Zurich — The Swiss Re Institute has warned that recent US tariff policies are expected to slow global GDP growth to 2.3% in 2025, down from 2.8% in 2024. The resulting uncertainty is also set to dampen global insurance...

Kathmandu — The Government of Nepal has announced a significant increase in the health insurance coverage for citizens enrolled in the national health insurance program. Starting from Shrawan 1 (July 17), insured individuals will be eligible to receive treatment...

Tokyo (ANN) — Japan’s Health, Labour and Welfare Ministry is planning to allow local governments to collect national health insurance premiums in advance from foreign residents in certain areas, in a bid to curb non-payment issues. Foreigners living in...

Kathmandu — As part of its corporate social responsibility, Sanima GIC Insurance Limited has provided educational and sports materials to three schools in Pokhara Metropolitan City, Gandaki Province. On Ashar 23 (July 7), the company handed over 15 sets...

Kathmandu – In a significant step towards enhancing cultural diplomacy and people-to-people (P2P) engagement, the Embassy of Pakistan in Nepal today hosted the launch ceremony of a Nepali-language book titled ‘Pakistanka Boudha Sampadaharu’, focused on Pakistan’s rich Buddhist heritage....

athmandu – The recent flooding triggered by continuous heavy rainfall has inflicted significant damage on the Rasuwagadhi Hydropower Project in Rasuwa district, with insurance companies facing difficulties in assessing the losses due to logistical disruptions. According to Naranath Neupane,...

Kathmandu — The domestic stock market witnessed a notable upswing on Wednesday, with the NEPSE index climbing by 23.99 points to settle at 2707.85 points. This fourth trading day of the week brought positive momentum across several sectors, with...

Kathmandu — Asian Life Insurance Company Limited has received a major credit boost as Infomerics Credit Rating Nepal Limited upgraded its issuer rating to Single A (Issuer) from the earlier Single A Minus (Issuer). The upgrade reflects the company’s...

Kathmandu – Prabhu Insurance Limited has announced the convening of its 29th Annual General Meeting (AGM), scheduled for Friday, 23rd Shrawan (August 8), at 11 a.m. The meeting will be held at Prabhu Complex, Tinkune, Kathmandu, as per the...

The global cyber insurance sector is projected to continue its stable growth trajectory in 2025, buoyed by rising SME demand, regulatory momentum, and technological innovation in underwriting, according to AM Best. Despite a softening market since 2023 due to...