Foreign Employment Insurance Generates Rs 1.66 Billion in Six Months

Kathmandu – Life insurance companies in Nepal have collected Rs 1.66 billion in premiums from foreign employment insurance policies in the first six months of the current fiscal year. As per the Nepal Insurance Authority, 14 life insurance companies,...


Sun Life Insurance Offers Up to 75% Discount on Renewal of Expired Policies

Kathmandu – Sun Life Insurance Company has announced a special discount of up to 75% on the interest charged for renewing expired insurance policies. The company stated that this limited-time offer will be available from January 23 to 31....


Deputy Director Rajendra Maharjan of NIA Represents Nepal in Global Reinsurance Summit in India

Kathmandu – Rajendra Maharjan, Deputy Director of the Nepal Insurance Authority, represented Nepal at the second IFSCA-IRDAI-GIFT IFSC Global Reinsurance Summit held in Mumbai, India, from January 20 to 22, 2025. During the summit, Maharjan highlighted the challenges and...


Micro Insurance Premiums Reach Rs 1.28 Billion in Second Quarter, National Life Leads

Kathmandu – Life insurance companies in Nepal have collectively amassed Rs 1.287 billion in premiums through micro insurance policies during the first six months of the current fiscal year, as per the Nepal Insurance Authority’s recent report. National Life...


Life Insurance Policies Worth Rs 7.46 Billion Surrendered in Six Months

Kathmandu – The surrender of life insurance policies in Nepal has reached a significant figure, with policies worth Rs 7.46 billion being surrendered by the end of the Poush month (mid-January). According to the latest data from the Nepal...


Non-Life Insurance Sector Business Grows by 7.67% in Six Months

Kathmandu – According to the data released by Nepal Insurance Authority, Non-life insurance companies in Nepal recorded a total business of Rs 20.88 billion by the end of the Poush month in the current fiscal year, marking a 7.67%...


Non-Life Insurance Companies in Nepal Earn Rs 20.88 Billion Premiums in Q2

Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance premiums worth Rs 20.88 billion during the second quarter of the current fiscal year, according to data released by the Nepal Insurance Authority. The premium income reflects the...


Nepal Life Insurance Urges Policyholders to Claim Pending Payments

Kathmandu – Nepal Life Insurance Company Limited has reaffirmed its commitment to swift and efficient claim processing for its policyholders, whether for claim settlements or maturity payments. In line with this, the company has issued a crucial notice urging...


Life Insurance Sector Sees 14.65% Growth in New Business, Nepal Life Leads the Market

Kathmandu – The life insurance sector in Nepal has shown significant growth in new business during the first six months of the current fiscal year 2081/082. The 14 life insurance companies operating in the country collectively earned NPR 15.84...


Life Insurance Sector Grows by 8%; Nepal Life Leads, Citizen and Reliable Show Remarkable Growth

Kathmandu – Nepal’s life insurance sector experienced an 8% growth in the first six months of the current fiscal year 2081/082, with 14 companies collectively earning NPR 80.66 billion in insurance premiums. According to data released by the Nepal...