Kathmandu — Nepal Rastra Bank (NRB) has released the third quarterly review of the Monetary Policy for the current fiscal year, maintaining existing policy rates while introducing key regulatory measures aimed at reinforcing financial stability and improving the investment...

Kathmandu — Citizen Life Insurance Company Limited has announced a special discount campaign on the interest charged for the renewal of lapsed insurance coverge. The offer, which runs from 12th to 27th Jestha (May 26 – June 10), provides...

Kathmandu – Dr. Laxmi Kant Poudel has been appointed as the Chief Executive Officer (CEO) of the Insurance Institute of Nepal (IIN). The position, previously overseen by the Executive Director of the Nepal Insurance Authority, was recently opened for...

Kathmandu – The Nepal Insurance Authority successfully conducted an insurance interaction program at Benighat Rorang Rural Municipality in Dhading district, Bagmati Province, on Sunday. The program was attended by Deputy Director Purna Bahadur Thapa, Chairperson Krishna Bahadur Thapaliya, Vice-Chairperson...

Kathmandu — In a move aimed at strengthening transparency, accountability, and informed policymaking in Nepal’s insurance landscape, the Nepal Insurance Authority (NIA) has officially commenced the monthly publication of an analytical statistical report titled ‘Beema Pratibimba’ (Insurance Reflection). The...

Kathmandu – Banking offences have become the most frequently reported crimes in Nepal over the past 10 months, with 11,048 cases recorded since mid-July 2024, according to data from the Nepal Police Headquarters. Alarmingly, nearly 60 per cent of...

New Delhi – Life Insurance Corporation of India (LIC) has secured a coveted place in the Guinness World Record by setting a new global benchmark for the “Most life insurance policies sold in 24 hours.” On January 20, 2025,...

Brussels (Reuters) — Extreme weather events driven by climate change are costing the European Union’s agricultural sector an estimated €28.3 billion annually, according to a new EU-backed analysis. The figure represents nearly 6% of the EU’s yearly crop and...

Kathmandu — Nepal Reinsurance Company has made a total investment of Rs 22.28 billion in the third quarter of the current fiscal year, with the majority allocated to term deposits in banks and financial institutions, according to data from...

Kathmandu — Shikhar Insurance Company Ltd. has secured a ‘Double A Minus’ credit rating from ICRA Nepal, marking it as the strongest and most secure non-life insurance company in the country outside of government and foreign investment. According to...