Thursday 24th September 2026
Kathmandu — The Nepal Insurance Authority recorded a notable number of insurance-related complaints in the opening month of fiscal year 2025/26. According to data released by the Authority, a total of 14 complaints had been registered as of July 16, 2025. Of these, 12 complaints were registered at the...
Kathmandu — Employees of the Nepal Insurance Authority have launched a protest demanding equal service benefits with staff of other regulatory bodies and the continuation of facilities they have been receiving. The employees have been holding sit-ins, discussions and pressure campaigns during office hours since September 22, with the...
Kathmandu — SuryaJyoti Life Insurance Company Limited organized its “Agency Award Night 2026” in Gwarko, Lalitpur, honoring top-performing agents and agency managers under the theme “Honoring Excellence, Celebrating Achievements.” The event, attended by around 300 Chief Agency Managers, Star Agency Managers, Insurance Advisers and agents, recognized outstanding contributors to the company’s business growth in FY 2025/26 with trophies, certificates and cash prizes. It also...
Kathmandu — Preliminary insurance claims for damage caused by floods in the Bhotekoshi and Trishuli rivers have reached around NPR 25.87 billion across 15 non-life insurers. According to claim details received by the Nepal Insurance Authority as of September 1, 2026, 583 policyholders have filed preliminary claims totaling NPR 25.873579 billion. The Oriental Insurance Company has recorded the largest...
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 — Deposits at banks and financial institutions fell 0.3% (NPR 2.07 billion) to NPR 8.256 trillion in the first month of fiscal year 2083/84 (mid-July to mid-August 2026), according to data released by Nepal Rastra Bank. In the same period last fiscal year, deposits had declined 0.8% (NPR 5.579 billion). On a year-on-year basis, deposits at banks and financial institutions increased 14.5% as of mid-August 2026. As of...
