Rasuwa Flood Insurance Payouts Exceed Rs 821 Million as Claims Top Rs 20.9 Billion

Kathmandu — Insurance companies have paid more than Rs 821.3 million, including advance payments, to settle claims for damage to physical infrastructure, vehicles and other property caused by the devastating floods in the Bhotekoshi and Trishuli rivers in Rasuwa...


Insurance Agents’ Association Demands Halt to Incentive Cuts, Questions Regulator’s Role

Kathmandu — The Professional Insurance Agents Association Nepal has demanded an immediate halt to cuts in incentive payments to agents after life insurance companies began reducing the amounts they provide. The association has objected to what it says is...


CARE Ratings Nepal Reaffirms Sun Nepal Life’s ‘Triple B Plus’ Rating

Kathmandu – CARE Ratings Nepal has reaffirmed Sun Nepal Life Insurance Company’s ‘CARE-NP Triple B Plus’ issuer rating, pointing to steady premium growth, a sound investment portfolio, reinsurance support and solvency well above the regulatory minimum. The rating signals...


PHP Security Vulnerability Disrupts Nepal’s Banking Sector, Forcing Websites and Online Services Offline

Kathmandu – Nepal Rastra Bank and several commercial banks have temporarily shut down their websites and some web-based services after a serious vulnerability was identified in PHP, a programming language widely used to run websites and online systems. The...


Non-Life Insurers to Continue Services During Dashain, Prioritize Claims

Kathmandu — Non-life insurance companies in Nepal will continue providing services during the Dashain holiday, keeping selected branches and service counters open with limited staff to assist policyholders. Most non-life insurers have made arrangements to maintain essential services during...


Bangkok Closes 2026 IMF–World Bank Meetings with Great Success

Bangkok — Thailand brought the 2026 IMF–World Bank Group Annual Meetings to a successful close on Sunday, ending seven days of discussions at the Queen Sirikit National Convention Center that opened on October 12. Participants from across the globe...


Global Safety Margins are Thinning, IMF Says, as Nepal’s Finance Minister Courts Recovery Funding in Bangkok

Kathmandu — The world economy is still expanding, but the financial cushions that have protected it from repeated shocks are running low, the International Monetary Fund said at its 2026 Annual Meetings in Bangkok. Nepal’s Finance Minister Swarnim Wagle...


Life Insurers Collect NPR 14.31 Billion in August, Despite 8.21% Annual Decline

Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 14.32 billion in premiums in Bhadra, the second month of fiscal year 2026/27, according to data published by the Nepal Insurance Authority. The total was 8.21% lower than...


World Bank-IMF Annual Meetings Open in Bangkok, Focusing on Jobs and Global Economic Stability

Kathmandu/Bangkok — The joint Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group opened in Bangkok, Thailand, on October 12. Global policymakers are gathering to discuss the world economy, financial stability and development strategies. The...


First-Year Life Insurance Premiums Rise 22% to NPR 7.97 Billion in Two Months

Kathmandu — Nepal’s 14 life insurance companies collected NPR 7.97 billion in first-year premiums during the first two months of fiscal year 2026/27 (2083/84 BS), up 21.82% from NPR 6.54 billion in the same period of 2025/26 (2082/83 BS),...