 1.180 trillion has been earmarked...


Insurance Budget 2082/83: Government Prioritizes Health and Agriculture Insurance, Omits Broader Regulatory Reforms

Kathmandu – The government’s budget for the fiscal year 2082/83 has placed emphasis on health and agricultural insurance programs, while broader reforms in the insurance sector and legislative changes concerning the Nepal Insurance Authority were not addressed. During the...


Government Unveils Bold Reforms to Strengthen Share Capital Market in Budget 2082/83

Kathmandu – Finance Minister Bishnu Prasad Paudel has announced a comprehensive package of reforms aimed at revitalising Nepal’s Share capital market, while presenting the national budget for the fiscal year 2082/83 today. Key among the reforms is the planned...


Government to Draft Blueprint to Push Insurance Access in Rural Area

Kathmandu – The government is set to introduce a detailed blueprint compelling insurance companies to extend their services beyond urban centers and into rural parts of the country. Presenting the national budget for the fiscal year 2082/83 today, Finance...


Himalayan Life Insurance Puts Promoter Shares Up for Sale

Kathmandu — Himalayan Life Insurance Limited has announced the sale of 102,240 units of its promoter shares. The company has opened this opportunity exclusively to its existing promoter shareholders in the initial phase. As per the notice, interested promoter...