Kathmandu – Siddhartha Premier Insurance Limited has been assigned an [ICRANP-IR] A rating by ICRA Nepal, signifying an adequate degree of safety regarding the timely servicing of financial obligations. The rating, regarded as a significant milestone, is a testament...

Tokyo – The Japanese government has initiated a nationwide survey into the usage of its public health insurance system by foreign residents, amid growing political concerns about potential misuse by short-term visitors seeking costly medical treatments. This marks the...

Kathmandu – Neco Insurance Limited has successfully allotted 5,030,901.55 units of right shares issued in a 4:1 ratio from Falgun 8 to Chaitra 14 (February 20 – March 27). The allotment took place on Chaitra 31 (April 13). The...

Kathmandu – Siddhartha Premier Insurance Limited, recently honored with the title of “Non-Life Insurance of the Year 2025,” conducted an insurance promotion program in Rajbiraj, Saptari district to enhance awareness about non-life insurance services. The program aimed to disseminate...

Kathmandu – The Supreme Court has rescheduled the hearing of a writ petition challenging the appointment of the Chairman of the Insurance Authority of Nepal, citing procedural delays. The next hearing has been set for Baisakh 8 (April 21),...

Kathmandu — The post of Governor at Nepal Rastra Bank (NRB) has remained vacant since Chaitra 23 (April 5), raising concerns over procedural delays and legal ambiguities in the appointment process. Despite legal provisions mandating the appointment of a...

Fitch Ratings has downgraded five Chinese insurers following its recent cut to China’s sovereign credit rating, citing reduced expectations of government support and higher exposure to risky assets. The downgraded insurers include China Export & Credit Insurance Corporation, China...

After being surrounded by a thick layer of pollution, Kathmandu’s sky finally opened up—not just with much-needed rain, but with the sighs of a city that had been gasping for breath. After being ranked among the most polluted places...

Kathmandu — The Nepal Non-Life Insurance Professionals Association has called for critical policy reforms in the insurance sector during a formal meeting with newly appointed Insurance Authority Chairman Sharad Ojha today. The Association Chairman Rajendra Malla, congratulated Chairman Ojha...

Kathmandu — The High-Level Economic Advisory Reform Commission has recommended that Nepal adopt a hybrid reinsurance model by partnering with foreign reinsurance companies to better manage risks and modernize the insurance sector. In its report submitted to the Government...