Thursday 13th August 2026
Kathmandu — Nepal Life Insurance Company Limited, one of Nepal’s leading life insurers, has published its fourth-quarter financial results for the last fiscal year, reporting growth in premium income and its life insurance fund despite a decline in net profit. The company posted a net profit of NPR 465.3...
Kathmandu — The Nepal Insurance Authority has made a fourth amendment to the “Insurer’s Reinsurance Directive, 2023/2024.” The directive notes that the most recent amendment took place on August 9, 2026. The purpose of the directive is to systematize the reinsurance arrangements of insurers conducting life and non-life insurance...
Kathmandu — Nepal Life Insurance Company Limited, one of Nepal’s leading life insurers, has published its fourth-quarter financial results for the last fiscal year, reporting growth in premium income and its life insurance fund despite a decline in net profit. The company posted a net profit of NPR 465.3 million during the fiscal year, down 15% from NPR 547.6 million a year earlier. Although...
Kathmandu — Nepal’s non-life insurers more than doubled their earthquake premium reserve fund over the past year, strengthening their financial preparedness against seismic risk. However, two of the country’s oldest insurers (Nepal Insurance and Rastriya Beema Company) have yet to set aside any reserves for earthquake-related liabilities. The industry’s earthquake reserve fund reached NPR 455 million by the end...
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 Supreme Court of Nepal has ruled that the issuance of Himalayan Reinsurance Limited’s initial public offering (IPO) at a premium price was not carried out in accordance with the law. In its recently published full verdict, the Court held that both the Securities Board of Nepal (SEBON) and the Nepal Insurance Authority (NIA) failed to comply...
Kathmandu — Nepal Rastra Bank (NRB) has rolled out a new set of regulations requiring banks and financial institutions to tighten oversight of dormant accounts, as part of broader efforts to reduce financial crime and curb the misuse of inactive banking channels. The measures, introduced through amendments to the Unified Directives 2082, were issued by the Bank and Financial Institutions Regulation Department under the authority granted by Section 79...
