Global Insured Catastrophe Losses Hit $100 Billion in First Half of 2025: Aon Report

Global insured losses from natural catastrophes soared to an estimated $100 billion in the first half of 2025, marking the second-highest first-half total ever recorded, according to Aon’s Catastrophe Insight team. The sharp rise in losses was mainly driven...


Nepal Life Insurance Sets Industry Record with Rs 10 Billion in First-Year Premium Income

Kathmandu – Nepal Life Insurance, a leading name in Nepal’s life insurance industry, has set a historic benchmark by becoming the first life insurer in the country to earn over Rs 10 billion in first-year premium income within a...


Chairman Pokharel Calls for Professional Reform in Nepal’s Insurance Sector

Kathmandu — Newly appointed Chairman of the Nepal Insurance Authority, Sebantak Pokharel, has directed the Authority’s staff to ensure that the insurance sector is regulated with professionalism, transparency, and institutional integrity. Speaking during his oath-taking ceremony in Kathmandu, Pokharel...


Sebantak Pokharel Takes Oath as Chairman of Nepal Insurance Authority

Kathmandu – Joint Secretary of the Ministry of Finance, Sebantak Pokharel, has officially assumed the role of Chairman of the Nepal Insurance Authority. Pokharel took the oath of office today before Deputy Prime Minister and Minister for Finance, Bishnu...


Sebantak Pokharel Appointed Acting Chairman of Nepal Insurance Authority

Kathmandu — The government has appointed Joint Secretary Sebantak Pokharel of the Ministry of Finance as the new acting Chairman of the Nepal Insurance Authority. The decision was made during a cabinet meeting held on Monday. According to a...


Sharad Ojha Suspended as Insurance Authority Chairman After Forgery Scandal

Kathmandu — Sharad Ojha, a former journalist who was controversially appointed as Chairman of the Nepal Insurance Authority, has been suspended after serving for only four months and 17 days. The Cabinet meeting on Monday formed an investigation committee,...


Asian Life Insurance Holds 17th AGM, Approves 5.10% Bonus Shares and Elects New Board

Kathmandu – Asian Life Insurance Company Limited successfully concluded its 17th Annual General Meeting (AGM) today at Hotel Ichchha in Simara, Bara. The meeting was held under the chairmanship of Deepak Kumar Shrestha, Chairman of the company’s Board of...


Life Insurance Corporation Nepal Concludes 23rd AGM, Approves 10% Bonus Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited successfully concluded its 23rd Annual General Meeting (AGM) at the Nepal Administrative Training Institute in Jawalakhel, Lalitpur. During the meeting, shareholders approved the company’s proposal to distribute a 10 percent bonus share...


United Ajod Insurance Concludes 31st AGM, Approves Dividend and Capital Plans

Kathmandu – United Ajod Insurance Limited has successfully concluded its 31st Annual General Meeting (AGM) at Amrapali Banquet Catering and Event Pvt. Ltd., Bhatbhateni, Kathmandu. The AGM approved a proposal to distribute 10 percent bonus shares worth Rs. 210...


All Government Payments to Go Fully Electronic from Shrawan

Kathmandu – The Government of Nepal has made it mandatory for all payments made by public bodies to be processed through electronic systems starting from Shrawan 1, 2082. The Ministry of Finance has issued a circular to this effect...