MetLife Accused of Misconduct: Running Health Business Under the Name of Insurance, Upgrading App Without Informing the Regulator

Kathmandu – MetLife Nepal has introduced a new update to its “One by MetLife” mobile app, allegedly acting against the principles of insurance. Without informing the regulatory body, the Nepal Insurance Authority, the company added a health risk assessment...


All But Three Insurance Companies Hold AGMs on Time

Kathmandu — Insurance companies that had long struggled to conduct their annual general meetings (AGMs) on schedule are now showing improvement. Due to repeated directives from the Insurance Authority in recent years and ongoing coordination with companies, all but...


Second Fewa Dialogue Concludes in Chengdu, Focuses on Climate, Governance, and Sustainable Development in South Asia

Kathmandu — The second edition of the Fewa Dialogue concluded successfully on Friday in Chengdu, China, marking another step forward in strengthening academic exchange and regional cooperation between China and South Asia. Held from March 26 to 27, the...


Rajendra Bahadur Chand Unanimously Elected President of National Life Central Insurer Committee

Kathmandu – Rajendra Bahadur Chand has been unanimously elected as President of the National Life Insurer Committee under the Professional Insurance Agents Association Nepal. He was elected during the association’s second national convention, held in Butwal on Friday, where...


Oli Faces Legal Action as Accountability Drive Begins Under New Government

Kathmandu — Former Prime Minister K.P. Sharma Oli, who has been accused of fleeing the scene by helicopter during the Gen-Z protests, has been taken into police custody along with former Home Minister Ramesh Lekhak over their alleged role...


LIC Nepal Upgraded to ‘AA-’ Rating, Highlighting Strong Reliability and Financial Strength

Kathmandu — Life Insurance Corporation Nepal (LIC Nepal), one of the most experienced players in the country’s life insurance sector, has received a rating upgrade. ICRA Nepal has raised the company’s rating to ‘AA-’, up from its previous ‘A...


Non-life Insurance Sector Grows 13%, Shikhar and Sagarmatha Lead, Himalayan Everest Posts Sharpest Growth

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...


Neco Insurance Found to Have Issued Insurance Policies Illegally

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...


Insurance Authority Cracks Down, Fines Eight Companies

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...


Rautahat Banana Growers Suffer Massive Losses Amid Storm and No Crop Insurance

Kathmandu — A powerful storm on Monday evening wreaked havoc on banana farms across Rautahat, leaving many farmers struggling financially due to the absence of crop insurance. The storm caused significant damage in Chandrapur Municipality, particularly in Ward No....