As the world continues to grapple with intensifying climate-related disasters, the Swiss Re Institute has reported a marked rise in global insured and economic losses for the first half of 2025, with warnings that the year’s total could exceed...

Kathmandu — The Nepal Insurance Authority has begun drafting a new guideline on money laundering as part of the national effort to remove Nepal from the Financial Action Task Force (FATF) grey list. The move follows a 9-point directive...

Kathmandu — Sanima Reliance Life Insurance Limited successfully concluded its three-day annual event, Bravo Annual Concave 2082, at the Pokhara Grand Hotel. The grand gathering brought together branch managers from across the country to celebrate achievements and chart a...

Kathmandu — Pakistan-based Habib Bank Limited has agreed to sell its entire stake of founder shares in Himalayan Bank Limited to National Life Insurance Company Limited. The transaction, involving 28,012,447 units of founder shares, has been proposed at a...

Kathmandu — Suryajyoti Life Insurance Company Limited successfully concluded its two-day flagship event, the ‘Star Agency Meet 2082’, in a grand manner at Hotel Mystic Mountain, Nagarkot. Held from Shrawan 18 to 19 (August 3 to 4), the program...

New Delhi – The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a hefty penalty of ₹5 crore on Policybazaar Insurance Brokers Pvt. Ltd. for multiple violations of regulatory norms, including biased product promotions and significant delays...

Kathmandu – The Government of Nepal has amended three significant provisions in the Insurance Act 2079, marking a critical shift in how insurance claims, particularly unclaimed amounts, will be handled in the future. Through a bill introduced to amend...

Kathmandu – The Supreme Court has declined to issue an interim order in favor of Sharad Ojha, the suspended Chairman of the Nepal Insurance Authority, effectively blocking his request to be reinstated immediately. A joint bench of Justices Hari...

Kathmandu — Nepal Life Insurance Company Limited has successfully concluded the ‘Nepal Life Leadership Excellence Award 2025’ with grandeur at a ceremony held at the Soaltee Hotel in Kathmandu. The event, which began on 16 Shrawan, brought together 440...

Kathmandu – Citizen Life Insurance Company successfully concluded the eighth edition of its flagship program, Citizen Leaders Night 2025, on Saturday, 17th Shrawan (August 2), at Hotel Yak & Yeti, Durbarmarg. The event was organized to honor high-performing agents...