Friday 24th July 2026
Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in the current fiscal year. More than half a dozen insurance...
Kathmandu — Raju Bhandari, a leading insurance advisor associated with Nepal Life Insurance’s Taplejung branch, has achieved another career milestone after generating Rs 17.896 million in life insurance premiums during the fiscal year 2025/26. The latest achievement surpasses his own previous record and further strengthens his position as one...
Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in the current fiscal year. More than half a dozen insurance companies are gearing up to launch new insurance plans after receiving regulatory approval. The Nepal...
Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in the current fiscal year. More than half a dozen insurance companies are gearing up to launch new insurance plans after...
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 insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the most controversial figures in the sector, have yet to be fully pursued. Silwal has faced allegations ranging from using funds...
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...
