Delay in Appointment of Insurance Authority Chairman Sparks Concerns

Kathmandu – The Government of Nepal has begun the process of appointing a new chairman for the Insurance Authority, but procedural and logistical delays have stalled progress. The chairman selection committee, formed by the Council of Ministers, has yet...


Nepal Life Insurance Announces New Bonus Rates for Policyholders

Kathmandu – Nepal Life Insurance Company Limited has introduced its latest bonus rates for policyholders, following approval from the Nepal Insurance Authority on December 27. The new rates, determined based on the company’s financial review and actuarial report for...


Neco Insurance Invests Rs 6.44 Billion Across Diverse Sectors

Kathmandu -Neco Insurance Company Limited has made significant investments totaling Rs 6.44 billion in various sectors by the end of the first quarter of the current fiscal year. According to data released by the Nepal Insurance Authority, the company...


Narayan Bahadur Gurung of Sanima Reliance Achieves Court of the Table (COT) 2025 Title

Kathmandu – Narayan Bahadur Gurung, Chief Agency Manager of Sanima Reliance Life Insurance Company, has earned the prestigious Court of the Table (COT) title for 2025. This achievement comes after Gurung successfully garnered a total insurance premium of Rs....


Aryan Khan Achieves Court of the Table (COT) 2025 Title

Kathmandu – Aryan Khan, Chief Agency Manager of Prabhu Mahalaxmi Life Insurance, has earned the prestigious Court of the Table (COT) title for 2025. He achieved this milestone by securing a total insurance premium of Rs. 14.078 million for...


Aviation Insurance Authorities to Provide Swift Compensation for Jeju Air Disaster Victims

Meil Business Newspaper  Seoul – The financial authorities have set the compensation limit for victims of the Jeju Air passenger plane crash at Muan International Airport at $1 billion (approximately 1.472 trillion won). This compensation is part of a...


Reliable Nepal Life Insurance Organizes Agent Motivation Program in Kalaiya

Kathmandu – Reliable Nepal Life Insurance successfully conducted an agent motivation and honor program at Hotel Kanraj Palace in Kalaiya, Bara, on Saturday. The event aimed to enhance the skills and encourage the agents affiliated with the Kalaiya branch....


Sanima Reliance Life Insurance Hosts Patan Region Agents Conference

Kathmandu – Sanima Reliance Life Insurance Limited successfully organized the Patan Region Agents Conference at Tripureshwor,Kathmandu. The event witnessed enthusiastic participation from over 200 agents representing 16 branches of the region. During the program, the company’s CEO, Shivnath Pandey,...


Rastriya Beema Company Faces Questions Over Audit Irregularities

Kathmandu – The government-owned Rastriya Beema Company has come under scrutiny for submitting audit reports that do not meet the required standards set by the Insurance Authority. The company has reportedly failed to include the mandatory long-form audit report...


Deepa Chapagain of Citizen Life Insurance Achieves Prestigious COT Recognition for 2025

Kathmandu – Deepa Chapagain, a Citizen Leader at the Swayambhu branch of Citizen Life Insurance Company Limited, has achieved the prestigious Court of the Table (COT) status for 2025. Chapagain reached this milestone through tireless dedication, completing the Million...