Saturday 25th July 2026
Kathmandu — The Nepal Insurance Authority has directed insurance companies to introduce a digital claims tracking system within the next three months, aiming to make the claims settlement process more transparent, efficient, and customer-friendly. Under the new system, policyholders will be able to track the status of their insurance...
Kathmandu — State-owned Nepal Re-insurance Company Limited has reported a net loss of Rs. 5.84 billion for the third quarter of the last fiscal year, marking a sharp reversal from the profit recorded a year earlier. According to the company’s third-quarter financial statements released on Thursday, Nepal Re had...
Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in the current fiscal year. More than half a dozen insurance companies are gearing up to launch new insurance plans after receiving regulatory approval. The Nepal...
Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in the current fiscal year. More than half a dozen insurance companies are gearing up to launch new insurance plans after...
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 — State-owned Nepal Re-insurance Company Limited has reported a net loss of Rs. 5.84 billion for the third quarter of the last fiscal year, marking a sharp reversal from the profit recorded a year earlier. According to the company’s third-quarter financial statements released on Thursday, Nepal Re had posted a net profit of Rs. 548.2 million during the...
Kathmandu — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of inactive banking channels. The measures, introduced through amendments to the Unified Directives 2082, were issued by the Bank and Financial Institutions Regulation Department under the authority granted by Section 79...
