Kathmandu — ICRA Nepal has reaffirmed Citizen Life Insurance Company Limited’s issuer credit rating at ‘BBB+’ (Triple B Plus), signaling a strong capacity to meet financial obligations on time with a relatively low level of financial risk. The rating agency...

New Delhi — India is hosting the 18th BRICS Summit at Bharat Mandapam this weekend, closing out its 2026 chairmanship year with the unanimous adoption of the New Delhi Declaration 2026. Prime Minister Narendra Modi announced the consensus, saying...

Kathmandu — Birendra Badhuwaal Chhetri, president of the Nepal Insurers’ Association and chief executive officer of Siddhartha Premier Insurance, has said that the payment process for small insurance claims will be expedited to provide relief to people affected by...

Kathmandu — Life insurance companies conducted more than NPR 26.62 billion worth of insurance business in the first month of the current fiscal year 2026/27, July. According to data published by the Nepal Insurance Authority, 14 operating life insurance...

Kathmandu — The Nepal Insurance Authority has directed all licensed insurers to update and publicly disclose key institutional information on their websites in accordance with legal provisions on the prevention of money laundering. The Authority’s Anti-Money Laundering Division issued...

Kathmandu — The three micro life insurance companies operating in Nepal collected a total of NPR 101.865 million in premiums during July, the first month of the current fiscal year 2026/27 (2083/84). During the same period of the previous...

Kathmandu — Life insurance companies collected NPR 21.71 billion in renewal premiums during the first month of the current fiscal year 2026/2027(2083/84). This represents a 32.55 percent increase from the NPR 16.38 billion collected during the same period of...

Kathmandu — The Nepal Insurance Authority has released the first-month statistics for life insurance companies for the current fiscal year 2026/27(2083/84). According to the data, insurers’ first premium income increased by 37.87 percent. In the first month of fiscal...

Kathmandu — Life insurance companies generated more than NPR 26 billion in insurance business in the first month of the current fiscal year 2026/87. According to data published by the Nepal Insurance Authority, 14 operating life insurance companies collected...

Kathmandu — The solvency margin ratio, a key measure of financial strength and risk-bearing capacity for companies operating in Nepal’s non-life insurance sector, improved in the fiscal year ended mid-July 2026 (Asar-end 2083 BS) compared with the previous fiscal year...