Kathmandu — The Supreme Court has directed its administration to prioritize the hearing of a writ petition filed against the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. A joint bench comprising Justices Mohammad Musalman and...

Kathmandu — The expanding wave of foreign employment among Nepalis is fueling significant growth in the country’s term life insurance sector. As more citizens leave the country in search of better job opportunities abroad, the demand for mandatory foreign...

Kathmandu — Prabhu Mahalaxmi Life Insurance Company Limited has announced a limited-time discount offer on the renewal of expired life insurance policies. The offer, which begins today Jestha 21 (June 4), will remain in effect until Jestha 31 (June...

Kathmandu june 4, IFOAM released a Press statement to reduction the pollution in Organic European responses. BRUSSELS, 4 JUNE 2025 – IFOAM Organics Europe welcomes the European Commission’s Water Resilience Strategy, a necessary European response to the growing water...

Kathmandu — The World Bank has approved a $257 million concessional loan to Nepal to strengthen its electricity distribution network and modernize key irrigation infrastructure, in a move expected to bolster the country’s sustainable development efforts. In a statement...

Kathmandu — Himalayan Life Insurance Limited has announced the date for its 18th Annual General Meeting (AGM), scheduled to be held on Ashar 10, 2082 (June 24, 2025). The decision was made during a board meeting held recently. The ...

Kathmandu — Nepal’s life insurance sector continues to show strong performance, with renewal premiums crossing Rs 109.43 billion in the first ten months of the current fiscal year. According to data released by the Nepal Insurance Authority, a total...

Kathmandu — Nepal’s life insurance industry has achieved a 14.84 percent year-on-year growth in premium income, with total earnings rising from Rs 121.35 billion last fiscal year to Rs 139.36 billion by the end of Baisakh month (mid-May) this...

Kathmandu — The life insurance sector in Nepal has witnessed significant momentum this fiscal year, with companies collectively earning over Rs 139.36 billion in insurance premiums by the end of Baisakh (mid-May). This figure reflects growing public confidence in...

Kathmandu – Life insurance companies operating in Nepal have earned a total of Rs 27.45 billion in first premiums by the end of Baisakh (mid-May), marking a strong inflow of new insurance business during the first ten months of...