Madan Dahal Appointed Acting Chairperson of Nepal Insurance Authority

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...


NEPSE Falls by 33 Points, Insurance Sector Suffers Heavy Losses

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...


Senior Director Kamal Prasad Regmi Takes Charge at Nepal Insurance Authority

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,...


Nepal Insurance Authority’s Chair Surya Prasad Silwal to Face Further Investigation

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...


A Turning Point for the Nepal Insurance Authority: Ending the Culture of Corruption

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...


Finance Ministry to Appoint Acting Chairman for Nepal Insurance 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...


NIA Chairman Surya Prasad Faces Corruption Charges, Leaves Office After CIAA Case

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...


CIAA Files Charge Against NIA Chairman Surya Prasad Silwal For Corruption and Age Fraud

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...


Registration Deadline Announced for High-Level Insurance Conference in Kathmandu

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...


Nepal Insurance Authority Set to Increase License Fees for New Insurance Companies

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...