Oli Faces Legal Action as Accountability Drive Begins Under New Government

Kathmandu — Former Prime Minister K.P. Sharma Oli, who has been accused of fleeing the scene by helicopter during the Gen-Z protests, has been taken into police custody along with former Home Minister Ramesh Lekhak over their alleged role...


In February, Asian Life, Prabhu Mahalaxmi, and Citizen Life Post Strong Growth; Nepal Life and National Life See Decline

Kathmandu — Life insurance companies in Nepal collected a total of Rs 13.66 billion in insurance premiums in February of the current fiscal year. According to data published by the Nepal Insurance Authority, the 14 operating life insurance companies...


Formation of Nepal Life Damak Branch Committee Under Nepal National Insurance Agents Association

Kathmandu — A new branch committee has been formed at the Damak branch of Nepal Life Insurance Company Limited under the Nepal National Insurance Agents Association. The committee has been established with the aim of uniting all insurance agents,...


Prabhu Insurance Puts 680,000 Promoter Shares Up for Sale

Kathmandu — Prabhu Insurance Company has announced the sale of 680,000 promoter shares held by its founding shareholders. The company has not disclosed a minimum price for the offering. The shares are currently open only to existing promoter shareholders,...


LIC Nepal Upgraded to ‘AA-’ Rating, Highlighting Strong Reliability and Financial Strength

Kathmandu — Life Insurance Corporation Nepal (LIC Nepal), one of the most experienced players in the country’s life insurance sector, has received a rating upgrade. ICRA Nepal has raised the company’s rating to ‘AA-’, up from its previous ‘A...


Non-life Insurance Sector Grows 13%, Shikhar and Sagarmatha Lead, Himalayan Everest Posts Sharpest Growth

Kathmandu — Nepal’s non-life insurance companies expanded their business by 13.11% in the first eight months of the current fiscal year (2025/26), earning over NPR 31 billion in total premium income. According to data up to the end of...


Microfinance Conference Wraps Up with Focus on Youth, Green Finance, and Economic Change

Kathmandu — The Fifth National Microfinance Members’ Conference 2082 has wrapped up in the capital, ending with a nine-point declaration that sets out a forward-looking agenda for the sector. Over two days, participants emphasized expanding entrepreneurship through microfinance and...


Embassy of Pakistan in Kathmandu Marks 86th National Day

Kathmandu, March 23, 2026 The Pakistan Embassy in Kathmandu celebrated today the 86th National Day of Pakistan with a flag hoisting ceremony led by Ambassador H.E. Abrar H Hashmi. On the occasion, messages from Pakistan’s President Asif Ali Zardari,...


Neco Insurance Found to Have Issued Insurance Policies Illegally

Kathmandu — Neco Insurance Company has been found to have prepared and sold insurance policies illegally, targeting farmers in buffer zone areas. The company is reported to have disregarded existing insurance regulations and laws, and is said to have...


Sanima Reliance Life Insurance Marks Its 9th Anniversary Today

Kathmandu — Sanima Reliance Life Insurance Limited is celebrating its 9th anniversary today in Kathmandu. The company was formed on March 23, 2023 following the merger of Sanima Life Insurance and Reliance Life Insurance. Since the merger, the organization...