Busan – The fifth round of negotiations to create a legally binding global treaty on plastic pollution concluded in Busan, South Korea, without finalizing an agreement. Despite initial expectations to deliver the treaty by the end of 2024, nations...

Busan – The fifth session of the Intergovernmental Negotiating Committee (INC-5) commenced on November 27, 2024, with an urgent call to accelerate efforts toward a legally binding treaty to combat plastic pollution. With the December 1 deadline approaching, negotiators...

Kathmandu – As the tenure of Surya Prasad Silwal, Chairman of the Insurance Authority, nears its end, there are growing concerns about the potential distribution of new insurance licenses, particularly in the micro-insurance sector. The distribution of licenses in...

Miami, FL – The Global Insurance Forum (GIF) 2024, hosted by the International Insurance Society (IIS), took place from November 17 to 19 at the Hyatt Regency Miami, bringing together industry leaders, innovators, and policymakers from around the world....

Kathmandu- The Nepal Insurance Authority has directed insurance companies to adopt a standardized format for preparing and publishing financial statements, aiming to ensure consistency and transparency across the industry. Susil Dev Subedi, Director of the Nepal Insurance Authority, informed...

Kathmandu – The Nepal Insurance Authority (NIA) has introduced stricter guidelines for dividend distribution among insurance companies, mandating additional compliance measures before approving dividends. Under these new regulations, insurance companies must meet updated standards, including submitting an audit report...

Kathmandu – As Nepal grapples with increasing natural disasters, including floods, landslides, and earthquakes, the need for a robust, inclusive insurance system has never been more pressing. Insurance, as highlighted at the 2024 International Conference on Inclusive Insurance (ICII)...

Kathmandu – Following the conclusion of the International Conference on Inclusive Insurance (ICII) 2024 in Nepal, it has been announced that the 2025 edition will take place from 13-17 October in Quito, Ecuador. This prestigious event will bring together...

Kathmandu, The second day of the International Conference on Inclusive Insurance (ICII) 2024 is set to highlight critical discussions around global microinsurance trends and the development of inclusive insurance markets. The session will focus on strategies to close the...

Kathmandu, More than Rs 20 million has been collected from insurance companies operating in Nepal for the International Inclusive Insurance Conference 2024, organized by the Nepal Insurer Association, Life Insurer Association, Nepal Micro Insurer Association and Nepal Insurance Authority. ...