Kathmandu — The recommendation committee formed to nominate candidates for appointment as Chairperson of the Nepal Insurance Authority has officially invited applications. The committee published a public notice on May 27, 2026 calling for eligible candidates to apply for...
Kathmandu — Life insurance companies operating in Nepal generated NPR 120.72 billion in renewal premium income during the first ten months of fiscal year 2025/26 (2082/83). According to financial data released by the Nepal Insurance Authority, the country’s 14...
Kathmandu — Nepal’s life insurance industry recorded a sharp rise in new business generation during the current fiscal year, with first-year premium income increasing by 29 percent year-on-year. Life insurers generated a total of NPR 35.45 billion in first-year...
Kathmandu — Nepal’s life insurance industry recorded solid growth during the current fiscal year, with life insurers collectively generating NPR 156.17 billion in gross written premiums by the end of mid-May 2026 (through Baisakh of FY 2082/83). According to...
Kathmandu — Despite completing a valuation exercise that reportedly took nearly two years to finish instead of the usual one, Nepal Reinsurance Company has yet to hold its Annual General Meeting (AGM), with internal accounting issues said to be...
Kathmandu — The Nepal Insurance Authority is preparing to amend the Insurance Claims Settlement Guidelines, 2024, saying the current framework needs updating to better reflect evolving market conditions and emerging challenges in claims processing. Unlike previous revisions, the Authority...
Kathmandu – Nepal’s life insurance industry recorded a 17 percent increase in life insurance funds compared with the previous year, reflecting continued growth in long-term policyholder reserves. By the end of FY 2025/26 (2082/83), life insurance companies had accumulated a...
Kathmandu – Nepal’s four micro non-life insurance companies generated a combined Rs 1.10 billion in gross written premiums during the first ten months of fiscal year 2025/26 (up to mid-May 2026), reflecting continued expansion of insurance access in the...
Kathmandu – Nepal’s 14 non-life insurance companies paid out more than Rs 19.80 billion in insurance claims by the end of the third quarter of fiscal year 2025/26 (2082/83), marking a 19.91 percent increase compared to the same period...
Kathmandu – Nepal’s non-life insurance industry generated more than Rs 40.29 billion in gross written premiums during the first ten months of fiscal year 2025/26 (2082/83), reflecting continued expansion across the sector. According to data released by the Nepal...