Nepal Insurance Authority Begins Monthly Publication ‘Beema Pratibimba’

Kathmandu — In a move aimed at strengthening transparency, accountability, and informed policymaking in Nepal’s insurance landscape, the Nepal Insurance Authority (NIA) has officially commenced the monthly publication of an analytical statistical report titled ‘Beema Pratibimba’ (Insurance Reflection). The...


Shikhar Insurance Earns ‘Double A Minus’ Rating, Emerges as Nepal’s Strongest Non-Life Insurer

Kathmandu — Shikhar Insurance Company Ltd. has secured a ‘Double A Minus’ credit rating from ICRA Nepal, marking it as the strongest and most secure non-life insurance company in the country outside of government and foreign investment. According to...


Supreme Court to Hear Nepal Insurance Authority Chairmanship Dispute from 19th Jestha

Kathmandu — The Supreme Court has scheduled a hearing on the eligibility dispute surrounding Sharad Ojha, Chairman of the Nepal Insurance Authority, for 19th Jestha (June 2). A joint bench comprising Chief Justice Prakash Man Singh Raut and Justice...


Insurance Companies in Nepal Invest Over Rs 800 Billion in Various Sectors

Kathmandu – Insurance companies in Nepal have invested over Rs 800 billion across various sectors during the third quarter of the current fiscal year, according to the Nepal Insurance Authority. Life insurance companies have made a total investment of...


Insurance Access in Nepal Reaches 44.64%, Majority Still Uncovered

Kathmandu — Access to insurance coverage in Nepal has climbed to 44.64% of the population, according to the latest data from the Nepal Insurance Authority (NIA). Despite the progress, more than half citizens still lack insurance access. As per...


Will the Budget Address Unpaid COVID-19 Insurance Claims?

Kathmandu — As the government prepares to unveil the federal budget for fiscal year 2082/83 by Jestha 15, concerns are mounting within the insurance sector over the unresolved issue of unpaid COVID-19 insurance claims. Despite four years having passed...


Bangladesh Adviser Sharmeen S. Murshid Addresses Sagarmatha Sambaad, Meets Nepalese PM

Kathmandu – Adviser to the Ministry of Social Welfare and Ministry of Women and Children Affairs of Bangladesh, Ms. Sharmeen S. Murshid, delivered a compelling national statement at the inaugural edition of “Sagarmatha Sambaad,” Nepal’s permanent global dialogue forum...


Dr. Biswo Nath Poudel Appointed as Governor of Nepal Rastra Bank

Kathmandu — The Government of Nepal has appointed Dr. Biswo Nath Poudel as the new Governor of Nepal Rastra Bank. A meeting of the Council of Ministers held on Tuesday endorsed his name, making him the 18th Governor of...


Early Monsoon Arrives, But Is Nepal’s Insurance Sector Ready to Weather the Storm?

The skies over Nepal have turned grey earlier than expected this year. The familiar rhythm of monsoon showers has arrived ahead of schedule, prompting concern rather than relief. According to a regional consensus among South Asian meteorologists, Nepal is...


Supreme Court Demands Cabinet File on Nepal Insurance Authority Chief’s Appointment

Kathmandu — The Supreme Court has ordered the retrieval of the original file from the Council of Ministers concerning the appointment of Sharad Ojha as Chairman of the Nepal Insurance Authority. The order was issued by a joint bench...