Saturday 14th November 2026
Kathmandu — Insurance companies in Nepal paid more than Rs 23 billion in claims during the first three months of the current fiscal year 2026/27 (mid-July to mid-October). According to data from the Nepal Insurance Authority, life and non-life insurers settled claims worth a combined Rs 23.01 billion by...
Kathmandu – More people in Nepal are buying insurance, but many do not understand what their policies actually offer. Policyholders are often unsure what benefits they are entitled to, when claims are payable, and why claims may be rejected. The result is disputes during claim settlement, unmet expectations, and...
Kathmandu — Insurance companies in Nepal paid more than Rs 23 billion in claims during the first three months of the current fiscal year 2026/27 (mid-July to mid-October). According to data from the Nepal Insurance Authority, life and non-life insurers settled claims worth a combined Rs 23.01 billion by mid-October. During the review period, life insurance companies paid Rs 15.11 billion for 77,709 claims....
Kathmandu — Insurance companies in Nepal paid more than Rs 23 billion in claims during the first three months of the current fiscal year 2026/27 (mid-July to mid-October). According to data from the Nepal Insurance Authority, life and non-life insurers settled claims worth a combined Rs 23.01 billion by mid-October. During the review period, life insurance companies paid Rs...
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...
Kathmandu – ICRA Nepal has downgraded Nepal Reinsurance Company Limited’s issuer credit rating from ‘ICRA NP-IR A’ to ‘ICRA NP-IR A-‘, citing the reinsurer’s potentially large exposure to claims from the devastating August 26 flash floods. The company remains on ‘watch with negative implications.’ The ‘W’ notation attached to the rating signals that further review is pending, while the...
Kathmandu — Global IME Bank Limited has started building a new corporate headquarters at Uttardhoka, with Board Chair Chandra Prasad Dhakal and CEO Surendra Raj Regmi performing the bhumipuja on Friday. The 12-storey building will cover about 146,000 square feet, with two basement parking levels, a ground floor and nine upper floors. The bank says it will be the largest and most modern among commercial bank headquarters. It is designed...
