Kathmandu — Nepal Life Insurance has become the first life insurer in Nepal to generate more than Rs. 13 billion in first-year insurance premiums, setting a new benchmark for the country’s life insurance industry. The milestone comes as the...

Kathmandu — Rina Khatri, Deputy Editor of Beemapost.com, has been honored with the NAFIJ Insurance Journalism Award in recognition of her nearly decade-long contribution to insurance journalism. The award was presented by Minister for Energy, Water Resources and Irrigation...

Kathmandu — Nepal’s 14 non-life insurance companies renewed a total of 673,325 insurance policies during the first nine months of FY2025/26 (2082/83), according to their third-quarter financial statements. The figure represents an increase of 39,770 policies from 633,555 renewals...

US-Israel war on Iran was not a simple conflict over territory or economic issues. Part of it stemmed from historical enmity between the Jewish state and broader Islamic world, following creation of Israel in 1948 in a land that...

Kathmandu — United Ajod Insurance Limited held its 32nd Annual General Meeting (AGM) on Wednesday at Amrapali Banquet in Naxal, Kathmandu, where shareholders approved the company’s financial statements and dividend proposal for FY2024/25. The meeting endorsed the annual report,...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has retained its ‘ICRA NP-IR A’ issuer rating after ICRA Nepal reaffirmed the company’s credit profile and removed the ‘Rating Watch with Negative Implications’ status previously assigned to it. An ‘ICRA...

Kathmandu — The Nepal Insurance Authority has approved a new insurance policy designed to cover losses caused by wildlife attacks, bringing human, agricultural, and property damage under the country’s formal insurance system. The policy will come into effect from...

Kathmandu — The Nepal Insurance Authority has urged Parliament’s Finance Committee to amend the Insurance Act every five years and eliminate inconsistencies between the Act and other prevailing laws, arguing that periodic legislative updates are essential to keep pace...

Kathmandu — Nepal’s leading digital payment platform, eSewa, has expanded access to affordable health insurance through its partnership with Shikhar Insurance, offering the Sahara Health Insurance plan entirely through its mobile app. The digital insurance product provides health and...

Kathmandu — The Nepal Insurance Authority has introduced a new set of regulatory requirements to strengthen the implementation of Nepal Financial Reporting Standard (NFRS) 17, requiring insurers to comply with updated rules governing financial reporting, bonus declarations, annual general...