Kathmandu — Insurance companies have paid more than Rs 821.3 million, including advance payments, to settle claims for damage to physical infrastructure, vehicles and other property caused by the devastating floods in the Bhotekoshi and Trishuli rivers in Rasuwa...

Kathmandu — The Professional Insurance Agents Association Nepal has demanded an immediate halt to cuts in incentive payments to agents after life insurance companies began reducing the amounts they provide. The association has objected to what it says is...

Bangkok – The UN Environment Program (UNEP) has set out how the global plastic pollution treaty would be adopted and opened for signature. Presenting the process on 26 September, Stadler Trengove, UNEP’s principal legal officer and chief of its...

Kathmandu – CARE Ratings Nepal has reaffirmed Sun Nepal Life Insurance Company’s ‘CARE-NP Triple B Plus’ issuer rating, pointing to steady premium growth, a sound investment portfolio, reinsurance support and solvency well above the regulatory minimum. The rating signals...

Paris – A wave of protests over rising prices and struggling schools turned destructive this weekend. France is now tallying burned public buildings, ransacked shops and thousands of arrests. Officials put Saturday’s turnout at roughly 550,000, while organizers claimed 800,000....

Washington – The rule of law weakened in more countries than it strengthened for the ninth consecutive year, according to the World Justice Project’s 2026 Rule of Law Index, which warns that authoritarian practices are becoming entrenched worldwide. The index,...

Kathmandu – Nepal Rastra Bank and several commercial banks have temporarily shut down their websites and some web-based services after a serious vulnerability was identified in PHP, a programming language widely used to run websites and online systems. The...

Kathmandu — Non-life insurance companies in Nepal will continue providing services during the Dashain holiday, keeping selected branches and service counters open with limited staff to assist policyholders. Most non-life insurers have made arrangements to maintain essential services during...

Kathmandu — Vehicle owners can now obtain or renew insurance without visiting a Transport Management Office in person, following a government decision to simplify administrative procedures. The Department of Transport Management said the change was introduced through an amendment...

Bangkok — Thailand brought the 2026 IMF–World Bank Group Annual Meetings to a successful close on Sunday, ending seven days of discussions at the Queen Sirikit National Convention Center that opened on October 12. Participants from across the globe...