Nepal Insurance Authority Engages Non-Life Insurance Leaders in Dialogue on Sector Reforms

Kathmandu – The Nepal Insurance Authority (NIA) organized a high-level interaction program on Tuesday in Kathmandu with chairpersons and board members of non-life insurance companies to address pressing issues in the insurance sector and chart a path toward institutional...


Life Insurance Coverage in Nepal Reaches Record High at 47.39 Percent

Kathmandu – Life insurance coverage in Nepal has reached an all-time high, with 47.39 percent of the population now under some form of life insurance protection, according to the latest data published by the Nepal Insurance Authority (NIA) as...


IME Life Insurance Partners with Meditech Hospital to Offer Discounts for Policyholders, Agents, and Staff

Kathmandu – IME Life Insurance Company has entered into a partnership with Meditech International Hospital and Research Center, Butwal, to provide special discounts on healthcare services to its policyholders, agents, and employees. Under this collaboration, individuals insured by IME...


Japan Set to Mandate Health Insurance for International Tourists

Tokyo – Japan is preparing to introduce stricter entry regulations for foreign tourists, aiming to address the growing issue of unpaid medical bills left by visitors. The proposed measures may require travelers to provide proof of medical insurance prior...


Insurance Regulations 2081 Set for Amendment Following Agent Protests

Kathmandu – The Nepal Insurance Authority has agreed to amend the Insurance Regulations 2081 following sustained pressure from insurance agents who claimed the provisions undermined their profession. An agreement was reached on Saturday, Jestha 17 (May 31), between the...


Life Insurance Premium Collection Reaches Rs 140.35 Billion, Bagmati Province Leads

Kathmandu — Life insurance companies in Nepal have collected a total of Rs 140.35 billion in premiums from various policy types by end of Baisakh (mid-May) of the current fiscal year. The collection comes from the sale of all...


Prabhu Mahalaxmi Life Insurance Reveals Major Shareholders, Approves Annual Report

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has successfully concluded its eighth annual general meeting, during which shareholders approved the company’s annual report for the previous fiscal year and passed several important resolutions. The annual report revealed that some...


Last Day to Secure Dividend from Himalayan Life Insurance

Kathmandu -– Shareholders of Himalayan Life Insurance Limited must be registered by today, 27th Jestha (June 10), to be eligible for the company’s proposed dividend and to participate in its upcoming Annual General Meeting (AGM). The company has announced...


Thai Insurers Urge Caution Amid Mounting EV Risks

Bangkok – Thailand’s non-life insurance sector is on alert as concerns escalate over the growing risks associated with electric vehicle (EV) insurance. Industry leaders are urging caution following reports that a Chinese EV manufacturer active in the Thai market...


Global Momentum Builds on World Environment Day 2025 to Tackle Plastic Pollution

Jeju, Republic of Korea – In a sweeping show of global unity, millions of people across continents marked World Environment Day with a common goal: to end plastic pollution and restore ecosystems. The official ceremony highlighted the urgency of...