Wednesday 25th March 2026
Kathmandu — Nepal’s non-life insurance companies expanded their business by 13.11% in the first eight months of the current fiscal year (2025/26), earning over NPR 31 billion in total premium income. According to data up to the end of mid-March 2026, the 14 operating non-life insurers collectively generated NPR...
Kathmandu — Neco Insurance Company has been found to have prepared and sold insurance policies illegally, targeting farmers in buffer zone areas. The company is reported to have disregarded existing insurance regulations and laws, and is said to have issued unauthorized policies while also challenging the Nepal Insurance Authority....
Kathmandu — Sanima Reliance Life Insurance Limited is celebrating its 9th anniversary today in Kathmandu. The company was formed on March 23, 2023 following the merger of Sanima Life Insurance and Reliance Life Insurance. Since the merger, the organization has been operating under the unified identity of Sanima Reliance Life Insurance. On the occasion, Chief Executive Officer Shiva Nath Pandey expressed gratitude to all...
Kathmandu — Nepal’s non-life insurance companies expanded their business by 13.11% in the first eight months of the current fiscal year (2025/26), earning over NPR 31 billion in total premium income. According to data up to the end of mid-March 2026, the 14 operating non-life insurers collectively generated NPR 31.70 billion, compared to NPR 28.02 billion during the same...
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 Nepal Insurance Authority has fined eight insurance companies for non-compliance with regulatory provisions. The regulator imposed a penalty of two lakh rupees on each company for failing to operate in line with the Insurance Act. According to the Authority, the companies had been asked to submit clarifications after not following its directives. However, their responses were...
Kathmandu – Commercial banks in Nepal have earned a total profit of Rs 13.14 billion in the first quarter of the current fiscal year 2082/83, according to the financial statements made public by the banks. The figure represents a double-digit decline compared to the same period last fiscal year, when banks had earned Rs 16.18 billion. Out of the 20 commercial banks, the profits of 15 banks have decreased,...
