Sunday 28th June 2026
Kathmandu – National Life Insurance Company has announced the bonus rate for participating life insurance policies for FY 2026/27, with the declared bonus continuing its downward trend for another consecutive year. Under the newly approved rates, the company will provide a uniform bonus of Rs 50 per Rs 1,000...
Kathmandu – Nepal Insurance Company has been found to be in violation of a key regulatory requirement after failing to maintain an earthquake risk reserve fund, as mandated by the Nepal Insurance Authority. Under the Authority’s directives, all non-life insurers are required to allocate at least 10 percent of...
Kathmandu – National Life Insurance Company has announced the bonus rate for participating life insurance policies for FY 2026/27, with the declared bonus continuing its downward trend for another consecutive year. Under the newly approved rates, the company will provide a uniform bonus of Rs 50 per Rs 1,000 sum assured per year across all participating life insurance products and policy terms. The latest...
Kathmandu – Nepal’s non-life insurance industry recorded Rs 4.09 billion in gross written premiums during the period from May 15 to June 14, 2026, according to business statistics published by the Nepal Insurance Authority. The 14 non-life insurers operating in the country generated a combined Rs 4.09 billion in premiums during the month, up from Rs 3.94 billion in...
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 revised the Unified Directive, 2025 for Class A, B, and C banks and financial institutions, introducing new provisions effective June 24, 2026 under Section 79 of the Nepal Rastra Bank Act, 2002. Under the revised rules, banks may capitalize accrued interest on long-term project loans during the grace period, provided the arrangement is included in the loan agreement. The provision applies to projects...
