Himalayan Life Insurance to Hold 18th AGM, Proposes 8% Cash Dividend

Kathmandu — Himalayan Life Insurance Limited is set to convene its eighteenth annual general meeting (AGM) on Ashar 10, 2082 (June 24, 2025). The meeting will begin at 10:30 AM at Amrapali Banquet, Naxal, as per the decision made...


Prabhu Mahalaxmi Life Insurance and Chirayu Hospital Forge Strategic Partnership to Enhance Healthcare and Insurance Access

Kathmandu — In a move aimed at bridging the gap between healthcare services and financial protection, Prabhu Mahalaxmi Life Insurance Company Limited and Chirayu National Hospital and Medical Institute have signed a strategic partnership agreement. The agreement was officially...


Shamsher Parajuli Appointed Director of Prabhu Mahalaxmi Life Insurance

Kathmandu — Shamsher Parajuli has been appointed as the director of Prabhu Mahalaxmi Life Insurance Company Limited. The appointment was made during the company’s board of directors meeting held on Ashar 20 (July 4). Parajuli will represent the general...


Asian Life Insurance to Issue 42% Right Shares

Kathmandu – Asian Life Insurance Company Limited is set to issue 42 percent right shares to its existing shareholders starting from Ashar 25 (July 9). The company has received final approval from the Securities Board of Nepal (SEBON) to...


BFI’s Non-Performing Loans Surge to 5.24 Percent, Non-Banking Assets Escalate

Kathmandu – Nepal’s banking sector is grappling with a sharp increase in non-performing loans (NPL), with the ratio climbing to 5.24 percent by mid-May 2025—up from 3.98 percent during the same period last year. Data published by Nepal Rastra...


Nepal Insurance Authority to Introduce Annual Insurance Policy from Next Fiscal Year

Kathmandu – The Nepal Insurance Authority has announced plans to implement an Annual Insurance Policy starting from the upcoming fiscal year, aiming to ensure structured reforms and promote reliability across the country’s insurance sector. Speaking at an interaction program...


Non-Life Insurers Pay Rs 4.87 Billion in Claims Following Last Year’s Floods and Landslides

Kathmandu – Non-life insurance companies in Nepal have paid out claims totaling Rs 4.87 billion in response to damages caused by the devastating floods and landslides that struck the country in the month of Ashoj (September) last year. The...


Nepal Life Partners with Kathmandu Metropolitan City for ‘Skill Fair 2082’

Kathmandu – Nepal Life Insurance Company has partnered with Kathmandu Metropolitan City (KMC) as an institutional collaborator in the ongoing Skill Fair 2082, reinforcing its commitment to corporate social responsibility and youth empowerment. The Skill Fair aims to upskill...


IME Life Insurance Ties Up with Aama Hospital to Offer Up to 50% Healthcare Discount

Kathmandu – IME Life Insurance Company has partnered with Aama Hospital to offer significant discounts on medical services to its insured clients, agents, and employees. As per the agreement, policyholders will receive a 50 percent discount on cabin bed...


Over Rs 14.5 Million in Insurance Claims Paid After Tinkune Incident, Majority Still Pending

Kathmandu — Non-life insurance companies in Nepal have disbursed over Rs 14.5 million in compensation following the violent clashes and property damage during the royalist movement in Tinkune on Chaitra 15, 2081 (March 30, 2025) . According to data,...