Building a Safer Future: The Critical Role of Insurance in Disaster Resilience

Kathmandu – As Nepal grapples with increasing natural disasters, including floods, landslides, and earthquakes, the need for a robust, inclusive insurance system has never been more pressing. Insurance, as highlighted at the 2024 International Conference on Inclusive Insurance (ICII)...


Spandan Global Events Embarks on 100-Country Art Journey to Showcase Indian Culture

Kathmandu, Spandan Global Events and Publications has launched the Spandan Global Art Journey, a remarkable international campaign set to span 100 countries in 100 months, showcasing the rich diversity of Indian art across the world. Following its extensive National...


Nepal Reinsurance Company Celebrates 11th Anniversary with Grand “Walkathon”

Kathmandu – Nepal Reinsurance Company marked its 11th anniversary with a grand “Prabhat Feri” program on Wednesday morning. The Wednesday early morning procession, starting from Bhrikutimandap at 7 a.m., wound through prominent city landmarks including Bhadrakali, Dharahara, and Ratnapark,...


Policyholders Surrender Life Insurance Policies worth Rs 3.82 Billion in Q1 of current F/Y

Kathmandu – In a significant development, nearly 28,000 policyholders have surrendered life insurance policies valued at NPR 3.82 billion in the first quarter of the current fiscal year 2024/25, according to data from the Nepal Insurance Authority.   The...


FNCCI President Chandra Prasad Dhakal Awarded from Indonesian Government

Kathmandu- President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal who is the honorary consul of the Republic of Indonesia to Nepal, has received a prestigious ‘Caraka Buwana Award’ from the government of...


Nepal’s Non-Life Insurers Report 9% Growth in Premiums as Market Expands

Kathmandu – Nepal’s 14 non-life insurance companies collectively reported a 9% increase in total premium earnings period of this F/Y first three months compared to the same period last fiscal year. Total non-life insurance premium increased from 10.44 billion...


Asian Life Insurance Hosts Business Achievers Award 2024 in Pokhara

Kathmandu- Asian Life Insurance Company held its Business Achievers Award 2024 ceremony in Pokhara, recognizing top-performing agents for their dedication and excellence. The three-day event at Pokhara Grand Hotel brought together over 200 attendees, celebrating achievements and promoting professional...


Life Insurance Premium Earnings Drops Amid Dashain Festivities

Kathmandu – Life insurance companies in Nepal reported a 6.21 percent decrease in first insurance premium earnings in Ashwin compared to Bhadra 2081 (Nepali Calendar), as stated in recent data from the Nepal Insurance Authority. In Ashwin, 14 life...


Nepal Insurance Authority Approves Revised Staff Regulations

Kathmandu- Nepal Insurance Authority’s Board of Directors, approved a proposal to revise its staff regulations, introducing changes aimed at enhancing organizational structure and promoting employee growth.   The revised framework will now include two deputy executive director and two...


International Conference on Inclusive Insurance 2025 to be Held in Ecuador

Kathmandu – Following the conclusion of the International Conference on Inclusive Insurance (ICII) 2024 in Nepal, it has been announced that the 2025 edition will take place from 13-17 October in Quito, Ecuador. This prestigious event will bring together...