Lawmakers Urge Mandatory Insurance for Government Infrastructure

Kathmandu — Lawmakers have called on the government to introduce mandatory insurance for public infrastructure and to rebuild structures damaged by floods and landslides without delay, citing the repeated loss of lives and property to climate-related disasters across Nepal....


Insurance Authority Introduces New Measures to Simplify Claims Settlements During Floods and Disasters

Kathmandu — The Nepal Insurance Authority has directed insurance companies to facilitate the settlement of insurance claims during floods and other disasters, introducing measures to support policyholders affected by such emergencies. The new provisions are intended to simplify the...


Insurance Authority Tests Automated System to Curb Insurers’ Control Over Surveyor Selection

Kathmandu – The Nepal Insurance Authority has begun testing an Automatic Surveyor Deputation System that assigns surveyors to insurance claims, replacing the practice of insurers choosing them at their own discretion. The system responds to a long-standing demand of...


ADB to Help Nepal Draw Private Investment into Transmission, Battery Storage

Kathmandu – The Asian Development Bank (ADB) has signed two advisory agreements with the Nepal Electricity Authority (NEA) to bring private investment into power transmission and battery storage through public-private partnerships (PPPs). The projects are expected to attract more...


Higher Air Accident Compensation Raises Questions Over Insurance Costs and Premiums

Kathmandu — A proposal to increase compensation for passengers killed in air accidents has sparked discussion over the resulting insurance costs and their potential impact on premiums. The Bill on the Liability of Domestic Airlines, 2026, currently under discussion...


Insurers Begin Advance Claim Payments for Bhotekoshi Flood Victims, NPR 6.75 Million Paid So Far

Kathmandu — Insurance companies have started making advance claim payments to policyholders affected by the Bhotekoshi floods following the Nepal Insurance Authority’s introduction of a simplified claims procedure. Non-life insurers have so far paid NPR 6.748 million to policyholders...


Pakistan’s New Ambassador Formally Takes Up Post in Kathmandu

Kathmandu — Pakistan’s newly appointed Ambassador to Nepal, Mohammad Aamir Khan, formally began his diplomatic mission after presenting his Letter of Credence to Nepal’s President in Kathmandu. Delivering greetings from Pakistan’s leadership, the envoy said Islamabad was ready to...


Insurance Surveyors to Be Selected Through Automated System, Companies No Longer Free to Choose

Kathmandu — The Office of the Prime Minister and Council of Ministers has introduced a system to select insurance surveyors through an automated process, ending the practice of insurance companies choosing surveyors at their own discretion. The initiative follows...


Shared Glaciers, Shared Risk: The Case for Pakistan–Nepal Climate Cooperation

Glaciers across the Hindu Kush Himalaya are losing ice at double the pre-2000 rate, exposing downstream countries to floods and water shortages, according to the Kathmandu-based International Centre for Integrated Mountain Development (ICIMOD). The region’s glaciers have thinned by...


Insurance Authority Introduces Simplified Claims Procedure for Rasuwa Flood Victims

Kathmandu — The Nepal Insurance Authority has introduced a special procedure to speed up insurance claim payments for policyholders affected by the devastating floods that struck Rasuwa, Nuwakot, Dhading, Chitwan and other districts on August 26, 2026. The procedure...