Kathmandu — The Government of Nepal has initiated steps to bring uniformity in the salary structures and service facilities of employees across public corporations, including key regulatory bodies such as the Nepal Insurance Authority. A three-member task force has...

Kathmandu — Four insurance companies remain stuck in the approval pipeline of the Securities Board of Nepal (SEBON), awaiting permission to issue rights shares despite mounting regulatory pressure to raise their paid-up capital. Prabhu Mahalaxmi Life Insurance, Sanima GIC...

Kathmandu — Nepal Reinsurance Company Limited has announced its decision to issue 100 percent right shares to meet the paid-up capital threshold set by the Nepal Insurance Authority (NIA). The move comes as part of the company’s strategy to...

Kathmandu – Protective Micro Insurance Limited has reported a net profit of Rs. 760,090 in the fourth quarter of the fiscal year 2081/82, a recovery from the net loss of Rs. 1.99 million recorded in the same quarter of...

Kathmandu — The Nepal Insurance Authority organized a high-level stakeholder consultation on Wednesday at its central office in Kupandol, bringing together representatives from non-life insurance companies, reinsurance firms, and the construction sector to address persistent challenges in engineering insurance....

Kathmandu — A writ petition has been filed at the Supreme Court seeking the cancellation of the foreign employment temporary insurance pool introduced by the Insurance Authority. The petition, filed by Advocate Girija Adhikari, challenges the legality of the...

Natural disasters across the globe have caused an estimated US$131 billion in overall losses in the first half of 2025, according to data compiled by Munich Re. While slightly lower than the inflation-adjusted US$155 billion recorded in the same...

Kathmandu — In a grand celebration of excellence and commitment in the life insurance sector, Sun Nepal Life Insurance Company Limited organized the ‘Sun Nepal Achievers Night 2082’ at Hotel Seven Star Limited in Sauraha. The event recognized and...

Kathmandu — The Nepal Insurance Authority has summoned the Chief Executive Officers (CEOs) of all life insurance companies operating in the country for a high-level meeting aimed at reviewing the current status of the life insurance sector. The meeting,...

Kathmandu — Despite repeated commitments made through national budget speeches and policy declarations, the government has yet to insure its buildings — including historic administrative centers like Singha Durbar. With this gap continuing for years, the Nepal Insurance Authority...