KATHMANDU, June 10 — A high-stakes military escalation has unfolded in the Middle East after Iran shot down a state-of-the-art U.S. AH-64 Apache attack helicopter over the Strait of Hormuz tuesday. The incident, which occurred at approximately 3:30 AM...

Tehran: Iran’s Football Federation has questioned FIFA over the allocation of tickets reserved for supporters of participating teams at the 2026 World Cup, saying Iranian fans are being prevented from accessing seats they are entitled to under tournament regulations...

Kathmandu – Himalayan Reinsurance Limited has published its financial statements for the third quarter of the current fiscal year (mid-July to mid-April). According to the report, the company recorded a net loss of NPR 44.3 million as of mid-April,...

Kathmandu — Chandrakala Paudel, who has been serving as the acting Chairperson of the Nepal Insurance Authority on behalf of the Government of Nepal, has been transferred as part of a broader reshuffle of senior bureaucrats. The government has...

Kathmandu — Legal cases are set to be filed against around 40 senior figures in Nepal’s insurance sector in connection with an alleged fraud involving more than Rs. 4 billion. The Central Investigation Bureau (CIB) has already submitted its...

Kathmandu — In the first 10 months of fiscal year 2025/26, life and non-life insurance companies have paid out nearly Rs 58 billion in claim settlements. According to data published by the Nepal Insurance Authority for the period up...

Kathmandu — Life insurance companies have once again become increasingly aggressive in selling single-premium life insurance policies, a product widely regarded as unfavorable for the long-term sustainability of life insurance business. According to data released by the Nepal Insurance...

Kathmandu — Representatives from Nepal’s technology sector have called for stronger policy execution, targeted incentives, and closer collaboration between the government and private sector to maximize the opportunities presented by the national budget for Fiscal Year 2026/27. These recommendations...

Kathmandu. Asian Life Insurance Company Limited has announced a waiver of up to 100% on the interest charged for renewing lapsed insurance policies. According to the company, policies that have exceeded six months past the premium due date (fully...

Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the...