Kathmandu — The government’s decision to introduce a two-day weekend on Saturdays and Sundays, citing a fuel shortage, has created challenges in Nepal’s insurance sector after being enforced across insurance companies. The policy is expected to inconvenience policyholders. Even...

Kathmandu — The Nepal Insurance Authority has approved 21 new insurance policies and 12 new supplementary (rider) contracts by mid-March of the current fiscal year 2025/26. According to the Authority, only life insurance companies have received approvals for rider policies....

The Asian Development Bank has warned that the escalating Middle East conflict is increasingly undermining economic prospects across Asia and the Pacific, with rising energy prices, supply disruptions, and financial volatility expected to slow growth and push inflation higher...

Kathmandu — A dispute has intensified between the Nepal Insurance Authority and the Employees Provident Fund (EPF) over cross-shareholding in insurance companies, particularly concerning ownership levels that exceed the regulatory threshold. The issue gained attention after the Auditor General’s...

KATHMANDU – Authorities in Nepal are investigating a major insurance fraud scheme involving trekking and rescue operations on Mount Everest, where guides and associated service providers allegedly staged or deliberately induced medical emergencies to trigger costly helicopter evacuations for...

Kathmandu — A controversy has emerged involving Nepal Police’s Central Investigation Bureau (CIB), raising concerns about its conduct in a case that had already been reviewed and resolved by both the Securities Board of Nepal (SEBON) and the Patan...

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...

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...

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...

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...