Tuesday 30th June 2026
Kathmandu: Motor insurance continued to dominate Nepal’s non-life insurance market during the first 11 months of the current fiscal year, accounting for the largest share of insurers’ total business. Backed by the growing number of vehicles on the road and the government’s mandatory vehicle insurance policy, motor insurance contributed...
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 – 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: Motor insurance continued to dominate Nepal’s non-life insurance market during the first 11 months of the current fiscal year, accounting for the largest share of insurers’ total business. Backed by the growing number of vehicles on the road and the government’s mandatory vehicle insurance policy, motor insurance contributed 30.25 percent of the industry’s total premium income. According to...
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...
