Thursday 10th September 2026
Kathmandu — Life insurance companies collected NPR 21.71 billion in renewal premiums during the first month of the current fiscal year 2026/2027(2083/84). This represents a 32.55 percent increase from the NPR 16.38 billion collected during the same period of the previous fiscal year. Insurance policies issued by companies must...
Kathmandu — The Nepal Insurance Authority has released the first-month statistics for life insurance companies for the current fiscal year 2026/27(2083/84). According to the data, insurers’ first premium income increased by 37.87 percent. In the first month of fiscal year 2025/26(2082/83), the 14 life insurance companies had collected NPR...
Kathmandu — Life insurance companies collected NPR 21.71 billion in renewal premiums during the first month of the current fiscal year 2026/2027(2083/84). This represents a 32.55 percent increase from the NPR 16.38 billion collected during the same period of the previous fiscal year. Insurance policies issued by companies must be renewed by paying premiums at regular intervals to keep them active. By renewing such...
Kathmandu — The solvency margin ratio, a key measure of financial strength and risk-bearing capacity for companies operating in Nepal’s non-life insurance sector, improved in the fiscal year ended mid-July 2026 (Asar-end 2083 BS) compared with the previous fiscal year ended mid-July 2025 (Asar-end 2082 BS). The industry-wide average solvency margin rose from 4.16 percent to 4.35 percent during the...
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...
Zurich — Global reinsurance giant Swiss Re on Thursday reported a 9% year-on-year increase in net income to USD 2.8 billion for the first half of 2026, driven by strong performance across all its business units. The company posted USD 1.3 billion in net income for the second quarter alone, keeping it on track for its full-year target of...
Kathmandu — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87 billion. The combined profit increased by 32.27 percent, or NPR 17.05 billion, compared with the previous fiscal year. Commercial banks had earned a combined net profit of NPR 52.82 billion...
