Nepal Insurance Authority Issues New Directive to Curb Money Laundering and Terrorist Financing

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...


Insurance Access Reaches Record 48.33% in Nepal

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....


NIICE Hosts Seminar on 70 Years of Nepal–China Relations

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...


Non-Life Insurance Companies Invest Over Rs 67 Billion in FY 2081/82

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...


MetLife Nepal Launches CSR Initiative to Combat Snakebite Risks in Jhapa

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...


Global Cyber Insurance Market to Hit $27 Billion by 2030

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...


Gen Z Embraces AI but Seeks Stability and Work-Life Balance, KPMG Survey Finds

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...


Non-Life Insurance Companies Maintain Strong Solvency Ratios, Prabhu Insurance Tops the List

Kathmandu — Non-life insurance companies operating in Nepal have maintained an average solvency ratio of 3.29, well above the minimum requirement set by the Nepal Insurance Authority. The figure, based on the financial statements of the last quarter of...


Life Insurance Companies Invest Over Rs 757 Billion in FY 2081/82

Kathmandu — Life insurance companies in Nepal invested more than Rs 757.26 billion during the last fiscal year (FY 2081/82), according to financial statements released by the Nepal Insurance Authority. The figure highlights the growing trend of insurers diversifying...


Life Insurance Companies Spend Over Rs 14.80 Billion on Agent Commissions in FY 2081/82

Kathmandu — Life insurance companies in Nepal collectively spent more than Rs 14.80 billion on agent commissions in the last fiscal year (FY 2081/82), marking a 14.07 percent increase compared to Rs 12.98 billion in the previous year, according...