Kathmandu — Nepal’s non-life insurance companies collected a total of NPR 51.92 billion in gross written premiums during the last fiscal year by issuing 3.47 million insurance policies. Motor insurance remained the industry’s largest business line, generating NPR 15.49 billion in premiums, according to industry data. Property insurance ranked...
Kathmandu — Nepal’s non-life insurance industry posted another year of solid expansion, with the country’s 14 operating non-life insurers generating more than NPR 50.6 billion in gross written premiums during the fiscal year 2025/26. According to the companies’ annual business figures, the sector collected NPR 50.60 billion in gross...
Kathmandu — The Supreme Court’s recent ruling on premium-priced initial public offerings (IPOs) is not expected to impose any additional financial burden on the five insurance companies that issued shares at a premium, as the Nepal Insurance Authority had already required them to ring-fence those funds nearly three years ago. The issue has drawn renewed attention following the publication of the full text of...
Kathmandu — Nepal’s non-life insurance companies collected a total of NPR 51.92 billion in gross written premiums during the last fiscal year by issuing 3.47 million insurance policies. Motor insurance remained the industry’s largest business line, generating NPR 15.49 billion in premiums, according to industry data. Property insurance ranked second with NPR 12.23 billion in premiums, followed by engineering...
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 — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of inactive banking channels. The measures, introduced through amendments to the Unified Directives 2082, were issued by the Bank and Financial Institutions Regulation Department under the authority granted by Section 79...