Kathmandu — The Nepal Insurance Authority has entered its 58th year starting today. The 58th anniversary has already been being marked since last week through various programs. However, due to the government’s cost-cutting campaign, the authority will not hold any formal ceremony this year. Instead, only an informal tea...
Today marks the beginning of a new chapter in our journey. On this very day, May 14, 2021, Beemapost was launched with the campaign slogan “Sustainable Development of Insurance for Economic Prosperity.” Completing five years of operation, Beemapost now proudly enters its sixth year. On this joyful and historic...
Kathmandu — Retirement often marks the beginning of a quieter life for former government employees in Nepal. Most choose to rely on pensions and step away from professional responsibilities altogether. But Raju Sijapati has taken a different path. After serving more than 20 years in government service, Sijapati has reinvented himself as an insurance agent, building a second career centered on financial awareness and...
Kathmandu — The government has appointed Sushil Babu Dhakal from the Ministry of Physical Infrastructure and Transport to the board of the Nepal Insurance Authority, less than two weeks after amending the Insurance Act 2022 through an ordinance. Engineer Sushil Babu Dhakal, who serves as a joint secretary at the Ministry of Physical Infrastructure and Transport, has been appointed as...
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 Nepal Insurance Authority has barred Himalayan Reinsurance from underwriting new reinsurance business for two months. The Authority stated that, except for reinsurance claim settlements and retrocession-related activities connected to existing reinsurance business, the company will not be allowed to undertake any new reinsurance business until the end of the fiscal year 2025/26. The restriction was imposed...
Kathmandu — Out of the 50 microfinance financial institutions listed on the Nepal Stock Exchange, 11 have so far published their financial statements for the third quarter of the current fiscal year 2025/26 (up to mid-April 2026). The disclosed reports show a notable increase in overall net profit. According to the data, these 11 institutions collectively earned a total net profit of NPR 1.94 billion by mid-April 2026. During...