Kathmandu – Insurance companies in Nepal have collectively invested NPR 744 billion in various sectors, with a significant portion placed in bank fixed deposits. Of this, life insurance companies account for NPR 677 billion, while non-life insurance companies have...

Kathmandu – In the aftermath of the devastating floods and landslides that recently impacted Nepal, non-life insurance companies have collectively disbursed over NPR 1.19 billion in advance claims payments to those affected by the disaster. These payments aim to...

Kathmandu – Madan Dahal, the newly appointed Acting Chairman of the Nepal Insurance Authority, has pledged to operate in alignment with the core values and principles of insurance while aiming to expand its scope. Assuming office at the Authority’s...

Kathmandu – The Ministry of Finance has appointed Joint Secretary Madan Dahal as the Acting Chairperson of the Nepal Insurance Authority, ensuring continuity in leadership until a permanent arrangement is made. The Ministry announced the decision on Thursday, assigning...

Kathmandu – The Nepal Stock Exchange (NEPSE) index witnessed a significant decline on Thursday, the final trading day of the week. The index fell by 33.42 points, closing at 2,682 points, resulting in substantial losses for investors across the...

Kathmandu – The Nepal Insurance Authority is currently being managed by Senior Director Kamal Prasad Regmi after a leadership void arose due to the absence of both a chairperson and an executive director. Regmi, being the most senior official,...

Kathmandu – The chair of the Nepal Insurance Authority, Surya Prasad Silwal is under further investigation following allegations of corruption and document forgery. The Commission for the Investigation of Abuse of Authority (CIAA) has formally requested the Central Investigation...

Editorial The recent case of Surya Prasad Silwal, a central figure accused of institutional corruption in Nepal’s insurance sector, marks a pivotal moment for the Nepal Insurance Authority (NIA). With the Commission for the Investigation of Abuse of Authority...

Kathmandu – The Nepal Insurance Authority (NIA), which has been without a chairman since Monday, is set to get a new director who will also serve as the acting chairman. The Ministry of Finance is actively preparing to assign...

Kathmandu – Nepal Insurance Authority (NIA) Chairman Surya Prasad Silwal has been charged with the  corruption case filed by the Commission for the Investigation of Abuse of Authority (CIAA). The case, submitted to the Special Court, accuses Silwal of...