Friday 14th August 2026
Kathmandu — MetLife Insurance Company has reported mixed financial results for the fourth quarter of fiscal year 2025/26. The company recorded growth in its insurance business and funds, while net profit declined sharply. According to the company’s unaudited financial statements, its life insurance fund grew 14.30% to NPR 33.29...
Kathmandu — State-owned Rastriya Beema Company Limited has reported a 19.46% decline in net profit for fiscal year 2025/26, according to its fourth-quarter financial results. The company posted a net profit of NPR 344.4 million for the year, down from NPR 427.6 million in the previous fiscal year. Earnings...
Kathmandu — MetLife Insurance Company has reported mixed financial results for the fourth quarter of fiscal year 2025/26. The company recorded growth in its insurance business and funds, while net profit declined sharply. According to the company’s unaudited financial statements, its life insurance fund grew 14.30% to NPR 33.29 billion during the review period, up from NPR 29.13 billion a year earlier. Net insurance...
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...
