Kathmandu — The flood in Rasuwa has disrupted communications with insurance companies, banks, hydropower projects and other offices operating in the area. There is still no confirmed information on the extent of damage caused to the offices of insurance...

Kathmandu — A massive flood has swept into the Bhotekoshi River in Rasuwa from the Tibet side. Details of the damage caused by the sudden flooding are still awaited, and the scale of the destruction is expected to be...

Kathmandu — The Koshi Province chapter of the Federation of Nepali Journalists (FNJ) has launched an accident insurance program covering 1,227 journalists working across the province, aiming to strengthen their professional and social security. The insurance program was formally...

Kathmandu — The Nepal Insurance Authority has issued strict directives to life and micro-life insurers to control mis-selling and other improper practices in the sale of insurance plans. The Authority has prohibited insurers and agents from presenting and selling...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its Chairman Club and CEO Club Achievers Award program for its top-tier insurance agents. The four-day event, held in the tourist city of Pokhara from Bhadra 4 to 7,...

Kathmandu — By the end of fiscal year 2025/26 (2082/83), Nepal’s life insurance companies had further expanded their investment portfolios, strengthening their presence in the financial market. The total investment of the 14 life insurance companies currently operating in...

Kathmandu — Nepal’s life and non-life insurance companies spent more than NPR 12.55 billion on employee benefits during fiscal year 2025/26 (2082/83), according to their fourth-quarter financial statements. The 28 insurance companies spent a combined NPR 12.56 billion on...

Kathmandu — National Life Insurance Company Limited has concluded its four-day Branch Managers’ Conference, recognizing top-performing branch managers and branches for fiscal year 2025/26 while discussing business strategies, expansion plans and employee development for the current fiscal year. Held...

Kathmandu —  Life insurance companies paid out more than NPR 86 billion in claims during the last fiscal year, according to their fourth-quarter financial statements. The 14 life insurers paid a combined NPR 86.31 billion in claims in fiscal...

Kathmandu — Finance Minister Dr. Swarnim Wagle has said the government has not reduced the budget allocated for the health insurance program, but has instead increased it by NPR 5 billion this year. Speaking at a dialogue program titled...