Kathmandu – Commercial banks in Nepal paid nearly Rs 33 billion in income tax to the government during the last fiscal year 2081/82, marking a significant increase compared to the previous year. According to official data, the 20 commercial...

Asia’s reinsurers are increasingly expanding into mature overseas markets to diversify risk and better manage underwriting cycles, according to a new report by AM Best. The report, Asia in Focus: A Two-Way Street for Reinsurance Diversification, shows that most...

Kathmandu – Sanima Reliance Life Insurance Limited has announced the sale of 1,347,588 units of its promoter shares. According to the company, the shares have been made available for purchase by the general public, existing promoter shareholders, as well...

Kathmandu – The Nepal Insurance Authority (NIA) has introduced a new directive aimed at preventing money laundering, terrorist financing, and financial investments linked to the production or expansion of weapons of mass destruction. The directive, titled “Directives on Prevention...

Kathmandu — Access to Insurance in Nepal has reached an all-time high of 48.33 percent, marking an increase of 5.06 percentage points compared to the previous fiscal year, according to the latest data released by the Nepal Insurance Authority....

Kathmandu — The Nepal Institute for International Cooperation and Engagement (NIICE) organized a seminar on “70 Years of Nepal–China Relations” at its seminar hall on Thursday, bringing together leading academics, researchers, and policymakers to reflect on the achievements and...

Kathmandu — Non-life insurance companies in Nepal have invested more than Rs 67.23 billion across various sectors during the fourth quarter of the last fiscal year 2081/82, according to the latest data published by the Nepal Insurance Authority. The...

Kathmandu — MetLife Nepal, in collaboration with the Kankai Sahara Snakebite Treatment Center in Jhapa, has launched a Corporate Social Responsibility (CSR) initiative aimed at addressing the growing threat of snakebites in the region. Snakebites remain a significant public...

The QualRisk Cyber Insurance Center (QCC) has unveiled its 2025 Global Market Report (GMR), highlighting a dramatic shift in the global cyber insurance industry. According to the report, global premiums are projected to climb $27 billion by 2030, and...

New York (KMPG) – A new survey by KPMG LLP reveals that while Generation Z (Gen Z) interns anticipate rapid technological change, they remain optimistic about adapting to artificial intelligence (AI) in the workplace. According to the KPMG Intern...