Kathmandu – Nepal’s life insurance companies recorded a 26.31 percent increase in first-year premium income as of mid-June of the fiscal year 2025/26 (2082/83), according to data released by the Nepal Insurance Authority. The country’s 14 life insurers generated...

Kathmandu – Life insurance companies operating in Nepal earned a total insurance premium of NPR 173.50 billion during the first eleven months of fiscal year 2025/26, according to data published by the Nepal Insurance Authority. According to the data,...

Kathmandu – Nepal has once again come under heightened international financial scrutiny. The Financial Action Task Force (FATF), the global intergovernmental body responsible for setting standards to combat money laundering and terrorist financing, has decided to keep Nepal on...

Kathmandu – IME Life Insurance Company Limited has received an upgraded credit rating. CARE Ratings Nepal Limited has raised the company’s issuer rating from ‘BBB+’ to ‘A-’, indicating that the insurer is considered adequately safe in meeting its financial...

Kathmandu — The Asian Development Bank (ADB) has approved a concessional loan of $115 million to improve drinking water supply, sanitation services, and climate resilience in rapidly urbanizing municipalities across Nepal. The financing will be utilized under the Integrated Water...

Kathmandu — Nepal’s non-life insurance companies have continued to strengthen their financial buffers against large-scale disasters, with the combined balance of catastrophe funds maintained by 14 insurers rising to more than NPR 2.20 billion by the May of FY...

Kathmandu — Nepal Rastra Bank (NRB) has issued a new Regulatory Sandbox Directive, allowing innovative financial products and services to be tested in a controlled environment with the aim of promoting innovation in the financial sector. The central bank...

Kathmandu — The insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the...

Kathmandu — Minister for Health and Food Hygiene Nisha Mehta has said that the government is preparing to amend the Health Insurance Act to make the national health insurance program more effective and sustainable. Responding to lawmakers’ questions during...

Kathmandu — In a unique display of goodwill and friendship, the Embassy of Bangladesh in Kathmandu has distributed more than 1,750 kilograms of premium Bangladeshi mangoes among distinguished personalities across Nepal under its annual “Season’s Best Compliments” initiative. The diplomatic...