India: Insurance Complaints Surge 45% in Q2 2025, Mis-selling and Claim Disputes Lead the List

New Delhi (CNBC) – Complaints related to insurance nearly doubled in the second half of 2025 compared to the first, according to the Q2 2025 Trends Report released by Insurance Samadhan, a privately run grievance redressal platform. The report...


China’s Electric Vehicle Insurance Market Faces Mounting Losses Amid Soaring Claims

Beijing – China’s once-thriving electric vehicle (EV) insurance sector is turning into a major financial burden for insurers, as claim volumes and repair costs surge far beyond expectations. Industry data show that insurers collectively lost 5.7 billion yuan ($802...


AM Best Affirms Credit Ratings of Swiss Reinsurance Company, Reports Strong First-Half 2025 Results

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Swiss Reinsurance Company Ltd (Switzerland) and its rated operating affiliates, all subsidiaries of Swiss Re Ltd...


Heavy Rain Forecast Triggers Disaster Warning Across Nepal

Kathmandu — Meteorologists have warned of a heightened risk of floods and landslides as heavy rainfall is expected to continue across several parts of the country until Sunday morning. The Department of Hydrology and Meteorology (DHM) has urged residents...


Non-life insurance Companies to resume services even during Dashain

Kathmandu – Non-life insurance companies in Nepal have stepped up efforts to settle unprecedented claims worth over Rs 23 billion arising from the damages caused by the ongoing Gen-Z protest that began on Bhadra 23 (September 8). In an...


Life Insurance Premiums Reach Rs 35.99 Billion in Bhadra

Kathmandu – Life insurance and micro life insurance companies in Nepal reported strong business performance in the month of Bhadra of the current fiscal year, with total premium collections amounting to Rs 35.99 billion. According to financial statements released...


Nepal Insurance Authority Amends Governance Directive to Support Reconstruction Efforts

Kathmandu. The Nepal Insurance Authority (NIA) has introduced the second amendment to the Insurance Institutional Governance Directive, 2080, enabling insurance companies to contribute to the reconstruction of structures damaged during the Gen-Z protest as part of their social responsibility...


Life Insurance Companies in Collect Rs 3.26 Billion in Bhadra, Marking strong Growth

Kathmandu – Life insurance companies in Nepal have reported robust growth in new business during the month of Bhadra, with total premiums reaching Rs 3.26 billion, marking a significant increase compared to the previous fiscal year. According to data...


Micro Life Insurance Sector Collects Rs 156.4 Million Premiums in First Two Months of Current FY

Kathmandu – Micro life insurance companies in Nepal have collected a total insurance premium of Rs 156.4 million in the first two months of the current fiscal year, reflecting steady growth in the sector. According to data released by...


Micro Non-Life Insurance Report Rs 165 Million Premium in First Two Months of Current FY

Kathmandu – Micro non-life insurance companies in Nepal have recorded promising growth in the first two months of the current fiscal year, earning a total insurance premium of Rs 165 million. According to data released by the Nepal Insurance...