Kathmandu – The Government of Nepal is preparing to establish a massive Alternative Development Finance Fund worth Rs. 100 billion, with significant investment participation from insurance companies and other major institutional investors. According to a bill proposed by the...

Kathmandu – A high-level discussion on health insurance policies and systems was held on Monday between the Nepal Insurance Authority (NIA) and the Sichuan Health Security Administration in Chengdu, Sichuan Province, China. The bilateral meeting focused on health insurance sustainability, service accessibility, and...

Kathmandu – In a landmark move to bolster data privacy and cybersecurity frameworks in the Asian region, Singapore-based Data Protection Experts Asia Sdn Bhd (DPEX Asia) and Nepal’s leading cybersecurity firm, One Cover Pvt. Ltd., have signed a Memorandum...

Kathmandu – MetLife Nepal has introduced a new insurance plan, ‘Double Protection Plus (DPP)’, marking a first-of-its-kind offering in the country that integrates high insurance protection with long-term savings benefits. The insurance plan which was launched at a special...

Kathmandu – Shikhar Insurance has been awarded the ISO/IEC 27001:2022 certification, a globally recognized standard for information security management systems. The ISO/IEC 27001:2022 certification is a testament to Shikhar Insurance’s adherence to international standards in its policies, procedures, and...

Kathmandu – As Nepal’s streets hum with the quiet promise of electric vehicles (EVs), another shift is gaining traction beneath the surface — one that’s less visible but equally vital. The rise of EV insurance is quietly rewriting the...

Meerut (TOI) – Three months after an insurance multi-crore insurance fraud case that surfaced earlier this year, the Sambhal police have filed an 800-page chargesheet against 11 accused from Uttar Pradesh, Bihar, and Jharkhand in India. The scam, dubbed...

Kathmandu — A delegation from the Nepal Insurance Authority, led by Chairman Sharad Ojha, is set to depart for Shanghai, China, to participate in a high-level seminar organized by the International Association of Insurance Supervisors (IAIS) today. The delegation...

Kathmandu — Insurance companies have begun releasing payments to cover damages from the Tinkune incident that struck Kathmandu Valley on Chaitra 15 (March 28). According to the Nepal Insurance Authority, a total of Rs 45.96 million in claims have...

The first quarter of 2025 has seen an alarming surge in economic losses from natural disasters, with damages reaching an unprecedented $83 billion globally, according to risk and reinsurance broker Aon. The bulk of this devastation was concentrated in...