Santosh Narayan Shrestha Appointed as Chairman of Nepal Securities Board

Kathmandu – The Securities Board  of Nepal (SEBON) has appointed Santosh Narayan Shrestha as its new chairman after a prolonged vacancy. The decision was finalized during a cabinet meeting held on Monday. . The selection process was guided by...


Government Allocates Rs 80 Million Subsidy for Agricultural Insurance

Kathmandu – The Ministry of Agriculture has disbursed Rs 80 million to insurance companies through the Nepal Insurance Authority to subsidize agricultural insurance fees. This allocation is part of the government’s initiative to support farmers and livestock owners by...


Asian Life Insurance Honors Top Agents In Bagmati Province

Kathmandu – Asian Life Insurance Company Limited successfully concluded the Bagmati Province-level Agent Honor Program on Saturday in Kupandol. The event celebrated agents who achieved outstanding business goals for the fiscal year 2080/81. Certificates of honor were presented by...


National Life Insurance Hosts CEO Club Member Program In Bagmati Province

Kathmandu – National Life Insurance Company Limited hosted a CEO Club Member Honor Program in Bagmati Province. Chief Executive Officer Suresh Prasad Khatri inaugurated a special ceremony by lighting a ceremonial lamp and presenting CEO Club memberships to agents...


Sanima Reliance Saral Endowment Policy Gains Popularity for Its Unique Features

Kathmandu – Sanima Reliance Life Insurance’s “Saral Endowment Policy”, a life insurance policy designed to provide high protection coverage, savings, and financial security to citizens across Nepal. The policy has become a preferred choice for individuals from diverse sectors,...


Sun Nepal Life Insurance Hosts Marketing Manager Program for Bagmati Province

Kathmandu – Sun Nepal Life Insurance successfully concluded its Bagmati Province-level Marketing Manager Program, celebrating the contributions of over 300 marketing managers and agents who joined the prestigious Shukra Club. The event, held at Kathmandu Ring Road, was graced...


Nepal’s Non-Life Insurers Face Profit Decline Due to Rising Claims

Kathmandu – The majority of non-life insurance companies in Nepal have reported a significant decline in profits for the first quarter of the current fiscal year, as revealed in their raw financial statements. This downturn has directly impacted the...


Crest Micro Life Insurance Introduces New Micro Insurance Plan for Marginalized Communities

Kathmandu – Crest Micro Life Insurance Limited has introduced the “Samriddhi Agrim Bhuktani Laghu Beema” scheme, aimed at empowering low-income groups, marginalized communities, and residents of underprivileged areas. The scheme aligns with the company’s vision of providing financial security...


Global Insurance Forum 2024: A Convergence of Innovation and Leadership in Miami

Miami, FL – The Global Insurance Forum (GIF) 2024, hosted by the International Insurance Society (IIS), took place from November 17 to 19 at the Hyatt Regency Miami, bringing together industry leaders, innovators, and policymakers from around the world....


Non-Life Insurance Companies in Nepal Pay Rs. 4.24 Billion in Claims in First Quarter

Kathmandu – In the first quarter of the current financial year, non-life insurance companies in Nepal paid a total of Rs. 4.24 billion in insurance claims. The claims were paid by 14 non-life insurance companies to their insured within...