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...

Kathmandu – The devastating floods and landslides that struck Rasuwa district on Ashar 23 (July 7) have triggered insurance claims worth Rs 843.81 million, as per the latest figures released by the Nepal Insurance Authority. According to the Authority,...

Kathmandu — The Supreme Court has scheduled a hearing on Shrawan 14 (July 30) for the writ petition filed by Sharad Ojha, the suspended chairman of the Nepal Insurance Authority. The case, which had earlier been listed before a...

Kathmandu — The Nepal Insurance Authority (NIA) has introduced a new directive aimed at overhauling the financial health framework of the country’s insurance sector. Titled the Risk-Based Capital and Solvency Directive 2025 (2082), the regulation is designed to refine...

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced its top-performing agents for the fiscal year 2081/82, recognizing the outstanding contributions of Baburam Adhikari, Gayatri Sedhai, and Geeta Nepal. These three individuals have emerged as the highest achievers...

Minneapolis – Allianz Life Insurance Company of North America has confirmed a significant data breach affecting the majority of its 1.4 million customers. The Minneapolis-based insurer, a subsidiary of Germany’s Allianz SE, reported that a malicious actor accessed personally...

Global commercial insurance pricing dropped by 4% in the second quarter of 2025, marking the fourth consecutive quarterly decline, according to Marsh’s latest Global Insurance Market Index. This decline follows a 3% drop in the first quarter and comes...