Non-Life Insurance Premiums Rise By Almost 21% to NPR 9.83 Billion in Two Months: Company-Wise Breakdown

Kathmandu — Fourteen non-life insurance companies collected a combined NPR 9.83 billion in premiums by the end of Bhadra (Aug-Sep) in fiscal year 2026/27, up 20.97% from NPR 8.13 billion during the same period of the previous fiscal year,...


14 Non-Life Insurers Collect More Than NPR 9.83 Billion in Premiums in Two Months

Kathmandu — Fourteen non-life insurance companies collected more than NPR 9.83 billion in total premiums by the end of Aug-Sep in the current fiscal year 2026/27, according to data released by the Nepal Insurance Authority. Sagarmatha Lumbini Insurance led...


Insurance Agents Seek Clarity From Authority on Incentive Payments

Kathmandu — The Professional Insurance Agents Association Nepal has urged the Nepal Insurance Authority to clarify arrangements governing incentive payments to life insurance agents following reports that some companies have reduced them. The association has asked the Authority to...


Health Insurance Board Investigates Maternity Claims Filed Under Names of Male Policyholders

Kathmandu — Records found in the Health Insurance Board’s online system show claims were submitted for maternity and Caesarean section services under the names of male policyholders. The records indicate that claims were filed for insurance payments showing male...


ICAN & Tigg Sign Deal to Give Nepal’s Accountants Free Cloud Software

Kathmandu – The Institute of Chartered Accountants of Nepal (ICAN) and BIC Technology Private Limited, developer of the cloud accounting platform Tigg, signed a Memorandum of Understanding today to promote technology adoption in the accounting profession. Under the deal,...


South Asia to Grow 6.9% this Year, World Bank Says; Nepal Trails at 3.7% After Flood

Washington – South Asia’s economy will grow 6.9 percent this year, faster than earlier forecast, as strong domestic demand shields it from global shocks, according to the World Bank Group. The projection is in the bank’s South Asia Economic...


Siddhartha Premier Insurance Begins Claim Settlements for Bhotekoshi Flood Losses

Kathmandu — Siddhartha Premier Insurance has begun settling claims for property damage caused by the devastating flood in the Bhotekoshi River on August 26. The insurer made its first payment of NPR 6.4 million to Trishuli Fancy Store in...


Laxmi KC Achieves Ninth MDRT Success in 14-Year Insurance Career

Kathmandu — Laxmi KC, an insurance agent who has been working at LIC Nepal’s Bhairahawa branch for the past 14 years, has achieved another major milestone in her professional career. KC has now qualified for the Million Dollar Round...


More Than 732,000 People in Sudurpashchim Enrolled in Health Insurance

Kathmandu — More than 732,000 people in Sudurpashchim Province have enrolled in the health insurance program. According to the Sudurpashchim Provincial Office of the Health Insurance Board, 732,752 people from the province’s nine districts had joined by the end...


Professional Liability Insurance to Become Mandatory for Engineers and Construction Businesses

Kathmandu — Engineers, construction companies and other technical professionals involved in building construction will face personal liability if accidents occur or structures are weakened by technical errors, negligence or carelessness. A bill drafted to amend the proposed Building Act,...