Kathmandu — A government ordinance issued today has led to the removal of Ganesh Pandey, the only non-staff board director of the Nepal Insurance Authority. Pandey, a former secretary, had been appointed under Section 6(1) of the Insurance Act...

Kathmandu – Suryajyoti Life Insurance Company Limited has released its third-quarter financial results for the current fiscal year, covering the period up to mid-April (end of Chaitra). The report shows broad-based growth across most financial indicators compared to the...

Kathmandu — Nepal Insurance Authority has issued the Insurance Surveyor Directive 2026. The directive aims to make the work of surveyors more systematic, competitive, and reliable while ensuring professional integrity, transparency, and accountability in the fair and accurate assessment...

Kathmandu — Nepal Insurance Authority has issued the Insurance Agent Directive 2026. The directive has been introduced under Section 166 of the Insurance Act 2022 to make the functioning of insurance agents more systematic, professional, transparent, and accountable. Under...

Kathmandu — Nepal Insurance Authority, the regulatory body of the insurance sector, has been prioritizing the resolution of insurance-related complaints and dispute petitions. Despite delays in leadership appointments, the authority has recently stepped up efforts to address pending and...

Kathmandu — It has come to light that Ashok Kumar Khadka, the CEO of Neco Insurance Company, in which the Government of Nepal holds more than a 21 percent indirect stake, has accumulated enormous wealth worth millions of rupees....

Kathmandu, April 2026 — The total value of life insurance policy surrenders has exceeded NPR 10 billion by the end of the third quarter of the current fiscal year. According to the latest “Insurance Snapshot” published by the Nepal...

Kathmandu – Commercial banks have reported an improvement in earnings per share (EPS), according to third-quarter financial reports for the current fiscal year 2025/26 (up to mid-April). The average EPS of banks stood at NPR 17.01 during the period,...

Kathmandu – Himalayan Laghubitta Financial Institution has released its financial results for the third quarter of the current fiscal year, covering the period up to mid-April. The company reported a net profit of NPR 81 million for the period,...

Kathmandu — National-level development banks have collectively earned over Rs. 5.5 billion in profit within nine months. The eight operating national-level development banks earned a total profit of Rs. 5.50 billion in the third quarter of the current fiscal...