Kathmand – Gelmu Lama Sherpa, Agency Manager at IME Life Insurance Company, has achieved the distinguished Court of the Table (COT) status for the year 2025. Lama accomplished this milestone by earning Rs 14.078 million in insurance fees, showcasing...

Kathmandu – Life insurance policies worth Rs 6.1 billion have been surrendered in Nepal within last five months, according to data from the Nepal Insurance Authority. By the end of the Mangsir month (mid-December), 45,060 policies had been surrendered...

Kathmandu – Non-life insurance companies in Nepal have received claims amounting to Rs 12.88 billion due to the devastation caused by recent floods and landslides. According to the Nepal Insurance Authority, 3,673 claims have been filed as of December...

Kathmandu – A case involving a fraudulent insurance claim of Rs 68.8 million at Rastriya Beema Company Limited remains unaddressed, even after the Nepal Insurance Authority recommended action against those involved. The scandal revolves around an exaggerated claim settlement...

Kathmandu – Nepal Insurance Company Limited has invested a total of over Rs 4.26 billion across various sectors by the end of the first quarter of the current fiscal year, according to data released by the Nepal Insurance Authority....

Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance premiums exceeding Rs 17.51 billion across all seven provinces as of Mangsir (Mid- December), according to the Nepal Insurance Authority. The companies have generated this revenue through various...

Kathmandu – Namita Neupane, Senior Agency Manager at Sanima Reliance Life Insurance Company Limited, has been recognized as a Top of the Table (TOT) achiever for 2025, marking her third consecutive year of earning this honor. She has consistently...

Kathmandu – Nepal Insurance Authority has announced a new provision allowing insurance companies to purchase non-real estate fixed assets without requiring regulatory approval. However, the board has imposed stricter regulations on investments in high-risk areas. As per the draft...

Kathmandu – The government has begun a new process for the appointment of the chairman of the Nepal Insurance Authority. The process began with the formation of a recommendation committee during a meeting of the Council of Ministers held...

Kathmandu – Rastriya Beema Company, is currently facing a serious financial crisis after suffering losses exceeding Rs 1 billion. With a paid-up capital of just Rs 266.6 million, the company’s financial stability is now in question. The crisis stemmed...