Tehran: Iran’s Football Federation has questioned FIFA over the allocation of tickets reserved for supporters of participating teams at the 2026 World Cup, saying Iranian fans are being prevented from accessing seats they are entitled to under tournament regulations as visa and travel issues continue to cloud the country’s...
Kathmandu – Himalayan Reinsurance Limited has published its financial statements for the third quarter of the current fiscal year (mid-July to mid-April). According to the report, the company recorded a net loss of NPR 44.3 million as of mid-April, compared to a net profit of NPR 989.3 million during...
Kathmandu — Life insurance companies have once again become increasingly aggressive in selling single-premium life insurance policies, a product widely regarded as unfavorable for the long-term sustainability of life insurance business. According to data released by the Nepal Insurance Authority, sales of single-premium life insurance policies increased by more than half compared to the previous fiscal year. Life insurers’ single-premium income rose by 56...
Kathmandu — In the first 10 months of fiscal year 2025/26, life and non-life insurance companies have paid out nearly Rs 58 billion in claim settlements. According to data published by the Nepal Insurance Authority for the period up to April of the current fiscal year, insurers have paid a total of Rs 57.975 billion in insurance claims. Insurance...
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 – Himalayan Reinsurance Limited has published its financial statements for the third quarter of the current fiscal year (mid-July to mid-April). According to the report, the company recorded a net loss of NPR 44.3 million as of mid-April, compared to a net profit of NPR 989.3 million during the same period of the previous fiscal year. The company’s...
Kathmandu — A branch manager of Global IME Bank has been found dead in an apparent suicide after posting a message on social media targeting the bank’s top management. The deceased, Pitambar Khadka, reportedly shared a Facebook post on May 18 in which he wrote “You bastard killed me” and posted photos of the bank’s Chief Executive Officer Surendra Raj Regmi along with several senior officials. The post also...