Kathmandu – The solvency ratio of life insurance companies in Nepal has reached 2.53 in the second-quarter of current fiscal year. According to the financial statements published by life insurance companies, there has been a slight increase on solvency...

Kathmandu – A significant portion of Nepalese population remains outside the insurance network, with 56.06% of people not accessing any insurance services, according to the recent data from the Nepal Insurance Authority (NIA). As of end of the Magh...

Kathmandu – Citizen Life Insurance Company Limited has scheduled its 8th Annual General Meeting (AGM) for March 28, 2025. The company’s board of directors, in a meeting held on February 28, decided to hold the AGM at Amrapali Banquet,...

Kathmandu – Life insurance companies operating in Nepal have collectively earned Rs 96.01 billion in insurance premiums across all seven provinces in seven months of current FY 2081/82, according to data released by the Nepal Insurance Authority. The earnings...

Kathmandu – The 14 life insurance companies currently operating in Nepal have collectively earned NPR 18.43 billion in new business (first insurance premiums) in the first seven months of the current financial year. This marks a significant growth compared...

Kathmandu – Nepal’s life insurance sector has recorded robust growth in renewal insurance fees, with earnings surpassing NPR 75 billion in the first seven months of the current fiscal year 2081/82. According to data released by the Nepal Insurance...

Kathmandu – Sharad Ojha has officially assumed office as the chairman of the Nepal Insurance Authority following his appointment by the government. The Cabinet meeting held on Monday, under the leadership of Prime Minister KP Sharma Oli, decided to...

  Kathmandu – The government has appointed Sharad Ojha as the new chairman of the Nepal Insurance Authority (NIA) for the next four years. The decision was made during a Council of Ministers meeting held on February 24 under...

Kathmandu – The government has enforced the Insurance Regulations, 2081, introducing stricter policies to improve regulation, management, and transparency in the insurance sector. Under the new regulations, educational qualifications for insurance agents have been revised. Existing agents must have...

Kathmandu – The Nepal government has officially published the new insurance regulations in the gazette, finalizing the long-debated provisions on commission and incentives for insurance agents. The policy, approved by the Cabinet after extensive discussions with the Insurance Authority,...