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...


Government Integrates Health Insurance Programs for Poor Citizens

Kathmandu — The Ministry of Health and Population has begun integrating scattered social health security programs under a unified framework aimed at improving access to healthcare for poor citizens. Minister for Health and Population Pradeep Poudel on Wednesday launched...


Shikhar Insurance Draws Major Attention at NADA Auto Show 2025

Kathmandu — The much-anticipated NADA Auto Show 2025 has kicked off in the capital, attracting automobile enthusiasts eager to explore the latest cars and motorcycles. Yet, the spotlight is not only on new vehicles — the stall of Shikhar...


IME Life Insurance Donates CCTV Cameras to Lainchaur Youth Club

Kathmandu — IME Life Insurance Company has provided CCTV cameras to Lainchaur Youth Club as part of its corporate social responsibility initiative. The handover program was organized to coincide with the company’s eighth anniversary. According to the company, the...


Lock-in Period of Crest Micro Life Insurance’s 125,500 Shares to Open on Ashoj

Kathmandu – The lock-in period for 125,500 shares of Crest Micro Life Insurance Limited is set to open on Ashoj 5 (September 21). Out of the company’s 2.25 million IPO shares issued to the public, 112,500 shares (5 percent)...


From Transport Worker to Insurance Leader: The Inspiring Journey of Shiva Kumar Shrestha

Kathmandu – At first glance, Shiva Kumar Shrestha might appear to be just another self-employed transport entrepreneur. But in recent years, his identity has expanded far beyond the roads of Kathmandu. Today, Shrestha is making his mark as a...