Rastriya Beema Company’s Profit Falls 19% as Premium Income Declines

Kathmandu — State-owned Rastriya Beema Company Limited has reported a 19.46% decline in net profit for fiscal year 2025/26, according to its fourth-quarter financial results. The company posted a net profit of NPR 344.4 million for the year, down...


Nepal Life Profit Falls 15% to NPR 465 Million as Insurance Fund Crosses NPR 273 Billion

Kathmandu — Nepal Life Insurance Company Limited, one of Nepal’s leading life insurers, has published its fourth-quarter financial results for the last fiscal year, reporting growth in premium income and its life insurance fund despite a decline in net...


Insurer’s Reinsurance Directive Amended, Reinsurance Provisions Tightened Further

Kathmandu — The Nepal Insurance Authority has made a fourth amendment to the “Insurer’s Reinsurance Directive,  2023/2024.” The directive notes that the most recent amendment took place on August 9, 2026. The purpose of the directive is to systematize...


SuryaJyoti Life Profit Rises 8 % as Insurance Fund Crosses NPR 51 Billion

Kathmandu — SuryaJyoti Life Insurance Company Limited has reported an increase in profit and most of its key financial indicators during the last fiscal year, according to its fourth-quarter financial results. The company’s net profit rose 8.55% year-on-year to...


National Life Sets Growth Agenda, Honors Top Performers at Managers’ Conference

Kathmandu — National Life Insurance Company Limited has concluded its four-day Branch Managers’ Conference at Hotel Manakamana Hillcrest Resort in Manakamana, Gorkha, under the theme “Raising the Bar, Redefining Success.” The conference focused on business expansion, upcoming strategies, challenges...


Sun Nepal Life CEO Returns to Work After CIB Probe

Kathmandu — Sun Nepal Life Insurance CEO Raj Kumar Aryal has returned to work after a four-month investigation by Nepal Police’s Central Investigation Bureau (CIB) found no irregularities against him, according to the company. CIB arrested Aryal on March...


AI Offers Developing Nations like Nepal a Chance to Leapfrog Decades of Development: World Bank Report

Washington —  Artificial intelligence (AI) could help developing countries such as Nepal achieve in a decade what might otherwise take a century, provided governments move quickly to strengthen electricity supply, internet connectivity, digital skills and public institutions, according to...


Nepal Insurance Authority Chair Selection Remains in Limbo

Kathmandu — Two months after applications closed for the appointment of the Chairperson of the Nepal Insurance Authority, the government has yet to disclose the list of applicants or provide an official update on the selection process, raising questions...


Term Life Policies Generate NPR 82.6 Billion in Premiums

Kathmandu — Nepal’s 14 life insurers and three micro life insurance companies collected a combined NPR 204.60 billion in gross written premiums from various life insurance products during the last fiscal year. Term life insurance remained the largest business...


Global Insurance Industry Maintains Strong Growth as Asia and Health Coverage Lead Expansion

World — According to the Allianz Global Insurance Report 2026, the global insurance industry remained on a strong growth trajectory in 2025 despite easing from the exceptional expansion recorded a year earlier, with Asia emerging as the main growth...