Saturday 12th September 2026
Kathmandu — Life insurance companies conducted more than NPR 26.62 billion worth of insurance business in the first month of the current fiscal year 2026/27, July. According to data published by the Nepal Insurance Authority, 14 operating life insurance companies collected a total of NPR 26.62 billion in premiums...
Kathmandu — The Nepal Insurance Authority has directed all licensed insurers to update and publicly disclose key institutional information on their websites in accordance with legal provisions on the prevention of money laundering. The Authority’s Anti-Money Laundering Division issued the request to all insurers on January 8, calling on...
Kathmandu — Life insurance companies conducted more than NPR 26.62 billion worth of insurance business in the first month of the current fiscal year 2026/27, July. According to data published by the Nepal Insurance Authority, 14 operating life insurance companies collected a total of NPR 26.62 billion in premiums in July through various types of insurance policies. The Authority has published details of life...
Kathmandu — The solvency margin ratio, a key measure of financial strength and risk-bearing capacity for companies operating in Nepal’s non-life insurance sector, improved in the fiscal year ended mid-July 2026 (Asar-end 2083 BS) compared with the previous fiscal year ended mid-July 2025 (Asar-end 2082 BS). The industry-wide average solvency margin rose from 4.16 percent to 4.35 percent during the...
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...
Zurich — Global reinsurance giant Swiss Re on Thursday reported a 9% year-on-year increase in net income to USD 2.8 billion for the first half of 2026, driven by strong performance across all its business units. The company posted USD 1.3 billion in net income for the second quarter alone, keeping it on track for its full-year target of...
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...
