As the world continues to grapple with intensifying climate-related disasters, the Swiss Re Institute has reported a marked rise in global insured and economic losses for the first half of 2025, with warnings that the year’s total could exceed...

Kathmandu — The Nepal Insurance Authority has begun drafting a new guideline on money laundering as part of the national effort to remove Nepal from the Financial Action Task Force (FATF) grey list. The move follows a 9-point directive...

Kathmandu — Sanima Reliance Life Insurance Limited successfully concluded its three-day annual event, Bravo Annual Concave 2082, at the Pokhara Grand Hotel. The grand gathering brought together branch managers from across the country to celebrate achievements and chart a...

Geneva (AP) — Delegates from across the world have gathered in Geneva this week for the sixth and potentially final round of negotiations to establish a legally binding treaty aimed at ending global plastic pollution. The 10-day session, running...

Cape Town — South Africa is assessing the feasibility of introducing parametric flood insurance for some of its largest cities, following a series of devastating climate-related disasters that have strained public finances and exposed the country’s vulnerability to extreme...

Kathmandu  (AP) — Floods that damaged hydropower dams in Nepal and destroyed the main bridge connecting the country to China show the vulnerability of infrastructure and need for smart rebuilding in a region bearing the brunt of a warming...

Kathmandu — Pakistan-based Habib Bank Limited has agreed to sell its entire stake of founder shares in Himalayan Bank Limited to National Life Insurance Company Limited. The transaction, involving 28,012,447 units of founder shares, has been proposed at a...

Kathmandu — Suryajyoti Life Insurance Company Limited successfully concluded its two-day flagship event, the ‘Star Agency Meet 2082’, in a grand manner at Hotel Mystic Mountain, Nagarkot. Held from Shrawan 18 to 19 (August 3 to 4), the program...

Kathmandu — Nepal SBI Merchant Banking Limited has been reappointed as the official share registrar for Sun Nepal Life Insurance Company Limited. The renewed appointment will take effect from Bhadra 1 (August 17), as per the agreement signed between...

Kathmandu — Prabhu Insurance Limited has once again secured a “Triple B Plus (Issuer)” credit rating from Infomerics Credit Rating Nepal Limited, reaffirming the company’s financial strength and operational stability. The company, which was founded in 1995, has maintained...