News And Updates
02
Apr 19
Citizen Life Insurance Starts Operation at Melamchi
Citizen Life Insurance has started operations at its 63rd branch in Melamchi, Sindhupalchowk through an inauguration program on Monday. The new branch office was inaugurated by Mr. Poshak Raj Paudel, CEO of Citizen Life. The new branch has been opened with an aim to easily provide information regarding the insurance plans of the company and make the premium payment process simple and easy to the locals of Sinchupalchowk.
The company which started its operations from 19th October 2017, has been successful in winning the confidence of Nepali customers in a short period of time. It has already extended its operations around the country with 63 branches and more than 200 dedicated employees. The company which is always working to reduce the impact of risks on its customers by introducing attractive insurance plans while keeping their needs in mind, has been able to increase its insurance amount collection by 60% on its second quarter in comparison to its first quarter in this fiscal year. Along with an increase in the net profit by more than 120% in the same time period, the company has also been successful in making an investment of 245 crores till the month of Poush 2075.
Citizen Life provides Rs.5 lakhs as treatment expense
Citizen Life Insurance has provided Rs. 5 lakhs of claim amount to a resident of Butwal, Mr. Hari Singh Thakuri for the treatment of his Critical....
Bancassurance Agreement with Machhapuchchhre Bank Limited
Citizen Life Insurance Company, which has been successful in winning the confidence of Nepali customers in a short period of time, signed....
Citizen Life Starts Operation in Dolakha
Citizen Life Insurance Company, which has always strived to be in the forefront to provide new and innovative insurance plans to its customers, has....
CitizenLife’s Annual Money Back Insurance Plan
Citizen Life Insurance Company Limited, which has always stayed in the forefront to provide new and innovative insurance plans to its customers, has....
‘Bancassurance’ agreement between Nepal Bank and Citizen Life Insurance
Citizen Life Insurance Company, which has had significant growth in the market in recent times and has been successful in gaining confidence of....
Citizen Life Insurance’s conducted 1st AGM; Discussion about endorsement of IPO under one of the main agendas
Citizen Life Insurance Company Limited conducted its 1st Annual General Meeting (AGM) today (Baishakh 7, 2075). The AGM was held at Shikhar Biz....
Citizen Life Insurance expands at Pulchwok; number of branches to 35
Citizen Life Insurance has inaugurated its latest branch at Pulchwok of Lalitpur. Chairman of the newly opened insurance company Mr. Pradip Jung....
Citizen Life Insurance brings into operation regional office at Butwal and branch office at Bhairahawa
Citizen Life Insurance has brought into operation its Regional office at Butwal and branch office at Bhairahawa of Rupandehi. The inauguration....
Citizen Life Insurance appoints Mr. Poshak Raj Paudel as CEO
Citizen Life Insurance has appointed Mr. Poshak Raj Paudel as its new CEO. Mr. Paudel who has overall managerial experience of 10 years has received....