Wednesday 1st July 2026
Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the latest data released by the Nepal Insurance Authority. The industry’s...
Kathmandu – Motor insurance continued to dominate Nepal’s non-life insurance market during the first 11 months of the current fiscal year, accounting for the largest share of insurers’ total business. Backed by the growing number of vehicles on the road and the government’s mandatory vehicle insurance policy, motor insurance...
Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the latest data released by the Nepal Insurance Authority. The industry’s total claim payout reached Rs. 92.98 billion by the end of mid-June, representing a 27.46...
Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the latest data released by the Nepal Insurance Authority. The industry’s total claim payout reached Rs. 92.98 billion by the end...
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 — The insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the most controversial figures in the sector, have yet to be fully pursued. Silwal has faced allegations ranging from using funds...
Kathmandu – Nepal Rastra Bank (NRB) has revised the Unified Directive, 2025 for Class A, B, and C banks and financial institutions, introducing new provisions effective June 24, 2026 under Section 79 of the Nepal Rastra Bank Act, 2002. Under the revised rules, banks may capitalize accrued interest on long-term project loans during the grace period, provided the arrangement is included in the loan agreement. The provision applies to projects...
