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...

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...

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...

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...

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...

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...

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...

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...

Kathmandu — Life insurance policies worth over Rs 34.37 billion remain lapsed in Nepal’s insurance sector, according to the 62nd annual report of the Office of the Auditor General. Despite a slight decline in the number of lapsed policies,...

Kathmandu — The Office of the Auditor General Nepal has called on the Nepal Insurance Authority to step up its monitoring efforts after it was found that life insurance companies have yet to settle claims worth over Rs 1.19...