Kathmandu – The single premium income of life insurance companies has risen sharply in the last fiscal year (2081/082), marking a significant growth trend in the insurance sector. According to the fourth-quarter financial statements published by the companies, the...

Kathmandu – The outstanding claims of life insurance companies in Nepal have surged sharply, raising fresh concerns about the timely settlement of policyholder benefits. According to the fourth quarter financial statements of the last fiscal year published by 14...

Kathmandu – The outstanding insurance claim payments of non-life insurance companies in Nepal have reached Rs 8.03 billion in the fiscal year 2081/82. According to the financial statements published by 14 non-life insurers for the last fiscal year, the...

Kathmandu – The Nepal Insurance Authority (NIA) has issued a directive instructing insurance companies to provide clear, timely, and easily understandable information regarding loans taken by policyholders against their insurance policies. The Authority has mandated insurers to inform policyholders...

Kathmandu – The Nepal Insurance Association has formally written to the Nepal Insurance Authority, raising concerns over delays in claim settlements by the two reinsurance companies operating in the country. According to the association, insurance companies are facing financial...

Kathmandu — United Ajod Insurance Company Chief Executive Officer (CEO) Kamal Gautam has stressed that insurance claim disputes can be minimized if policyholders clearly understand the terms and conditions of their policies. Speaking during a panel discussion on “Public...

Kathmandu – The size of the insurance fund of Nepal’s life insurance companies has rose to Rs 844.48 billion by the end of the last fiscal year 2081/82, underscoring the sector’s steady expansion and growing financial strength. The figure...

Kathmandu – The Nepal Insurance Authority (NIA) has introduced a new directive aimed at preventing money laundering, terrorist financing, and financial investments linked to the production or expansion of weapons of mass destruction. The directive, titled “Directives on Prevention...

Kathmandu — Non-life insurance companies in Nepal have invested more than Rs 67.23 billion across various sectors during the fourth quarter of the last fiscal year 2081/82, according to the latest data published by the Nepal Insurance Authority. The...

Kathmandu — Life insurance companies in Nepal invested more than Rs 757.26 billion during the last fiscal year (FY 2081/82), according to financial statements released by the Nepal Insurance Authority. The figure highlights the growing trend of insurers diversifying...