Prabhu Mahalaxmi Life Announces Date for 8th AGM, Proposes 8% Bonus Shares

Kathmandu – Prabhu Mahalaxmi Life Insurance has announced that its eighth Annual General Meeting (AGM) will be held on Jestha 26 (June 9). The meeting is scheduled to take place at Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am. During...


Reliable Nepal Life Ties Up with Nepal International Health Services for Healthcare Discounts

Kathmandu — Reliable Nepal Life Insurance Company has entered into a partnership with Nepal International Health Services to offer significant healthcare discounts to its stakeholders. As per the newly signed agreement, policyholders, agents, and employees of Reliable Nepal Life...


ClimaCash+: A New Model of Inclusive Insurance for Climate-Vulnerable Communities

In a significant step toward climate resilience, VisionFund International (VFI) and IBISA have launched ClimaCash+, an innovative parametric insurance product designed to support low-income communities facing climate-related disasters. Piloted in Kenya in 2024, ClimaCash+ aims to provide fast, simple,...


NRB Unveils Q3 Monetary Policy Review: Tightens Cash Reserve Rules, Lowers Risk Weight on Margin Loans

Kathmandu — Nepal Rastra Bank (NRB) has released the third quarterly review of the Monetary Policy for the current fiscal year, maintaining existing policy rates while introducing key regulatory measures aimed at reinforcing financial stability and improving the investment...


Citizen Life Offers Up to 100% Discount on Lapsed Policy Renewals

Kathmandu — Citizen Life Insurance Company Limited has announced a special discount campaign on the interest charged for the renewal of lapsed insurance coverge. The offer, which runs from 12th to 27th Jestha (May 26 – June 10), provides...


Dr. Laxmi Kant Poudel Appointed CEO of Insurance Institute of Nepal

Kathmandu – Dr. Laxmi Kant Poudel has been appointed as the Chief Executive Officer (CEO) of the Insurance Institute of Nepal (IIN). The position, previously overseen by the Executive Director of the Nepal Insurance Authority, was recently opened for...


Insurance Interaction Program Held in Benighat Rorang Rural Municipality

Kathmandu – The Nepal Insurance Authority successfully conducted an insurance interaction program at Benighat Rorang Rural Municipality in Dhading district, Bagmati Province, on Sunday. The program was attended by Deputy Director Purna Bahadur Thapa, Chairperson Krishna Bahadur Thapaliya, Vice-Chairperson...


Nepal Insurance Authority Begins Monthly Publication ‘Beema Pratibimba’

Kathmandu — In a move aimed at strengthening transparency, accountability, and informed policymaking in Nepal’s insurance landscape, the Nepal Insurance Authority (NIA) has officially commenced the monthly publication of an analytical statistical report titled ‘Beema Pratibimba’ (Insurance Reflection). The...


Banking Offences Top Crime Charts in Nepal, Majority Cases from Kathmandu Valley

Kathmandu – Banking offences have become the most frequently reported crimes in Nepal over the past 10 months, with 11,048 cases recorded since mid-July 2024, according to data from the Nepal Police Headquarters. Alarmingly, nearly 60 per cent of...


LIC India Earns Guinness World Record for Most Life Insurance Policies Sold in 24 Hours

New Delhi – Life Insurance Corporation of India (LIC) has secured a coveted place in the Guinness World Record by setting a new global benchmark for the “Most life insurance policies sold in 24 hours.” On January 20, 2025,...