Saturday 4th April 2026
Kathmandu – MetLife Nepal has introduced a new update to its “One by MetLife” mobile app, allegedly acting against the principles of insurance. Without informing the regulatory body, the Nepal Insurance Authority, the company added a health risk assessment feature that measures blood sugar levels through the app, which...
Kathmandu — Insurance companies that had long struggled to conduct their annual general meetings (AGMs) on schedule are now showing improvement. Due to repeated directives from the Insurance Authority in recent years and ongoing coordination with companies, all but three insurers currently in operation have completed their AGMs on...
Kathmandu – MetLife Nepal has introduced a new update to its “One by MetLife” mobile app, allegedly acting against the principles of insurance. Without informing the regulatory body, the Nepal Insurance Authority, the company added a health risk assessment feature that measures blood sugar levels through the app, which operates in the health sector under the pretext of insurance. The Authority has also acknowledged...
Kathmandu — National Insurance Company Limited has called on policyholders to collect payments for claims filed under insurance policies issued during the fiscal years 2019/20 to 2020/21. The company stated that although claims were registered for policies issued during this period, the settlement process has been delayed due to the long-standing failure of claimants to submit the required documents....
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 Nepal Insurance Authority has fined eight insurance companies for non-compliance with regulatory provisions. The regulator imposed a penalty of two lakh rupees on each company for failing to operate in line with the Insurance Act. According to the Authority, the companies had been asked to submit clarifications after not following its directives. However, their responses were...
Kathmandu – Commercial banks in Nepal have earned a total profit of Rs 13.14 billion in the first quarter of the current fiscal year 2082/83, according to the financial statements made public by the banks. The figure represents a double-digit decline compared to the same period last fiscal year, when banks had earned Rs 16.18 billion. Out of the 20 commercial banks, the profits of 15 banks have decreased,...
