Thursday 28th May 2026
Kathmandu — The amount withdrawn from life insurance companies through policy surrenders has exceeded Rs 11.60 billion in the first 10 months of the current fiscal year, according to the latest insurance sector report published by the Nepal Insurance Authority. Data from the report show that a total of...
Kathmandu — Health insurance enrollment assistants across Nepal have launched an indefinite pen-down strike, saying long-standing problems within the national health insurance program remain unresolved and accusing the government and the Health Insurance Board of ignoring their concerns. The protest threatens to disrupt services nationwide as enrollment workers halt...
Kathmandu — Life insurance companies operating in Nepal generated NPR 120.72 billion in renewal premium income during the first ten months of fiscal year 2025/26 (2082/83). According to financial data released by the Nepal Insurance Authority, the country’s 14 life insurers collectively earned NPR 120.716 billion in renewal premiums over the review period. Compared with the same period of the previous fiscal year, renewal...
Kathmandu – Nepal’s 14 non-life insurance companies paid out more than Rs 19.80 billion in insurance claims by the end of the third quarter of fiscal year 2025/26 (2082/83), marking a 19.91 percent increase compared to the same period of the previous fiscal year. The claims figures do not include recoveries receivable from reinsurance companies. The increase in claims...
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 — Despite completing a valuation exercise that reportedly took nearly two years to finish instead of the usual one, Nepal Reinsurance Company has yet to hold its Annual General Meeting (AGM), with internal accounting issues said to be behind the delay. According to sources within the company, senior management is currently focused on how to present unresolved accounting...
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...
