Kathmandu — The Nepal Insurance Authority has directed insurance companies to facilitate the settlement of insurance claims during floods and other disasters, introducing measures to support policyholders affected by such emergencies. The new provisions are intended to simplify the...

Kathmandu – The Nepal Insurance Authority has begun testing an Automatic Surveyor Deputation System that assigns surveyors to insurance claims, replacing the practice of insurers choosing them at their own discretion. The system responds to a long-standing demand of...

Kathmandu — A proposal to increase compensation for passengers killed in air accidents has sparked discussion over the resulting insurance costs and their potential impact on premiums. The Bill on the Liability of Domestic Airlines, 2026, currently under discussion...

Kathmandu — Insurance companies have started making advance claim payments to policyholders affected by the Bhotekoshi floods following the Nepal Insurance Authority’s introduction of a simplified claims procedure. Non-life insurers have so far paid NPR 6.748 million to policyholders...

Kathmandu — The Office of the Prime Minister and Council of Ministers has introduced a system to select insurance surveyors through an automated process, ending the practice of insurance companies choosing surveyors at their own discretion. The initiative follows...

Kathmandu — The Nepal Insurance Authority has introduced a special procedure to speed up insurance claim payments for policyholders affected by the devastating floods that struck Rasuwa, Nuwakot, Dhading, Chitwan and other districts on August 26, 2026. The procedure...

Kathmandu — Insurance companies paid a total of NPR 6.78 billion in claims during the first month of fiscal year 2026/27, with life insurers alone accounting for NPR 5.47 billion. According to data from the Nepal Insurance Authority, life...

Kathmandu — Nepal’s 14 non-life insurance companies sold a total of 3,001,814 insurance policies in fiscal year 2025/26, according to their fourth-quarter financial statements. The number of policies increased by 244,140 from 2,757,674 policies sold by the end of...

Kathmandu — Nepal has called for increased investment in insurance, innovation and resilient infrastructure to reduce the economic and physical losses caused by growing climate-related disasters. Addressing the United Nations General Assembly, Nepal said the risks of floods, landslides,...

Kathmandu — Nepal’s non-life insurance companies, already facing substantial claims from the recent Bhotekoshi floods, are now bracing for further losses amid warnings of heavy rainfall and flooding. Severe flooding in the Bhotekoshi River, which flows through Rasuwa, caused...