Himalayan Life CEO, Mr Manoj Kumar Lal Karna, has resigned from his post, according to news platform Insurance Khabar.
The Nepalese insurance regulator Nepal Insurance Authority has directed all life insurers in the country to organise insurance promotion programmes with practical knowledge at school level.
The Nepal Insurance Authority, the country's insurance regulator, organised and held a successful discussion with the Koshi Province Government.
The over 9.3m insured individuals covered under the Nepalese government's health insurance scheme will now be able to access these health insurance services with better convenience. The services will also be made more efficient and citizen friendly.
The Nepalese insurance regulator the Nepal Insurance Authority has commenced the publication of the industry's data and other statistics on a monthly basis.
Nepal insurance industry has still to do a lot to make insurance easy, affordable and above all trustworthy for all according to Nepal Insurance Authority (NIA) executive director Sushil Dev Subedi.
The Nepalese government has set a target to increase the renewal of health insurance policies to 90% in the next five years to 2030.
A high-level economic reforms committee formed by the Nepalese government has suggested that the insurance premium should be determined by the market in a competitive manner.
Having already issued and distributed an initial public offering (IPO) to Nepali citizens working overseas, Nepal Micro Insurance will be opening it the general public from 23 February 2025, according to Nepalese newspaper Republica.
Nepalese prime minister KP Sharma Oli has asked the ministry of health and population to formulate on priority an action plan for reforms based on the report of the Health Insurance Reform Suggestion Task Force.