Kathmandu — Citizen Life Insurance Company Limited has paid a total of NPR 753.67 million in insurance claims to policyholders during the first nine months of the fiscal year 2025/26. According to the company, the payments were made in...

Kathmandu — After receiving reports that many employees in insurance companies may have submitted fake academic certificates, the Insurance Authority has launched an investigation and is moving ahead with immediate disciplinary action. There have been repeated complaints suggesting that...

Kathmandu – The government led by Balen has decided to expand the jurisdiction of the anti-corruption authority to allow strict investigation of corruption in the private sector. The proposal is included in the draft Anti-Corruption Strategy for 2025 to...

Kathmandu — A third former head of the Nepal Insurance Authority has become embroiled in a corruption case. Janak Raj Sharma, a joint secretary who served as acting chairman after the government dismissed then-chairman Sharad Ojha, is now under...

Kathmandu — The government’s decision to introduce a two-day weekend on Saturdays and Sundays, citing a fuel shortage, has created challenges in Nepal’s insurance sector after being enforced across insurance companies. The policy is expected to inconvenience policyholders. Even...

Kathmandu — IMF Managing Director Kristalina Georgieva has called for greater international coordination to ease mounting pressure on the global economy stemming from the ongoing conflict in the Middle East. Speaking at the opening session of the 2026 Spring...

Kathmandu — The Nepal Insurance Authority has approved 21 new insurance policies and 12 new supplementary (rider) contracts by mid-March of the current fiscal year 2025/26. According to the Authority, only life insurance companies have received approvals for rider policies....

Kathmandu — The 8th National Convention (formerly the 3rd) of the Professional Insurance Agents’ Association Nepal, affiliated with the National Trade Union Federation, began on Friday with a grand inauguration in Basundhara. Held under the theme “Unity of Agents...

The Asian Development Bank has warned that the escalating Middle East conflict is increasingly undermining economic prospects across Asia and the Pacific, with rising energy prices, supply disruptions, and financial volatility expected to slow growth and push inflation higher...

Kathmandu — A dispute has intensified between the Nepal Insurance Authority and the Employees Provident Fund (EPF) over cross-shareholding in insurance companies, particularly concerning ownership levels that exceed the regulatory threshold. The issue gained attention after the Auditor General’s...