Kathmandu — Nepal Reinsurance Company has emerged as the largest company in terms of market capitalization on the Nepal Stock Exchange (NEPSE), overtaking Bishal Bazaar Company. Investor interest in Nepal Reinsurance has remained high despite recent fluctuations in the market. On the first trading day after the Gen Z...
Kathmandu – The Ministry of Finance has formally instructed the Nepal Insurance Authority to prevent Sharad Ojha from continuing in his role as chairman. The directive comes amid ongoing legal and administrative disputes over his appointment. In a letter sent to the Authority today, the ministry asked it to...
Kathmandu — Sun Nepal Life Insurance has launched a special cashback scheme for its policyholders who choose to pay their premiums through digital platforms. According to the company, customers making payments via eSewa or Khalti will receive a cashback of 0.5 percent of their premium amount, up to a maximum of Rs. 1,000. The offer applies to those who settle their premium before the...
Kathmandu — Rajendra Malla, President of the General Insurance Association of Nepal (GIAN) and outgoing President of the Nepal Chamber of Commerce, has urged the government to create a conducive environment for settling insurance claims and covering expenses related to damages faced by the private sector. In a meeting with newly appointed Finance Minister Rameshwor Khanal, Malla highlighted the...
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the other suspended—and now stands cautiously under interim leadership. These events, unfolding one after another, have exposed not just the fragility...
Kathmandu — Nepal Reinsurance Company has emerged as the largest company in terms of market capitalization on the Nepal Stock Exchange (NEPSE), overtaking Bishal Bazaar Company. Investor interest in Nepal Reinsurance has remained high despite recent fluctuations in the market. On the first trading day after the Gen Z protest, the company’s share price slipped by 10 percent. Even...
Kathmandu – Despite economic slowdown and multiple challenges, commercial banks in Nepal have accelerated credit expansion. According to the latest figures, the 20 commercial banks currently in operation disbursed loans worth Rs 485.5 billion in fiscal year 2081/82, marking an 8.09 percent rise compared to the previous year. In FY 2080/81, total credit investment stood at Rs 449.1 billion, showing an additional flow of Rs 363.52 billion this year....