Saturday 16th May 2026
Kathmandu — Most microfinance financial institutions in Nepal have reported a strong improvement in earnings by the third quarter of fiscal year 2025/26 (2082/83). According to the unaudited financial statements released by all 50 listed microfinance companies, the sector’s combined net profit rose by 43.16% year-on-year to NPR 7.24...
Kathmandu — Himalayan Everest Insurance has received another significant milestone in financial credibility and business strength as it continues its rapid expansion in Nepal’s non-life insurance sector. Credit rating agency ICRA Nepal has assigned the company an “ICRA NP-IR A Minus” rating. According to ICRA Nepal’s assessment, Himalayan Everest...
Kathmandu — Life insurance companies have already published their financial statements for the third quarter. According to the data released by the companies, although most firms managed to maintain profit growth, the overall industry profit contracted as earnings of a few large companies declined. Based on the unaudited financial reports published by life insurance companies, the total profit of the life insurance industry has...
Kathmandu — Himalayan Everest Insurance has received another significant milestone in financial credibility and business strength as it continues its rapid expansion in Nepal’s non-life insurance sector. Credit rating agency ICRA Nepal has assigned the company an “ICRA NP-IR A Minus” rating. According to ICRA Nepal’s assessment, Himalayan Everest Insurance is a company capable of meeting its financial obligations...
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 barred Himalayan Reinsurance from underwriting new reinsurance business for two months. The Authority stated that, except for reinsurance claim settlements and retrocession-related activities connected to existing reinsurance business, the company will not be allowed to undertake any new reinsurance business until the end of the fiscal year 2025/26. The restriction was imposed...
Kathmandu — Out of the 50 microfinance financial institutions listed on the Nepal Stock Exchange, 11 have so far published their financial statements for the third quarter of the current fiscal year 2025/26 (up to mid-April 2026). The disclosed reports show a notable increase in overall net profit. According to the data, these 11 institutions collectively earned a total net profit of NPR 1.94 billion by mid-April 2026. During...
