Kathmandu — The government has unveiled an ambitious expansion plan for Nepal’s insurance sector through the national budget for fiscal year 2026/27, with major policy measures targeting health, agriculture, transport, housing, labor protection and disaster risk management. Presenting the...

Kathmandu — Insurance companies operating in Nepal will once again be required to place 20 percent of their total insured risk with the state-backed Nepal Reinsurance Company under a new budgetary provision announced by the government. Finance Minister Swarnim...

Kathmandu — The amount withdrawn from life insurance companies through policy surrenders has exceeded Rs 11.60 billion in the first 10 months of the current fiscal year, according to the latest insurance sector report published by the Nepal Insurance...

Kathmandu — Health insurance enrollment assistants across Nepal have launched an indefinite pen-down strike, saying long-standing problems within the national health insurance program remain unresolved and accusing the government and the Health Insurance Board of ignoring their concerns. The...

Kathmandu — The recommendation committee formed to nominate candidates for appointment as Chairperson of the Nepal Insurance Authority has officially invited applications. The committee published a public notice on May 27, 2026 calling for eligible candidates to apply for...

Kathmandu — Life insurance companies operating in Nepal generated NPR 120.72 billion in renewal premium income during the first ten months of fiscal year 2025/26 (2082/83). According to financial data released by the Nepal Insurance Authority, the country’s 14...

Kathmandu — Nepal’s life insurance industry recorded a sharp rise in new business generation during the current fiscal year, with first-year premium income increasing by 29 percent year-on-year. Life insurers generated a total of NPR 35.45 billion in first-year...

Kathmandu — Nepal’s life insurance industry recorded solid growth during the current fiscal year, with life insurers collectively generating NPR 156.17 billion in gross written premiums by the end of mid-May 2026 (through Baisakh of FY 2082/83). According to...

Kathmandu — Despite completing a valuation exercise that reportedly took nearly two years to finish instead of the usual one, Nepal Reinsurance Company has yet to hold its Annual General Meeting (AGM), with internal accounting issues said to be...

Kathmandu — The Nepal Insurance Authority is preparing to amend the Insurance Claims Settlement Guidelines, 2024, saying the current framework needs updating to better reflect evolving market conditions and emerging challenges in claims processing. Unlike previous revisions, the Authority...