Supreme Court Questions Insurance Authority, SEBON’s Regulatory Oversight

Kathmandu — The Supreme Court has raised serious concerns over the regulatory oversight exercised by the Nepal Insurance Authority and the Securities Board of Nepal (SEBON), stating that both institutions failed to discharge their statutory responsibilities in accordance with...


Nagdhunga Tunnel Inaugurated as Nepal Enters Tunnel Era

Kathmandu — The Nagdhunga–Sisnekhola Tunnel officially opened on Monday, marking a major milestone in Nepal’s transport infrastructure development. The tunnel was inaugurated during a special ceremony attended by Minister for Infrastructure Development Sunil Lamsal, Japanese Ambassador to Nepal Maeda...


National Life Honors 300 Top Agents, Hosts Advanced Training Program

Kathmandu — National Life Insurance Company has honored around 300 high-performing agents who achieved the targets set under its monthly incentive scheme for April/May 2026, alongside organizing a specialized training and recognition program at Hotel Royal Tulip in Lalitpur....


Supreme Court Rules Himalayan Re’s Premium IPO Was Not Issued in Compliance with Law

Kathmandu — The Supreme Court of Nepal has ruled that the issuance of Himalayan Reinsurance Limited’s initial public offering (IPO) at a premium price was not carried out in accordance with the law. In its recently published full verdict,...


Insurance Authority Mandates Digital Claims Tracking System Within Three Months

Kathmandu — The Nepal Insurance Authority has directed insurance companies to introduce a digital claims tracking system within the next three months, aiming to make the claims settlement process more transparent, efficient, and customer-friendly. Under the new system, policyholders...


Nepal Re Posts Rs. 5.84 Billion Loss as Claims Surge and Earnings Decline

Kathmandu — State-owned Nepal Re-insurance Company Limited has reported a net loss of Rs. 5.84 billion for the third quarter of the last fiscal year, marking a sharp reversal from the profit recorded a year earlier. According to the...


Suspended Nepal Micro Insurance CEO Mrigendra Nath Rimal Arrested

Kathmandu — The Central Investigation Bureau (CIB) of Nepal Police has arrested Mrigendra Nath Rimal, the suspended Chief Executive Officer of Nepal Micro Insurance, in connection with alleged offences under the Insurance Act, 2022 and the Securities Act, 2007....


Insurers Roll Out New Products for the Current Fiscal Year, from Cyber and Drone Cover to New Life Plans

Kathmandu — Nepal’s insurance market has long been dominated by products that differ mainly in name while offering largely similar coverage and benefits. That trend, however, is set to shift as several insurers prepare to introduce new products in...


Pakistan’s Bid for Canadian Support on Indus Treaty Restoration Draws no Public Backing

Islamabad — Pakistan failed to secure public support from Canada for its call to restore the Indus Waters Treaty (IWT) with India, as Canadian Foreign Minister Anita Anand made no mention of the issue during or after her visit...


Government Puts 3% Levy on Private Education and Healthcare on Hold

Kathmandu — The government has decided to suspend the implementation of the 3 percent equity levy proposed on private education and healthcare services, citing concerns over its potential impact on the public. The decision was taken following consultations with...