Kathmandu — The Nepal Insurance Authority has begun reviewing the implementation of the Risk-Based Capital (RBC) framework, two years after its rollout, as it prepares to refine the system based on industry feedback and practical experience. To support the...

Kathmandu — A growing leadership void is casting a shadow over Nepal’s insurance sector, with six insurers across the life, non-life, reinsurance and microinsurance segments continuing to operate without permanent chief executive officers. The lack of executive leadership has...

Kathmandu — The Nepal Rastra Bank (NRB) has unveiled a series of regulatory and structural reforms through its Monetary Policy for FY 2083/84, aimed at making the country’s financial system more resilient, efficient and customer-centric. The policy introduces measures...

Kathmandu – Nepal’s 14 life insurance companies spent a combined Rs 5.1798 billion on employee benefits during the first nine months of FY 2025/26, according to their third-quarter financial statements. The expense, which includes salaries, allowances, bonuses and other...

Kathmandu – Nepal’s microfinance sector is coming under increasing financial strain as a growing number of lenders struggle to meet regulatory capital requirements, raising concerns over their ability to sustain future lending. According to data published by the Nepal...

Kathmandu – Term life insurance remains the largest contributor to Nepal’s life insurance industry, accounting for more than 40 percent of the sector’s total premium income. According to the latest data from the Nepal Insurance Authority (NIA), life insurers...

Kathmandu — Representatives of Nepal’s insurance agents have urged Nepal Rastra Bank (NRB) Governor Bishwo Nath Poudel not to move forward with proposals to revive the bancassurance model, arguing that its return would undermine the livelihoods of insurance agents and...

Kathmandu — Nepal Insurance Authority (NIA) has begun consultations with insurance and reinsurance industry stakeholders to expedite the implementation of insurance-related measures announced in the government’s budget for fiscal year 2026/27. The Authority on 30 June held discussions with representatives...

Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the...

Kathmandu – Motor insurance continued to dominate Nepal’s non-life insurance market during the first 11 months of the current fiscal year, accounting for the largest share of insurers’ total business. Backed by the growing number of vehicles on the...