Kathmandu — Asian Life Insurance Company Limited has completed 18 years of operation and officially stepped into its 19th year. The company commenced its business on April 4, 2008. To mark the beginning of its 19th year, the company...

KATHMANDU – Authorities in Nepal are investigating a major insurance fraud scheme involving trekking and rescue operations on Mount Everest, where guides and associated service providers allegedly staged or deliberately induced medical emergencies to trigger costly helicopter evacuations for...

Kathmandu — A controversy has emerged involving Nepal Police’s Central Investigation Bureau (CIB), raising concerns about its conduct in a case that had already been reviewed and resolved by both the Securities Board of Nepal (SEBON) and the Patan...

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...

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...

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...

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...

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...

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...

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...