Monday 1st June 2026
The deadly attacks carried out across Balochistan on January 31, which left dozens of civilians and security personnel dead, have renewed attention on the changing nature of the Baloch Liberation Army (BLA), a group whose tactics and operations have undergone a significant transformation over the past two decades. The...
Kathmandu — The government has increased the tax imposed on the income of insurance agents. Through the Finance Bill tabled in Parliament alongside the budget for the upcoming fiscal year, the tax rate on insurance agents’ income has been raised from 15 percent to 20 percent. According to the...
Kathmandu — Life insurance companies operating in Nepal generated NPR 120.72 billion in renewal premium income during the first ten months of fiscal year 2025/26 (2082/83). According to financial data released by the Nepal Insurance Authority, the country’s 14 life insurers collectively earned NPR 120.716 billion in renewal premiums over the review period. Compared with the same period of the previous fiscal year, renewal...
Kathmandu — The government’s decision to increase the third-party motor insurance coverage limit is expected to contribute to the growth of Nepal’s non-life insurance sector. While presenting the budget for the upcoming fiscal year, Finance Minister Swarnim Wagle announced that the maximum third-party insurance coverage for motor vehicles will be doubled from NPR 500,000 to NPR 1 million. The...
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 — This year’s national budget has introduced a broader and more interventionist approach to Nepal’s insurance sector, moving beyond the traditional focus on health insurance and placing greater emphasis on strengthening non-life insurance and domestic reinsurance capacity. While previous budgets largely centered around expanding health insurance coverage, the budget for fiscal year 2026/27 includes policy measures related to...
Kathmandu — A branch manager of Global IME Bank has been found dead in an apparent suicide after posting a message on social media targeting the bank’s top management. The deceased, Pitambar Khadka, reportedly shared a Facebook post on May 18 in which he wrote “You bastard killed me” and posted photos of the bank’s Chief Executive Officer Surendra Raj Regmi along with several senior officials. The post also...
