Tuesday 4th August 2026
Kathmandu — A new study jointly released by the United Nations Development Program (UNDP) Nepal and the Nepal Insurance Authority has called for policy and regulatory reforms to expand insurance coverage among Nepal’s micro, small, and medium-sized enterprises (MSMEs). The report, Risk Management in Nepal’s MSMEs: The Insurance Protection...
Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 150.62 billion in renewal premiums during the last fiscal year 2025/26 (2082/83), marking a 9.36 percent increase from NPR 137.73 billion in the previous fiscal year 2024/25 (2081/82). Renewal premiums are generated when policyholders continue their insurance coverage...
Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 150.62 billion in renewal premiums during the last fiscal year 2025/26 (2082/83), marking a 9.36 percent increase from NPR 137.73 billion in the previous fiscal year 2024/25 (2081/82). Renewal premiums are generated when policyholders continue their insurance coverage by paying premiums at scheduled intervals, making them a key source of recurring income for...
Kathmandu — Nepal’s non-life insurers more than doubled their earthquake premium reserve fund over the past year, strengthening their financial preparedness against seismic risk. However, two of the country’s oldest insurers (Nepal Insurance and Rastriya Beema Company) have yet to set aside any reserves for earthquake-related liabilities. The industry’s earthquake reserve fund reached NPR 455 million by the end...
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...
