Kathmandu — Retained earnings at Nepal’s non-life insurance companies fell sharply in the last fiscal year, with the sector’s combined retained earnings dropping 34.36 percent from a year earlier. According to fourth-quarter financial statements for fiscal year 2025/26 (2082/83), the companies’ combined retained earnings fell to NPR 3.40 billion...
Kathmandu — The government has moved to increase airlines’ liability for accidents, passenger deaths and injuries, lost baggage, and damage to third-party property. With the National Assembly unanimously endorsing the proposed Internal Air Service Liability Bill, airlines’ insurance coverage and risk management are set to become increasingly important. Minister...
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 — Retained earnings at Nepal’s non-life insurance companies fell sharply in the last fiscal year, with the sector’s combined retained earnings dropping 34.36 percent from a year earlier. According to fourth-quarter financial statements for fiscal year 2025/26 (2082/83), the companies’ combined retained earnings fell to NPR 3.40 billion from NPR 5.17 billion the previous year. Retained earnings represent...
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...