Kathmandu – MetLife Nepal, operating in the country as a branch office of the American life insurance company Alico since 2058 BS, is facing criticism for allegedly conducting activities outside the regulatory scope of its insurance license. According to...
Kathmandu – Himalayan Life Insurance Limited has been awarded an ‘A Plus’ Issuer Rating (IRN A+ (IS)) by Infomerics Credit Rating Nepal Limited, reflecting the company’s strong financial fundamentals and low credit risk. Entities with this rating are regarded...
Editorial For the Nepal Insurance Authority (NIA), the past seven months have been marked not by regulatory breakthroughs, but by turmoil. The nation’s apex insurance watchdog has seen two of its most senior leaders fall under scrutiny—one acquitted, the...
New Delhi – The Government of India has appointed Ajay Seth, former Finance Secretary and a seasoned bureaucrat from the 1987 batch of the Indian Administrative Service (IAS), as the new Chairman of the Insurance Regulatory and Development Authority...
Kathmandu — In a significant achievement that reflects the growing leadership of women in Nepal’s insurance sector, three female agents of IME Life Insurance Company have topped the company’s business chart for the fiscal year 2081/82. Laxmi Ghimire of...
Kathmandu – Radha Pokharel, a female director at the Nepal Insurance Authority, has stepped down from her position just five months after her appointment. The Authority confirmed that her resignation, submitted last week, has been officially accepted. Speaking to...
Kathmandu — Serious questions have emerged over the state of governance at the government-owned Rastriya Beema Company, as the Insurance Authority appears unable to take regulatory action due to direct interference and inaction from the Ministry of Finance, led...
Kathmandu — As Nepal Life Insurance Company approaches its 25th anniversary, it has added a prestigious recognition to its legacy by winning the Best Annual Report Award 2024, presented by the Institute of Chartered Accountants of Nepal (ICAN). The...
Kathmandu — The Nepal Insurance Authority has initiated preparations to fast-track the resolution of long-pending cases under the leadership of newly appointed Chairman Sebantak Pokharel. In a bid to expedite the process, the Authority plans to mobilize not only...
Kathmandu — The Ministry of Health and Population has revised its decision to remove several hospitals from the list of first service points under the national health insurance program, following widespread protests from health workers, hospital staff, and local...