Kathmandu — General Insurance Association of Nepal (GIAN) has urged the Insurance Authority (NIA) to address pressing challenges in the country’s insurance system, emphasizing the need for policy reforms that could enhance investor confidence and improve operational efficiency. In...

Kathmandu — The Nepal Insurance Authority (NIA) has convened a high-level discussion with key stakeholders to address the ongoing challenges in insuring Nepal’s hydropower sector. The meeting, held at the Authority’s central office in Kupandol, brought together representatives from...

Kathmandu — MetLife Nepal organized a Synergy Meet to recognize and reward its best-performing agents for their outstanding contributions in delivering continuous financial security to customers during the first quarter of 2025. At the event, agents who achieved remarkable...

Kathmandu — The six-month lock-in period for 112,500 shares of Nepal Micro Insurance Company Limited, allocated to mutual funds during its initial public offering (IPO), is set to expire on Bhadra 22, 2082 (September 7, 2025). These shares were...

As the world continues to grapple with intensifying climate-related disasters, the Swiss Re Institute has reported a marked rise in global insured and economic losses for the first half of 2025, with warnings that the year’s total could exceed...

Kathmandu — The Nepal Insurance Authority has begun drafting a new guideline on money laundering as part of the national effort to remove Nepal from the Financial Action Task Force (FATF) grey list. The move follows a 9-point directive...

Kathmandu — Sanima Reliance Life Insurance Limited successfully concluded its three-day annual event, Bravo Annual Concave 2082, at the Pokhara Grand Hotel. The grand gathering brought together branch managers from across the country to celebrate achievements and chart a...

Geneva (AP) — Delegates from across the world have gathered in Geneva this week for the sixth and potentially final round of negotiations to establish a legally binding treaty aimed at ending global plastic pollution. The 10-day session, running...

Cape Town — South Africa is assessing the feasibility of introducing parametric flood insurance for some of its largest cities, following a series of devastating climate-related disasters that have strained public finances and exposed the country’s vulnerability to extreme...

Kathmandu  (AP) — Floods that damaged hydropower dams in Nepal and destroyed the main bridge connecting the country to China show the vulnerability of infrastructure and need for smart rebuilding in a region bearing the brunt of a warming...