Asian Life Gets Approval from SEBON to Issue 42% Rights Shares

Kathmandu – Asian Life Insurance Company has received approval from the Securities Board of Nepal (SEBON) to issue 42 percent rights shares. The company will float 142.7 million units of rights shares in the ratio of 1:0.42 at a...


MetLife Nepal Certifies Agents Through Global Training Programs

Kathmandu — MetLife Nepal has awarded certificates to its life insurance agents, agencies, and unit managers who completed two internationally recognized training programs under the Life Insurance Management Research Association (LMRA). The participants successfully completed the Associate Insurance Sales...


War Risk Insurance Demand Rises Amid Indo-Pak Tensions Following Operation Sindoor

Mumbai (TOI) — Insurance providers across India have begun receiving a surge of enquiries for war risk cover following the recent military initiative, Operation Sindoor, carried out by Indian forces. Industry insiders say the sudden spike in demand is...


Nepal Reinsurance Urges Shareholders to Claim Pending Cash Dividends

Kathmandu — Nepal Reinsurance Company Limited has called on its shareholders to claim their pending cash dividends before they are transferred to the Investor Protection Fund. According to the company, as per regulatory provisions, any cash dividend approved by...


Prabhu Mahalaxmi Life Insurance Reports Rs 270.7 Million Net Profit in Current Fiscal Year

Kathmandu – Prabhu Mahalaxmi Life Insurance has reported a net profit of Rs 270.7 million by the end of Chaitra in the current fiscal year, reflecting a modest year-on-year growth of 0.67 percent compared to Rs 268.9 million recorded...


Nepal Life Insurance Launches Subsidiary Nepal Life Investment Company

Kathmandu – Nepal Life Insurance Company Limited has officially inaugurated its subsidiary, Nepal Life Investment Company Limited, marking a significant step toward investment diversification in the insurance sector. The inauguration ceremony was held on Thursday at the company’s central...


Pakistan Embassy in Kathmandu Hosts Alumni Gathering for Nepali Army Officers Trained in Pakistan

Kathmandu — The Embassy of Pakistan in Kathmandu hosted a distinguished alumni gathering on May 7, 2025, bringing together senior and former officers of the Nepali Army who received training at various institutions of the Pakistan Armed Forces. The...


Sanima Reliance’s ‘Saral Endowment’ Policy Gains Widespread Popularity

Kathmandu — Sanima Reliance Life Insurance has seen a significant rise in customer interest following the launch of its innovative Saral Endowment insurance policy. The scheme has attracted attention for offering a blend of high savings, comprehensive protection, and...


Insurance Companies Still Focused on Capital, Bagmati Province Records Highest Premium Collection

Kathmandu – Despite repeated directives from the Nepal Insurance Authority to expand operations into rural regions, the majority of insurance companies continue to focus their business within Bagmati Province, particularly the Kathmandu Valley. According to financial data released by...


Health Insurance Renewal Now Available Online via Payment Wallets and IPS

Kathmandu – The Health Insurance Board has introduced an online renewal system for health insurance policies. Citizens can now renew their health insurance through payment service providers, including popular mobile wallets and the Interbank Payment System (IPS). Executive Director...