Kathmandu — More than 100,000 insurance claims remain unsettled across 14 non-life insurance companies operating in Nepal, according to their financial statements for fiscal year 2025/26 (2082/83). As of the end of Ashadh 2026, the companies had a combined 104,748 claims pending settlement, up 7.39 percent from 97,538 claims...
Kathmandu — Infomerics Credit Rating Nepal Limited has reaffirmed Asian Life Insurance Company’s issuer rating of ‘IRN A’, citing the company’s adequate capacity to meet its financial obligations on time. An ‘A’ rating indicates adequate safety in meeting financial obligations, with the institution considered to have relatively low credit...
Kathmandu — Infomerics Credit Rating Nepal Limited has reaffirmed Asian Life Insurance Company’s issuer rating of ‘IRN A’, citing the company’s adequate capacity to meet its financial obligations on time. An ‘A’ rating indicates adequate safety in meeting financial obligations, with the institution considered to have relatively low credit risk. The reaffirmation is supported by improvements in the company’s financial and business performance, growth...
Kathmandu — More than 100,000 insurance claims remain unsettled across 14 non-life insurance companies operating in Nepal, according to their financial statements for fiscal year 2025/26 (2082/83). As of the end of Ashadh 2026, the companies had a combined 104,748 claims pending settlement, up 7.39 percent from 97,538 claims at the end of fiscal year 2024/25(2081/82). The number of...
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 Supreme Court of Nepal has ruled that the issuance of Himalayan Reinsurance Limited’s initial public offering (IPO) at a premium price was not carried out in accordance with the law. In its recently published full verdict, the Court held that both the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority (NIA) failed to comply...
Kathmandu — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87 billion. The combined profit increased by 32.27 percent, or NPR 17.05 billion, compared with the previous fiscal year. Commercial banks had earned a combined net profit of NPR 52.82 billion...