Wednesday 12th August 2026
Kathmandu — SuryaJyoti Life Insurance Company Limited has reported an increase in profit and most of its key financial indicators during the last fiscal year, according to its fourth-quarter financial results. The company’s net profit rose 8.55% year-on-year to NPR 380.2 million from NPR 350.2 million. The increase was...
Kathmandu — National Life Insurance Company Limited has concluded its four-day Branch Managers’ Conference at Hotel Manakamana Hillcrest Resort in Manakamana, Gorkha, under the theme “Raising the Bar, Redefining Success.” The conference focused on business expansion, upcoming strategies, challenges in the competitive insurance market and employee development. More than...
Kathmandu — SuryaJyoti Life Insurance Company Limited has reported an increase in profit and most of its key financial indicators during the last fiscal year, according to its fourth-quarter financial results. The company’s net profit rose 8.55% year-on-year to NPR 380.2 million from NPR 350.2 million. The increase was supported by a significant rise in interest income during the review period. Net insurance premium...
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...
