Kathmandu – Life insurance companies in Nepal have distributed approximately Rs 6.27 billion as commissions to their agents in the current financial year, marking a 7.13 percent increase from the previous year’s figure of Rs 5.85 billion, according to...

Kathmandu – The government is set to implement the classification of insurance surveyors through new insurance regulations. The draft of the regulation, currently in its final stage before publication in the gazette, introduces a three-tier classification system for surveyors...

Kathmandu – The government has introduced a new provision in the insurance regulations to ensure regular monitoring of employees working within the Insurance Authority through an internal control system. Under the new regulation, the chairman of the Insurance Authority...

Kathmandu – The net insurance claim payment arrears owed by non-life insurance companies in Nepal to the insured have reached Rs 9.40 billion, according to financial statements published by 14 non-life insurance companies operating in the country. The data...

Kathmandu – The 14 life insurance companies operating in Nepal have collectively earned Rs 85.90 billion in insurance premiums by the end of the second quarter of the current financial year, according to their recently published financial statements. This...

Kathmandu – Fourteen non-life insurance companies in Nepal collectively owe nearly NPR 40 billion in outstanding claim payments, raising serious concerns about the efficiency and oversight of the Nepal Insurance Authority. According to the financial statements published by these...

Kathmandu – Nepal’s life insurance sector continues to show remarkable growth, with the life insurance fund of 14 life insurance companies reaching Rs. 737.2 billion by the second quarter of the current financial year. According to an analysis on...

Kathmandu – After nearly two years of discussions and disputes, the government has finally approved the Insurance Regulation 2081. The regulation, which had been a major point of contention between the Insurance Authority and agents, introduces new provisions regarding...

Kathmandu – The combined profit of 14 non-life insurance companies in Nepal has dropped significantly by 59.38% in the second quarter of the current financial year. According to the financial statements published by these companies, their collective net profit...

Kathmandu — The life insurance sector in Nepal has recorded significant profit growth in the second quarter of the current fiscal year, with 14 life insurance companies collectively earning a net profit of Rs 3.48 billion. According to the...