Friday 24th April 2026
Kathmandu — The Nepal Insurance Authority has issued a new directive governing the purchase and sale of fixed assets by insurance companies. Under the 2025 directive, the authority has placed greater emphasis on technology-friendly record-keeping, as well as stronger institutional governance and oversight. According to the directive, insurers must...
Kathmandu — Life insurance companies operating in Nepal earned total premiums of NPR 140.45 billion during the third quarter of fiscal year 2025/26. According to data released by the Nepal Insurance Authority, all 14 life insurers in operation contributed to this total. The sector expanded by 11.31% compared to...
Kathmandu — Life insurance companies operating in Nepal earned total premiums of NPR 140.45 billion during the third quarter of fiscal year 2025/26. According to data released by the Nepal Insurance Authority, all 14 life insurers in operation contributed to this total. The sector expanded by 11.31% compared to the same period in the previous fiscal year, when insurers had collected NPR 126.18 billion...
Kathmandu — The Nepal Insurance Authority has issued a new directive governing the purchase and sale of fixed assets by insurance companies. Under the 2025 directive, the authority has placed greater emphasis on technology-friendly record-keeping, as well as stronger institutional governance and oversight. According to the directive, insurers must fully write off their pre-operating expenses and complete their first...
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 government is moving to remove Surendra Thapa, Chief Executive Officer of Nepal Reinsurance Company, following longstanding allegations of corruption and mismanagement at the state-owned firm. Former Finance Secretary Rameshwar Khanal had repeatedly pressed Thapa to address irregularities within the company, but those efforts were unsuccessful. Finance Minister Swarnim Wagle is also understood to have applied pressure...
Kathmandu – The government led by Balen has decided to expand the jurisdiction of the anti-corruption authority to allow strict investigation of corruption in the private sector. The proposal is included in the draft Anti-Corruption Strategy for 2025 to 2028, which was made public by the Office of the Prime Minister and Council of Ministers on April 13, 2026. According to the draft released last Tuesday, any financial loss...
