Global Insurance Industry Maintains Strong Growth as Asia and Health Coverage Lead Expansion

World — According to the Allianz Global Insurance Report 2026, the global insurance industry remained on a strong growth trajectory in 2025 despite easing from the exceptional expansion recorded a year earlier, with Asia emerging as the main growth...


Micro Life Insurers Grow Premium Income by 53% in FY 2025/26

Kathmandu — Nepal’s three licensed micro life insurance companies generated a combined gross written premium of NPR 1.21 billion in the last fiscal year, reflecting strong growth in the country’s emerging microinsurance sector. According to industry data, the three...


Study Calls for Policy Reforms to Expand Insurance Coverage for MSMEs

Kathmandu — A new study jointly released by the United Nations Development Program (UNDP) Nepal and the Nepal Insurance Authority has called for policy and regulatory reforms to expand insurance coverage among Nepal’s micro, small, and medium-sized enterprises (MSMEs)....


Life Insurers’ Renewal Premiums Rise 9.36%; IME Life and Citizen Life Lead Growth

Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 150.62 billion in renewal premiums during the last fiscal year 2025/26 (2082/83), marking a 9.36 percent increase from NPR 137.73 billion in the previous fiscal year 2024/25 (2081/82)....


Life Insurers Grow Premium Income 12.4%; IME Life and Citizen Lead Growth

Kathmandu — Nepal’s life insurance industry posted solid growth in the last fiscal year, with total gross written premiums rising 12.43 percent year-on-year to NPR 200.19 billion, according to data released by the Nepal Insurance Authority. The country’s 14...


Prabhu Mahalaxmi Life Holds Branch Managers’ Conference, Honors Top Performers

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has concluded its four-day Branch Managers’ Conference in Chitwan, bringing together branch leaders and senior management to review performance, outline future strategy, and recognize outstanding employees. Held from July 30 to August...


IME Life Recognizes Outstanding Agents at Business Excellence Award Night 2026

Kathmandu — IME Life Insurance Company Limited hosted its Business Excellence Award Night 2026 at Hotel Yak & Yeti on Friday to celebrate the achievements of its top-performing insurance agents. The event was organized to recognize the dedication of...


SEBON Unveils Roadmap to Modernize Nepal’s Capital Market

Kathmandu — The Nepal Securities Board (SEBON) has unveiled the Main Regulatory Framework for Securities Financing Services, 2026, outlining a comprehensive plan to modernize Nepal’s capital market and align it with international standards. The 54-page framework aims to transform...


Earthquake Premium Reserve Doubles; Nepal Insurance and Rastriya Beema Company Still in the Risk Zone

Kathmandu — Nepal’s non-life insurers more than doubled their earthquake premium reserve fund over the past year, strengthening their financial preparedness against seismic risk. However, two of the country’s oldest insurers (Nepal Insurance and Rastriya Beema Company) have yet...


Three Years of Microinsurance: Growth Strong, But Access Still Falls Short for Target Communities

Kathmandu — Nearly a decade has passed since Nepal formally introduced microinsurance, and three years have elapsed since the establishment of specialized microinsurance companies. During this period, the sector has made notable progress in institutional expansion, business growth, and...