Life Insurance Premiums Rise 15% to NPR 40.54 Billion in Two Months; IME Life Posts Fastest Growth

Kathmandu — Nepal’s life insurance companies collected more than NPR 40.54 billion in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), according to data from the Nepal Insurance Authority. The country’s 14 life insurers together...


Life Insurance Premiums Rise 15.01% to NPR 40.54 Billion in Two Months; IME Life Posts Fastest Growth

Kathmandu — Nepal’s life insurance companies collected more than NPR 40.54 billion in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), according to data from the Nepal Insurance Authority. The country’s 14 life insurers together...


ICRA Nepal Assigns IGI Prudential Insurance ‘A-’ Rating, Places It Under Watch Over Flood Claims

Kathmandu — ICRA Nepal has assigned an issuer rating of ‘A-’ to IGI Prudential Insurance and placed it under watch with developing implications, citing a sharp rise in claims from the August 2026 floods. The rating, published on October...


Budhi Gandaki Flood Destroys 35 Homes, Hydropower Camp in Gorkha

Kathmandu — A sudden surge of muddy, debris-laden water swept down the Budhi Gandaki River in Gorkha early Sunday, destroying dozens of homes, a suspension bridge and a hydropower construction camp, and forcing residents along the riverbanks to flee...


Non-Life Insurance Premiums Rise By Almost 21% to NPR 9.83 Billion in Two Months: Company-Wise Breakdown

Kathmandu — Fourteen non-life insurance companies collected a combined NPR 9.83 billion in premiums by the end of Bhadra (Aug-Sep) in fiscal year 2026/27, up 20.97% from NPR 8.13 billion during the same period of the previous fiscal year,...


14 Non-Life Insurers Collect More Than NPR 9.83 Billion in Premiums in Two Months

Kathmandu — Fourteen non-life insurance companies collected more than NPR 9.83 billion in total premiums by the end of Aug-Sep in the current fiscal year 2026/27, according to data released by the Nepal Insurance Authority. Sagarmatha Lumbini Insurance led...


Insurance Agents Seek Clarity From Authority on Incentive Payments

Kathmandu — The Professional Insurance Agents Association Nepal has urged the Nepal Insurance Authority to clarify arrangements governing incentive payments to life insurance agents following reports that some companies have reduced them. The association has asked the Authority to...


Health Insurance Board Investigates Maternity Claims Filed Under Names of Male Policyholders

Kathmandu — Records found in the Health Insurance Board’s online system show claims were submitted for maternity and Caesarean section services under the names of male policyholders. The records indicate that claims were filed for insurance payments showing male...


Insurers’ Conditions Discourage Beekeepers from Insuring Beehives

Kathmandu — Jag Bahadur Pun of Kalika Municipality-6 wants to insure his beehives, but the conditions imposed by insurance companies have left him unsure whether to do so. Pun began exploring bee insurance after pesticide exposure destroyed 20 of...


Professional Liability Insurance to Become Mandatory for Engineers and Construction Businesses

Kathmandu — Engineers, construction companies and other technical professionals involved in building construction will face personal liability if accidents occur or structures are weakened by technical errors, negligence or carelessness. A bill drafted to amend the proposed Building Act,...