Sunday 3rd May 2026
Kathmandu — A government ordinance issued today has led to the removal of Ganesh Pandey, the only non-staff board director of the Nepal Insurance Authority. Pandey, a former secretary, had been appointed under Section 6(1) of the Insurance Act 2022, but has now been relieved of his position following...
Kathmandu – Suryajyoti Life Insurance Company Limited has released its third-quarter financial results for the current fiscal year, covering the period up to mid-April (end of Chaitra). The report shows broad-based growth across most financial indicators compared to the same period last year. Net profit rose by 11.69% year-on-year...
Kathmandu – Suryajyoti Life Insurance Company Limited has released its third-quarter financial results for the current fiscal year, covering the period up to mid-April (end of Chaitra). The report shows broad-based growth across most financial indicators compared to the same period last year. Net profit rose by 11.69% year-on-year to NPR 330.3 million, up from NPR 295.7 million recorded by mid-April (end of Chaitra)...
Kathmandu — Nepal Insurance Authority, the regulatory body of the insurance sector, has been prioritizing the resolution of insurance-related complaints and dispute petitions. Despite delays in leadership appointments, the authority has recently stepped up efforts to address pending and backlogged cases. According to the authority’s publication Insurance Reflection, a total of 120 cases were registered by the end of...
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 — Nepal Insurance Authority, the regulatory body of the insurance sector, has been prioritizing the resolution of insurance-related complaints and dispute petitions. Despite delays in leadership appointments, the authority has recently stepped up efforts to address pending and backlogged cases. According to the authority’s publication Insurance Reflection, a total of 120 cases were registered by the end of...
Kathmandu – Commercial banks have reported an improvement in earnings per share (EPS), according to third-quarter financial reports for the current fiscal year 2025/26 (up to mid-April). The average EPS of banks stood at NPR 17.01 during the period, an increase of NPR 2.48 compared to NPR 14.53 recorded in the same period of the previous fiscal year. However, compared to the third quarter of last year, EPS declined...
