Nepal Life Insurance Hosts Insightful Program on Industry Trends

Nepal Life Insurance, a leading life insurance company, organized a special interaction program in Kathmandu, featuring Philip Jackson from the Milliman Group, a renowned actuarial and consulting organization.

The event aimed to address current issues in the life insurance sector. Nepal Insurance Authority Chairman, Mr. Surya Prasad Silwal, led the event, attended by industry stakeholders.

Discussions revolved around challenges and opportunities in Nepal's insurance industry, with a focus on international best practices. Key topics included regulatory initiatives, technological advancements, and prospects.

Phillip Jackson delivered insights on valuation guidelines, risk-based capital, and strategies for implementation, advocating alignment with global standards.

The program fostered knowledge exchange and concluded with a commitment to advancing the insurance sector's development.