Kathmandu — The Supreme Court has raised serious concerns over the regulatory oversight exercised by the Nepal Insurance Authority and the Securities Board of Nepal (SEBON), stating that both institutions failed to discharge their statutory responsibilities in accordance with...

Kathmandu — The Nepal Insurance Authority has directed insurance companies to introduce a digital claims tracking system within the next three months, aiming to make the claims settlement process more transparent, efficient, and customer-friendly. Under the new system, policyholders...

Kathmandu — State-owned Nepal Re-insurance Company Limited has reported a net loss of Rs. 5.84 billion for the third quarter of the last fiscal year, marking a sharp reversal from the profit recorded a year earlier. According to the...

Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in...

Kathmandu — Raju Bhandari, a leading insurance advisor associated with Nepal Life Insurance’s Taplejung branch, has achieved another career milestone after generating Rs 17.896 million in life insurance premiums during the fiscal year 2025/26. The latest achievement surpasses his...

Kathmandu — Nepal Life Insurance has become the first life insurer in Nepal to generate more than Rs. 13 billion in first-year insurance premiums, setting a new benchmark for the country’s life insurance industry. The milestone comes as the...

Kathmandu — Rina Khatri, Deputy Editor of Beemapost.com, has been honored with the NAFIJ Insurance Journalism Award in recognition of her nearly decade-long contribution to insurance journalism. The award was presented by Minister for Energy, Water Resources and Irrigation...

Kathmandu — Nepal’s 14 non-life insurance companies renewed a total of 673,325 insurance policies during the first nine months of FY2025/26 (2082/83), according to their third-quarter financial statements. The figure represents an increase of 39,770 policies from 633,555 renewals...

Kathmandu — The Nepal Insurance Authority has approved a new insurance policy designed to cover losses caused by wildlife attacks, bringing human, agricultural, and property damage under the country’s formal insurance system. The policy will come into effect from...

Kathmandu — The Nepal Insurance Authority has urged Parliament’s Finance Committee to amend the Insurance Act every five years and eliminate inconsistencies between the Act and other prevailing laws, arguing that periodic legislative updates are essential to keep pace...