News
Life insurance coverage reaches half of Nepal’s population
3+ hour, 57+ min ago (313+ words) Life insurance coverage reaches half of Nepal's population'Himalaya Diary Life insurance coverage in Nepal has expanded to 50 percent of the population as of Poush 2082, up from 43.62 percent a year earlier, according to the Insurance Board Growth has been driven by…...
Insurance authority issues key rulings to clarify claims settlement principles
1+ mon, 4+ day ago (96+ words) Insurance authority issues key rulings to clarify claims settlement principles'Himalaya Diary The Nepal Insurance Authority has issued several landmark decisions clarifying important principles related to insurance claims. These include rulings that life insurance claims remain payable even in cases of…...
Life insurance surrenders fall in Nepal, but policy lapses remain a concern
1+ mon, 4+ day ago (117+ words) Life insurance surrenders fall in Nepal, but policy lapses remain a concern'Himalaya Diary Life insurance policy surrenders declined by 17.65 percent during the first five months of the current fiscal year, according to the Nepal Insurance Authority. A total of 37,147 policies…...