Suryajyoti Life and Sunaulo Cooperative Sign Credit Insurance Agreement

Kathmandu – Suryajyoti Life Insurance Company Limited’s Narayanghat Branch has entered into an agreement with Sunaulo Savings and Credit Cooperative Society Ltd., Kalika-6, Chitwan, for the provision of credit insurance services. The agreement was formalized during a special event...


Private Hospitals Removed from First Point of Care Under Health Insurance Scheme

Kathmandu – The Health Insurance Board has decided to remove private hospitals from the list of first point of care centers under the national health insurance program, effective from Shrawan 1 (July 17). This move comes by Sub-section (6)...


Lock-In Period for Guardian Micro Life’s Mutual Fund Shares Nears End

Kathmandu – The six-month lock-in period for 112,500 shares of Guardian Micro Life Insurance’s mutual fund is set to expire on Shrawan 4 (July 20). These shares were locked in following regulatory provisions that require mutual fund allotments from...


Sun Nepal Life Conducts Special AML/CFT Training in Dhulikhel

Kathmandu — Sun Nepal Life Insurance has successfully conducted a special training program focused on Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT). The event was held in a grand setting at a hotel in Dhulikhel, bringing together...


Life Insurance Companies Earn Rs 34.09 Billion in First Premiums, New Business Grows by 23.69 Percent

Kathmandu — Nepal’s life insurance sector has witnessed a strong rise in new business, earning Rs 34.09 billion in first premiums by mid-June of the current fiscal year. According to data published by the Nepal Insurance Authority on Sunday,...


Life Insurance Renewal Premiums Cross Rs 119.96 Billion in 11 Months of Current Fiscal Year

Kathmandu — Life insurance companies in Nepal have earned Rs 119.96 billion in renewal premiums over the first 11 months of the current fiscal year, reflecting a 13.11 percent increase compared to the same period last year. The data...


Life Insurance Premiums in Nepal Reach Rs 154.5 Billion, Marking 15.29% Growth

Kathmandu — Nepal’s life insurance sector has shown impressive growth, with companies earning a total of Rs 154.5 billion in premiums by the end of the 11th month of the current fiscal year. This marks a 15.29 percent increase...


Life Insurers Earn Rs 2.75 Billion in Foreign Employment Insurance Premiums

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 2.752 billion in foreign employment insurance premiums by the end of the 11th month of the current fiscal year, according to data released by the Nepal...


Life Insurance Business Crosses Rs 154 billion in 11 Months

Kathmandu — Nepal’s life insurance sector has recorded a total business of over Rs 154 billion in insurance premiums during the first eleven months of the current fiscal year, according to data released by the Nepal Insurance Authority. The...


Suryajyoti Life Unveils Discount Scheme to Revive Lapsed Insurance Policies

Kathmandu — Suryajyoti Life Insurance has announced a special discount offer aimed at encouraging policyholders to revive their lapsed insurance policies. The scheme, which came into effect from 15th Ashar (June 29) 2082, will remain valid until 28th Ashar...