Himalayan Life Insurance Concludes 19th AGM, Approves Financial Highlights and Key Appointments

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Himalayan Life Insurance Concludes 19th AGM, Approves Financial Highlights and Key Appointments

Himalayan Life Insurance Concludes 19th AGM, Approves Financial Highlights and Key Appointments

Ganesh Khatiwada 2026-02-11 13:59:00

Kathmandu, Nepal - Himalayan Life Insurance Limited has successfully concluded its 19th Annual General Meeting (AGM), endorsing key financial and governance agendas for the fiscal year 2081/82.
The AGM, attended by the company’s board of directors, senior management, and shareholders, approved the financial highlights of the fiscal year 2081/82, reflecting the company’s operational performance and financial position during the review period. The meeting discussed the company’s premium growth, investment portfolio, claim settlement performance, and overall financial stability amid evolving regulatory and market conditions in Nepal’s insurance sector.
Shareholders also endorsed the appointment of an external auditor for the upcoming fiscal year, in line with regulatory requirements and corporate governance standards. The move is expected to further strengthen transparency, accountability, and financial reporting integrity within the company.
In addition, the AGM approved the appointment of an Independent Director to the board. The inclusion of an independent board member is seen as a step toward reinforcing good governance practices, ensuring balanced decision-making, and aligning with the directives of the Insurance Authority of Nepal regarding board structure and compliance.
During the meeting, company leadership highlighted the importance of prudent risk management, digital transformation, and customer-centric service delivery in sustaining long-term growth. The management reiterated its commitment to expanding insurance access across Nepal while maintaining strong solvency and capital adequacy positions.
Himalayan Life Insurance Limited, formed through strategic consolidation in Nepal’s life insurance industry, has been focusing on strengthening its market presence through diversified insurance products, branch network expansion, and enhanced digital services.
The 19th AGM concluded with shareholders expressing confidence in the company’s strategic direction and governance framework as it moves into the new fiscal year.

Published Date 2026-02-11 13:59:00

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