Authority Set to Act Against Over Half a Dozen Companies for Policy Manipulation

Kathmandu — The Nepal Insurance Authority has uncovered irregularities while monitoring and investigating more than half a dozen non-life insurance companies. The regulator is preparing to take action against companies found issuing insurance policies at rates that differ from...


MetLife Accused of Misconduct: Running Health Business Under the Name of Insurance, Upgrading App Without Informing the Regulator

Kathmandu – MetLife Nepal has introduced a new update to its “One by MetLife” mobile app, allegedly acting against the principles of insurance. Without informing the regulatory body, the Nepal Insurance Authority, the company added a health risk assessment...


National Insurance Company Urges Policyholders to Claim Pending Payments

Kathmandu — National Insurance Company Limited has called on policyholders to collect payments for claims filed under insurance policies issued during the fiscal years 2019/20 to 2020/21. The company stated that although claims were registered for policies issued during...


Prabhu Insurance to Hold Annual General Meeting for Dividend Approval

Kathmandu — Prabhu Insurance Limited has scheduled its 30th Annual General Meeting (AGM) for April 22 at 11:00 am. The meeting will take place at the company’s head office, Prabhu Complex in Tinkune, Kathmandu, following a board meeting held...


All But Three Insurance Companies Hold AGMs on Time

Kathmandu — Insurance companies that had long struggled to conduct their annual general meetings (AGMs) on schedule are now showing improvement. Due to repeated directives from the Insurance Authority in recent years and ongoing coordination with companies, all but...


Directive Revised After Foreign Reinsurance Brokers Fail to Comply

Kathmandu — The Nepal Insurance Authority has revised the Reinsurance Directive for Insurers, 2023 after foreign reinsurance brokers failed to establish branch offices in the country. The Authority had earlier amended the directive in August 2025, requiring brokers to...


Second Fewa Dialogue Concludes in Chengdu, Focuses on Climate, Governance, and Sustainable Development in South Asia

Kathmandu — The second edition of the Fewa Dialogue concluded successfully on Friday in Chengdu, China, marking another step forward in strengthening academic exchange and regional cooperation between China and South Asia. Held from March 26 to 27, the...


Himal Koirala Appointed Company Secretary of National Life Insurance

Kathmandu – National Life Insurance Company Limited has appointed Himal Koirala as its new Company Secretary. Previously serving as Deputy Administration Manager, Koirala holds a master’s degree in law and brings strong legal expertise to the role. He replaces...


Rajendra Bahadur Chand Unanimously Elected President of National Life Central Insurer Committee

Kathmandu – Rajendra Bahadur Chand has been unanimously elected as President of the National Life Insurer Committee under the Professional Insurance Agents Association Nepal. He was elected during the association’s second national convention, held in Butwal on Friday, where...


Discussion Held on Insurance Challenges and Solutions in Koshi Province’s Transport Sector

Kathmandu – A discussion program on insurance policies, challenges, and solutions in the transport sector of Koshi Province was held today in Biratnagar. The event was organized by the Koshi Province Office of the Nepal Insurance Authority. The program...