Kathmandu — By the end of fiscal year 2025/26 (2082/83), Nepal’s life insurance companies had further expanded their investment portfolios, strengthening their presence in the financial market. The total investment of the 14 life insurance companies currently operating in Nepal increased by 15.26 percent year-on-year to NPR 911.98 billion....
Kathmandu — Nepal’s life and non-life insurance companies spent more than NPR 12.55 billion on employee benefits during fiscal year 2025/26 (2082/83), according to their fourth-quarter financial statements. The 28 insurance companies spent a combined NPR 12.56 billion on employee benefits, an increase of around 3.45 percent from the...
Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its Chairman Club and CEO Club Achievers Award program for its top-tier insurance agents. The four-day event, held in the tourist city of Pokhara from Bhadra 4 to 7, concluded in a grand manner, combining learning, recognition, celebration and entertainment. The program was inaugurated by Company Chairperson Samjhana Aryal. Addressing the event, Chairperson Aryal...
Kathmandu — Retained earnings at Nepal’s non-life insurance companies fell sharply in the last fiscal year, with the sector’s combined retained earnings dropping 34.36 percent from a year earlier. According to fourth-quarter financial statements for fiscal year 2025/26 (2082/83), the companies’ combined retained earnings fell to NPR 3.40 billion from NPR 5.17 billion the previous year. Retained earnings represent...
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 — Commercial banks in Nepal earned nearly NPR 70 billion in net profit during fiscal year 2025/26. According to the fourth-quarter financial statements published by 20 commercial banks, the banks posted a combined net profit of NPR 69.87 billion. The combined profit increased by 32.27 percent, or NPR 17.05 billion, compared with the previous fiscal year. Commercial banks had earned a combined net profit of NPR 52.82 billion...