Wednesday 14th October 2026
Kathmandu/Bangkok — The joint Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group opened in Bangkok, Thailand, on October 12. Global policymakers are gathering to discuss the world economy, financial stability and development strategies. The meetings run through October 18 and are expected to draw...
Kathmandu — Nepal’s 14 life insurance companies collected NPR 7.97 billion in first-year premiums during the first two months of fiscal year 2026/27 (2083/84 BS), up 21.82% from NPR 6.54 billion in the same period of 2025/26 (2082/83 BS), according to data from the Nepal Insurance Authority. The figures...
Kathmandu — Nepal’s life insurance companies collected more than NPR 40.54 billion in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), according to data from the Nepal Insurance Authority. The country’s 14 life insurers together collected NPR 40.54 billion between mid-July and mid-September 2026 (Bhadra 2083), a 15.01% increase from NPR 35.25 billion in the same period of 2025/26 (2082/83...
Kathmandu — ICRA Nepal has assigned an issuer rating of ‘A-’ to IGI Prudential Insurance and placed it under watch with developing implications, citing a sharp rise in claims from the August 2026 floods. The rating, published on October 1, indicates an adequate degree of safety in meeting financial obligations and a low level of credit risk. According to...
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/Bangkok — The joint Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group opened in Bangkok, Thailand, on October 12. Global policymakers are gathering to discuss the world economy, financial stability and development strategies. The meetings run through October 18 and are expected to draw more than 15,000 participants from 191 countries, including Nepal. The venue is the Queen Sirikit National Convention Center (QSNCC). Finance...
