Kathmandu — In the first 10 months of fiscal year 2025/26, life and non-life insurance companies have paid out nearly Rs 58 billion in claim settlements. According to data published by the Nepal Insurance Authority for the period up...

Kathmandu — Life insurance companies have once again become increasingly aggressive in selling single-premium life insurance policies, a product widely regarded as unfavorable for the long-term sustainability of life insurance business. According to data released by the Nepal Insurance...

Kathmandu — Representatives from Nepal’s technology sector have called for stronger policy execution, targeted incentives, and closer collaboration between the government and private sector to maximize the opportunities presented by the national budget for Fiscal Year 2026/27. These recommendations...

Kathmandu. Asian Life Insurance Company Limited has announced a waiver of up to 100% on the interest charged for renewing lapsed insurance policies. According to the company, policies that have exceeded six months past the premium due date (fully...

Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the...

Kathmandu — Two officials from the Nepal Insurance Authority have submitted applications for the position of Chairperson following the government’s call for applications for the appointment of a new head of the insurance regulator. Director Kamal Prasad Regmi and...

The deadly attacks carried out across Balochistan on January 31, which left dozens of civilians and security personnel dead, have renewed attention on the changing nature of the Baloch Liberation Army (BLA), a group whose tactics and operations have...

Kathmandu — The government has increased the tax imposed on the income of insurance agents. Through the Finance Bill tabled in Parliament alongside the budget for the upcoming fiscal year, the tax rate on insurance agents’ income has been...

Kathmandu — Unlike previous years, when the budget primarily focused on health insurance while only broadly addressing the insurance sector, this year’s budget appears somewhat different. It seems to place greater emphasis on reforms for non-life insurance companies rather...

Kathmandu — This year’s national budget has introduced a broader and more interventionist approach to Nepal’s insurance sector, moving beyond the traditional focus on health insurance and placing greater emphasis on strengthening non-life insurance and domestic reinsurance capacity. While...