National Life Insurance Announces Date for 37th AGM

Kathmandu – National Life Insurance Company Limited has scheduled its 37th Annual General Meeting (AGM) for Asad 5, 2082 (June 19, 2025) at 10:30 AM at its central office in Lazimpat, Kathmandu. The key agenda of the meeting includes...


Prabhu Mahalaxmi Life Insurance Offers 35,674 Promoter Shares for Sale

Kathmandu – Prabhu Mahalaxmi Life Insurance Company Limited has announced the sale of 35,674 units of promoter shares. The shares are currently being offered exclusively to the company’s existing promoter shareholders. According to the company, interested shareholders must submit...


Non-Life Insurance Sector Grows, Reaches Rs 35 Billion in Premiums

Kathmandu — Nepal’s non-life insurance industry has witnessed a 6.763 percent growth in business compared to the same period last fiscal year. According to data released by the Nepal Insurance Authority, the total insurance premium collected by non-life insurers...


Non-Life Insurance Companies Collect Rs 35.5 Billion in Premiums in 10 Months

Kathmandu — Nepal’s non-life insurance companies have collectively earned Rs 35.5 billion in insurance premiums over the first 10 months of the current fiscal year, according to data released by the Insurance Authority. Shikhar Insurance Company collected Rs 4.68...


Sanima Reliance Introduces ‘Dhan Sanchaya’ Life Insurance Plan for Lifelong Financial Security

Kathmandu – Sanima Reliance Life Insurance has launched a new life insurance plan titled ‘Dhan Sanchaya’ Life Insu plan aimed at providing individuals and their families with long-term financial security through a unique combination of savings and protection. This...


New Zealand Deputy Prime Minister Winston Peters Arrives in Kathmandu for Official Visit

Kathmandu – New Zealand’s Deputy Prime Minister and Foreign Minister Winston Peters arrived in Kathmandu today for a two-day official visit to Nepal. During his stay, Deputy Prime Minister Peters is scheduled to pay courtesy calls on President Ram...


Himalayan Life Insurance Announces 8% Cash Dividend

Kathmandu – Himalayan Life Insurance Limited has announced a cash dividend of 8 percent for its shareholders from the distributable profit of the previous fiscal year. The decision was made during the company’s board of directors meeting. The proposed...


Nepal Life Insurance Extends Grace Period for Policy Renewal with 50% Late Fee Discount

Kathmandu – Nepal Life Insurance Company Limited has extended the grace period for renewing expired insurance policies, offering a 50 percent discount on late fees. The company had initially provided this facility for policies that had expired for more...


Trump Administration Halts New Student Visa Appointments, Plans Social Media Vetting

Washington (Reuters) — The Trump administration has directed U.S. missions worldwide to suspend the scheduling of new student and exchange visitor visa appointments, citing an upcoming expansion of social media screening procedures for foreign applicants. According to an internal...


India to Surpass Japan as Asia’s Second-Largest Life Insurance Market by 2035: Allianz Report

India is on course to become Asia’s second-largest life insurance market by 2035, overtaking Japan, according to the newly released Allianz Global Insurance Report 2025. The report highlights India’s strong growth trajectory, driven by a projected compound annual growth...