Thursday 5th November 2026
Kathmandu — Fourteen life insurance companies collected a total of Rs 57.52 billion in gross premiums during the first quarter of the current fiscal year mid-July to mid-October. (Shrawan to Ashoj,). This represents a 16.85 percent increase compared with the Rs 49.23 billion collected during the same period of...
Kathmandu — According to data released by the Nepal Insurance Authority, 14 life insurance companies collected a total of Rs 57.52 billion in gross premiums by mid-October, the end of the third month of the current fiscal year. Nepal Life Insurance recorded the highest premium income at Rs 14.7289...
Kathmandu — Fourteen life insurance companies collected a total of Rs 57.52 billion in gross premiums during the first quarter of the current fiscal year mid-July to mid-October. (Shrawan to Ashoj,). This represents a 16.85 percent increase compared with the Rs 49.23 billion collected during the same period of the previous fiscal year 2025/26. According to the data, 11 companies recorded premium growth of...
Kathmandu — The Nepal Insurance Authority has taken a new step towards making insurance related to construction projects and infrastructure development more organized, transparent and effective. The Authority has prepared a draft directive on engineering insurance with the aim of standardizing engineering insurance policies and protecting the interests of policyholders. According to a notice published by the Authority, feedback,...
Kathmandu — The flood in Rasuwa has disrupted communications with insurance companies, banks, hydropower projects and other offices operating in the area. There is still no confirmed information on the extent of damage caused to the offices of insurance companies and banks. The Ministry of Energy, however, is collecting data on the damage caused to hydropower projects. The branches...
Kathmandu – ICRA Nepal has downgraded Nepal Reinsurance Company Limited’s issuer credit rating from ‘ICRA NP-IR A’ to ‘ICRA NP-IR A-‘, citing the reinsurer’s potentially large exposure to claims from the devastating August 26 flash floods. The company remains on ‘watch with negative implications.’ The ‘W’ notation attached to the rating signals that further review is pending, while the...
Kathmandu – Nepal Rastra Bank and several commercial banks have temporarily shut down their websites and some web-based services after a serious vulnerability was identified in PHP, a programming language widely used to run websites and online systems. The shutdowns are a precaution against possible cyberattacks. The National Cyber Security Centre had earlier issued an emergency advisory urging government agencies, public service providers and website operators to assess their...
