Kathmandu – The Ministry of Health and Population has initiated preparations to formulate a standardized health insurance treatment protocol aimed at eliminating duplication in basic health services. Health Minister Pradeep Poudel has formed a high-level expert committee through a...

Kathmandu – The Nepal Insurance Authority has directed Guardian Micro Life Insurance to halt its plans of issuing 100% right shares, following the company’s controversial move to convene a special general meeting just weeks after its initial public offering...

Kathmandu — The Government of Nepal is preparing to establish an Insurance Information Center (IIC) in a bid to enhance transparency and reduce fraud in the insurance sector. The center will be modelled after the Credit Information Bureau Nepal...

Kathmandu — The Independent Power Producers’ Association of Nepal (IPPAN) has called on the Insurance Authority to act on a long-pending agreement aimed at detariffing insurance premiums for hydropower projects. Despite a mutual understanding reached between IPPAN and the...

Kathmandu — The Nepal Insurance Authority has formally paved the way for licensing insurance aggregator companies through newly framed regulations, marking a significant shift in the country’s insurance landscape. Though yet to be published in the Gazette, the move...

Kathmandu – Siddhartha Premier Insurance Limited has been assigned an [ICRANP-IR] A rating by ICRA Nepal, signifying an adequate degree of safety regarding the timely servicing of financial obligations. The rating, regarded as a significant milestone, is a testament...

Kathmandu – Neco Insurance Limited has successfully allotted 5,030,901.55 units of right shares issued in a 4:1 ratio from Falgun 8 to Chaitra 14 (February 20 – March 27). The allotment took place on Chaitra 31 (April 13). The...

Kathmandu – The Supreme Court has rescheduled the hearing of a writ petition challenging the appointment of the Chairman of the Insurance Authority of Nepal, citing procedural delays. The next hearing has been set for Baisakh 8 (April 21),...

Kathmandu — The post of Governor at Nepal Rastra Bank (NRB) has remained vacant since Chaitra 23 (April 5), raising concerns over procedural delays and legal ambiguities in the appointment process. Despite legal provisions mandating the appointment of a...

Kathmandu — The Nepal Non-Life Insurance Professionals Association has called for critical policy reforms in the insurance sector during a formal meeting with newly appointed Insurance Authority Chairman Sharad Ojha today. The Association Chairman Rajendra Malla, congratulated Chairman Ojha...