Kathmandu – Nepal’s non-life insurance sector witnessed a steady growth of 6.77% in the fiscal year 2082/83, according to data released by the Nepal Insurance Authority. The country’s 14 non-life insurance companies collectively generated a business volume of Rs...

Kathmandu — Nepal’s life insurance sector has recorded significant growth in the last fiscal year, with total premiums collected reaching Rs 181.42 billion by the end of Ashar, according to the financial statements published by the Nepal Insurance Authority...

Kathmandu — The 14 non-life insurance companies operating in Nepal collectively recorded a business volume of nearly Rs 44 billion in the last fiscal year 2081/82, according to financial statements released by the Nepal Insurance Authority. During the period,...

Kathmandu — Prabhu Insurance Limited concluded it’s 29th Annual General Meeting (AGM), held today at Prabhu Complex, Koteshwor, Tinkune. The company made significant decisions for its shareholders during the meeting. The meeting endorsed a proposal to distribute 18 percent...

Kathmandu — Nepali insurance companies will now be able to make payments for specialist services to individuals in India without prior approval from the Nepal Rastra Bank (NRB). The central bank has introduced this change through significant amendments to...

Kathmandu — General Insurance Association of Nepal (GIAN) has urged the Insurance Authority (NIA) to address pressing challenges in the country’s insurance system, emphasizing the need for policy reforms that could enhance investor confidence and improve operational efficiency. In...

As the world continues to grapple with intensifying climate-related disasters, the Swiss Re Institute has reported a marked rise in global insured and economic losses for the first half of 2025, with warnings that the year’s total could exceed...

Kathmandu — The Nepal Insurance Authority has begun drafting a new guideline on money laundering as part of the national effort to remove Nepal from the Financial Action Task Force (FATF) grey list. The move follows a 9-point directive...

Kathmandu — Sanima Reliance Life Insurance Limited successfully concluded its three-day annual event, Bravo Annual Concave 2082, at the Pokhara Grand Hotel. The grand gathering brought together branch managers from across the country to celebrate achievements and chart a...

Kathmandu — Pakistan-based Habib Bank Limited has agreed to sell its entire stake of founder shares in Himalayan Bank Limited to National Life Insurance Company Limited. The transaction, involving 28,012,447 units of founder shares, has been proposed at a...