Nepal Life Insurance Approves Dividend and Emphasizes Digital Transformation in 29th AGM

Nepal Life Insurance successfully held its 29th Annual General Meeting (AGM) on Poush 19, 2082 BS, chaired by Chairman Govind Sanghai. The company’s financial statements, including the profit and loss account, cash flow, and auditor’s report for FY 2081/82, were reviewed and approved.

A total dividend of 21.05% of paid-up capital (Rs. 190,095,555), comprising 16.05% cash dividend and 5% bonus shares, was unanimously approved for shareholders. Auditors for FY 2082/83 were appointed.

The AGM emphasized structural reforms, good governance, technology integration, risk management, customer-centric strategies, and digital transformation to strengthen Nepal Life Insurance’s position in the life insurance sector and ensure sustainable growth.