Kathmandu — Nepal’s life microinsurance companies collected NPR 197 million in premiums during the first two months of fiscal year 2026/27 (2083/84 BS), up 25.92% from NPR 156.4 million in the same period of 2025/26 (2082/83 BS), according to...

Kathmandu — Nepal’s 14 life insurance companies collected NPR 7.97 billion in first-year premiums during the first two months of fiscal year 2026/27 (2083/84 BS), up 21.82% from NPR 6.54 billion in the same period of 2025/26 (2082/83 BS),...

Kathmandu — The three micro life insurance companies operating in Nepal collected a total of NPR 101.865 million in premiums during July, the first month of the current fiscal year 2026/27 (2083/84). During the same period of the previous...

Kathmandu — Nepal’s three licensed micro life insurance companies generated a combined gross written premium of NPR 1.21 billion in the last fiscal year, reflecting strong growth in the country’s emerging microinsurance sector. According to industry data, the three...

Kathmandu — The Central Investigation Bureau (CIB) of Nepal Police has arrested Mrigendra Nath Rimal, the suspended Chief Executive Officer of Nepal Micro Insurance, in connection with alleged offences under the Insurance Act, 2022 and the Securities Act, 2007....

Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in...

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...