Sunday 2nd November 2025
Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate that two technical employees on duty during the “Feri Udan”...
Kathmandu – Sun Nepal Life Insurance Company Limited has received an upgraded credit rating of ‘Triple B Plus (BBB+)’ from Care Ratings Nepal Limited (CRNL), signaling stronger financial credibility and claim-paying capacity. CRNL cited the company’s consistent premium growth, sound claims management, and improving underwriting performance as key reasons behind the upgrade. The company’s increased paid-up capital, safe...
Kathmandu – Families of employees who lost their lives in last year’s Saurya Air plane crash at Kathmandu Airport have raised concerns over discrepancies in insurance payouts, alleging unequal compensation for staff members involved in the flight. Reports indicate that two technical employees on duty during the “Feri Udan” flight received USD 50,000 (approx. NPR 7 million) each, while other victims’ families were offered...
Kathmandu – Shikhar Insurance Company Limited, in partnership with eSewa, has launched a new digital health insurance plan called ‘Sahara Health Insurance’. The plan targets citizens between the ages of 5 and 65, offering comprehensive coverage for a wide range of medical needs, including hospitalization, emergency treatment, surgeries, medications, lab tests, and accident-related treatments. The insurance options are available...
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 Limited (Nepal Re) topped the Nepal Stock Exchange (NEPSE) in terms of share turnover during the month of Ashoj. According to NEPSE’s monthly data, Nepal Re-Insurance recorded transactions worth over Rs 3.77 billion, the highest among all listed companies. Union Hydropower Limited followed with a turnover exceeding Rs 2.66 billion, while Himalayan Reinsurance Limited...
Kathmandu – Nepal’s commercial banking sector has recorded a total profit exceeding Rs 16.59 billion during the first two months of the current fiscal year 2082/83, according to data released by Nepal Rastra Bank (NRB). The figure, however, represents a decline of 6.18 percent compared to the same period last fiscal year, when the 20 operating commercial banks collectively earned Rs 17.69 billion. The decline in overall profit reflects...
