Kathmandu – Nepal’s microfinance sector is coming under increasing financial strain as a growing number of lenders struggle to meet regulatory capital requirements, raising concerns over their ability to sustain future lending. According to data published by the Nepal...

Kathmandu – Nepal Rastra Bank (NRB) has taken regulatory action against six microfinance institutions for violating prudential requirements, with five of them placed under Prompt Corrective Action (PCA) due to inadequate capital adequacy ratios. The institutions placed under PCA...

Kathmandu – Five microinsurance companies whose directors and chief executives have been suspended over insurance and securities-related offences have been instructed to convene Special General Meetings (SGMs) immediately. The Nepal Insurance Authority (NIA) issued the directive after the companies...

Kathmandu — The insurance sector provides a stark example of how extensive political interference has weakened Nepal’s financial institutions. Investigations into alleged misconduct by former Insurance Authority Chairman Surya Prasad Silwal, widely criticized by some as one of the...

Kathmandu — In the first 10 months of fiscal year 2025/26, life and non-life insurance companies have paid out nearly Rs 58 billion in claim settlements. According to data published by the Nepal Insurance Authority for the period up...

Kathmandu — A police investigation has concluded that more than NPR 4 billion was misappropriated from five insurance-related companies, including Himalayan Reinsurance. The investigation has also found that funds collected from insurance operations were diverted and invested in the...

Kathmandu – Nepal’s four micro non-life insurance companies generated a combined Rs 1.10 billion in gross written premiums during the first ten months of fiscal year 2025/26 (up to mid-May 2026), reflecting continued expansion of insurance access in the...

Kathmandu — Most microfinance financial institutions in Nepal have reported a strong improvement in earnings by the third quarter of fiscal year 2025/26 (2082/83). According to the unaudited financial statements released by all 50 listed microfinance companies, the sector’s...

Kathmandu — The chairmen of Guardian Micro Life Insurance and Protective Micro Insurance have reportedly become unreachable amid an ongoing investigation into insurance company share investments. The Department of Money Laundering Investigation has already directed the chairpersons and shareholders...

Kathmandu — The government has amended two provisions of the Insurance Act, 2022 through an ordinance issued yesterday to revise several Nepal Acts. The amendment removes the previously fixed four-year tenure for members under Section 9 of the Act....