Sunday 26th April 2026
Kathmandu, Nepal — Recent developments suggest that the government, the board of directors, and company management are collectively steering Nepal Reinsurance Company toward collapse, similar to what happened with the National Insurance Corporation. CEO Surendra Thapa has failed to hold annual general meetings for the past two fiscal years....
Kathmandu — The government has formed a recommendation committee to appoint a new chairperson of the Nepal Insurance Authority. As per a Cabinet decision on April 21, the committee is headed by Dr. Gunakar Bhatta, with Dr. Ghanshyam Upadhyay serving as a member and insurance expert Dr. Fattabahadur KC...
Kathmandu — The government has formed a recommendation committee to appoint a new chairperson of the Nepal Insurance Authority. As per a Cabinet decision on April 21, the committee is headed by Dr. Gunakar Bhatta, with Dr. Ghanshyam Upadhyay serving as a member and insurance expert Dr. Fattabahadur KC as an expert member. Currently, a Joint Secretary at the Ministry of Finance is overseeing...
Kathmandu — The government has formed a recommendation committee to appoint a new chairperson of the Nepal Insurance Authority. As per a Cabinet decision on April 21, the committee is headed by Dr. Gunakar Bhatta, with Dr. Ghanshyam Upadhyay serving as a member and insurance expert Dr. Fattabahadur KC as an expert member. Currently, a Joint Secretary at the...
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 — Recent developments suggest that the government, the board of directors, and company management are collectively steering Nepal Reinsurance Company toward collapse, similar to what happened with the National Insurance Corporation. CEO Surendra Thapa has failed to hold annual general meetings for the past two fiscal years. Government-owned insurance companies have long suffered from a recurring problem:...
Kathmandu – The government led by Balen has decided to expand the jurisdiction of the anti-corruption authority to allow strict investigation of corruption in the private sector. The proposal is included in the draft Anti-Corruption Strategy for 2025 to 2028, which was made public by the Office of the Prime Minister and Council of Ministers on April 13, 2026. According to the draft released last Tuesday, any financial loss...
