Friday 5th June 2026
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...
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...
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 — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the securities market. The Central Investigation Bureau (CIB) of Nepal Police has completed its investigation into defendants, including Deepak Bhatt and...
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...
