Monday 7th September 2026
Kathmandu — Business from single-premium life insurance policies recorded significant growth in the fourth quarter of fiscal year 2025/26 (2082/83 B.S.). Life insurance companies collected a total of NPR 22.421 billion in single premiums during the period, an increase of 39.48% compared with the same period a year earlier,...
Kathmandu — The Nepal Insurance Authority (NIA) has warned insurance agents and other concerned parties against making false, misleading or exaggerated claims in insurance-related promotions. The Authority said it has received complaints alleging that licensed insurance intermediaries have made false and misleading promotional statements about insurance products, in ways...
Kathmandu — Business from single-premium life insurance policies recorded significant growth in the fourth quarter of fiscal year 2025/26 (2082/83 B.S.). Life insurance companies collected a total of NPR 22.421 billion in single premiums during the period, an increase of 39.48% compared with the same period a year earlier, when single-premium collections stood at NPR 16.0745 billion (FY 2024/25). Nepal Life Insurance led the...
Kathmandu — The government has decided to provide advance insurance claim payments to policyholders affected by the Rasuwa floods based on preliminary damage assessments. The provision was introduced through the ‘Rasuwa Flood Recovery Package’ unveiled by the Ministry of Finance on Thursday. According to the ministry, surveyors will be deployed through a simplified procedure to make the assessment of...
Kathmandu — The flood in Rasuwa has disrupted communications with insurance companies, banks, hydropower projects and other offices operating in the area. There is still no confirmed information on the extent of damage caused to the offices of insurance companies and banks. The Ministry of Energy, however, is collecting data on the damage caused to hydropower projects. The branches...
Zurich — Global reinsurance giant Swiss Re on Thursday reported a 9% year-on-year increase in net income to USD 2.8 billion for the first half of 2026, driven by strong performance across all its business units. The company posted USD 1.3 billion in net income for the second quarter alone, keeping it on track for its full-year target of...
Kathmandu — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87 billion. The combined profit increased by 32.27 percent, or NPR 17.05 billion, compared with the previous fiscal year. Commercial banks had earned a combined net profit of NPR 52.82 billion...
