Kathmandu – Surya Prasad Silwal, Chairman of the Nepal Insurance Authority, has been charged with the  serious allegations of corruption. The Commission for the Investigation of Abuse of Authority (CIAA), filed a case against Silwal in the Special Court...

Kathmandu – The Nepal Insurance Authority (NIA) has announced the registration deadline for the highly anticipated 7th Asia-Pacific High-Level Meeting on Insurance Supervision (HLM) and the 19th AFIR Annual Meeting & Conference (AMC), scheduled to take place from January...

Kathmandu – The Nepal Insurance Authority is preparing to introduce a significant hike in the license fees for new insurance companies. Currently, the license fee to register a new company stands at Rs 50,000, as mandated by the Insurance...

Kathmandu – The International Association of Insurance Supervisors (IAIS) has taken a monumental step in shaping the future of global insurance regulation. At its annual meeting held on December 5 in Cape Town, South Africa, attended by over 200...

The United Nations Environment Programme (UNEP) is set to announce the recipients of the 2024 Champions of the Earth award next week, celebrating six extraordinary individuals and initiatives making transformative contributions to combat land degradation and build resilience against...

Kathmandu – Nepal’s life insurance sector has reported a significant rise in policy surrenders, with total terminations reaching nearly Rs 5 billion by the end of the Kartik month (Mid-November) of the current fiscal year. According to the Nepal...

Kathmandu – Kamala Adhikari, an agency manager at Citizen Life Insurance’s Tokha branch, is setting an inspiring example of balancing entrepreneurship and the insurance profession. With determination, hard work, and family support, she has established herself as a successful...

Kathmandu – The Ministry of Finance has instructed Rastriya Jeewan Beema Company Limited to finalize its pending audits within four months. The directive was issued during a meeting at the Ministry of Finance, led by Deputy Prime Minister and...

Kathmandu – Vice President Ram Sahaya Prasad Yadav has urged the Qatari government to introduce 24-hour insurance coverage for Nepali migrant workers and extend humanitarian support to those facing difficulties in Qatar. During a meeting with Qatari Ambassador to...

Busan – The fifth round of negotiations to create a legally binding global treaty on plastic pollution concluded in Busan, South Korea, without finalizing an agreement. Despite initial expectations to deliver the treaty by the end of 2024, nations...