Friday 8th August 2025
Kathmandu — Renewal premium income for life insurance companies in Nepal grew significantly in the last fiscal year 2081/82, indicating steady sectoral expansion and improved policyholder retention. According to the Nepal Insurance Authority, the 14 life insurers currently operating earned a total of Rs 137.73 billion in renewal premiums...
Kathmandu – Nepal’s non-life insurance sector witnessed a steady growth of 6.77% in the fiscal year 2082/83, according to data released by the Nepal Insurance Authority. The country’s 14 non-life insurance companies collectively generated a business volume of Rs 43.95 billion, up from Rs 41.17 billion in the previous...
Kathmandu — Life microinsurance companies in Nepal recorded insurance premium earnings of Rs 843.4 million in the last fiscal year 2081/82, according to data released by the Insurance Authority. Among the companies, Guardian Micro Life Insurance secured the highest share, generating Rs 319.9 million in premiums. It was followed closely by Crest Micro Life Insurance with Rs 312.9 million, while Liberty Micro Life Insurance...
Kathmandu — Four non-life microinsurance companies operating in Nepal collectively earned Rs 953.8 million in insurance premiums during the fiscal year 2081/82, according to data released by the Nepal Insurance Authority. Leading the sector, Nepal Micro Insurance recorded the highest premium collection with Rs 262.8 million during the period. Close behind, Protective Micro Insurance Company earned Rs...
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 — General Insurance Association of Nepal (GIAN) has urged the Insurance Authority (NIA) to address pressing challenges in the country’s insurance system, emphasizing the need for policy reforms that could enhance investor confidence and improve operational efficiency. In a meeting with newly appointed NIA Chairman Sebantak Pokharel, the association highlighted concerns over existing provisions related to direct share...
Kathmandu — The base rate of commercial banks in Nepal has been steadily declining over the past year, driven by excess liquidity in the banking system and reduced demand for credit. This has led banks to lower deposit interest rates, ultimately dragging down the base rates — the benchmark used to determine lending rates. According to the latest data, the average base rate of the country’s 20 commercial banks...
