Kathmandu — The Nepal Insurance Authority has introduced a new set of regulatory requirements to strengthen the implementation of Nepal Financial Reporting Standard (NFRS) 17, requiring insurers to comply with updated rules governing financial reporting, bonus declarations, annual general...

Kathmandu — Reliable Nepal Life Insurance Limited’s IBRD Branch has handed over an insurance claim of Rs. 1.385 million to the family of late Sita Devi Rana under a term life insurance policy. The claim amount was presented to...

Kathmandu — The government has brought an early end to Himalayan Reinsurance’s management of the Foreign Employment Insurance Pool, awarding the responsibility instead to the state-owned Nepal Reinsurance Company as part of its policy to strengthen public-sector enterprises. The...

Kathmandu — Life insurance companies in Nepal collected Rs 107.72 billion in renewal premiums during the first nine months of the current fiscal year 2025/26(2082/83), marking a 9.56% increase from Rs 98.32 billion recorded in the corresponding period of...

Kathmandu – Nepal’s 14 life insurance companies spent a combined Rs 5.1798 billion on employee benefits during the first nine months of FY 2025/26, according to their third-quarter financial statements. The expense, which includes salaries, allowances, bonuses and other...

Kathmandu – Himalayan Life Insurance Limited has announced a reshuffle in its board of directors, with four directors stepping down and two new members appointed to fill the vacancies. Founder shareholders’ representative Saurabh Duggad and public shareholders’ representatives Pramila...

Kathmandu – Term life insurance remains the largest contributor to Nepal’s life insurance industry, accounting for more than 40 percent of the sector’s total premium income. According to the latest data from the Nepal Insurance Authority (NIA), life insurers...

Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the...

Kathmandu — Nepal’s life insurance industry continued to expand its policy loan portfolio during the current fiscal year (2025/26, with total loans issued against life insurance policies exceeding Rs. 97.54 billion by the end of the third quarter. According...

Kathmandu – Rastriya Jeevan beema Company has announced the bonus rate for participating life insurance policies for FY 2026/27, with the declared bonus continuing its downward trend for another consecutive year. Under the newly approved rates, the company will...