Kathmandu — Insurance companies paid a total of NPR 6.78 billion in claims during the first month of fiscal year 2026/27, with life insurers alone accounting for NPR 5.47 billion. According to data from the Nepal Insurance Authority, life...

Kathmandu — Nepal’s 14 non-life insurance companies sold a total of 3,001,814 insurance policies in fiscal year 2025/26, according to their fourth-quarter financial statements. The number of policies increased by 244,140 from 2,757,674 policies sold by the end of...

Himalaya Airlines will resume direct scheduled service between Kathmandu and Shanghai starting September 28, 2026, the airline announced this week. The route will initially run twice weekly, connecting Nepal’s capital with one of China’s major commercial hubs. Airline officials...

Kathmandu — Nepal has called for increased investment in insurance, innovation and resilient infrastructure to reduce the economic and physical losses caused by growing climate-related disasters. Addressing the United Nations General Assembly, Nepal said the risks of floods, landslides,...

Kathmandu — Nepal’s non-life insurance companies, already facing substantial claims from the recent Bhotekoshi floods, are now bracing for further losses amid warnings of heavy rainfall and flooding. Severe flooding in the Bhotekoshi River, which flows through Rasuwa, caused...

Kathmandu — The Asian Development Bank (ADB) has projected that Nepal’s economic growth will slow following the devastating floods that struck the Bhotekoshi and Trishuli rivers on August 26, 2026. The Asian Development Outlook released by the ADB on...

Kathmandu — The Nepal Insurance Authority recorded a notable number of insurance-related complaints in the opening month of fiscal year 2025/26. According to data released by the Authority, a total of 14 complaints had been registered as of July...

Kathmandu — Employees of the Nepal Insurance Authority have launched a protest demanding equal service benefits with staff of other regulatory bodies and the continuation of facilities they have been receiving. The employees have been holding sit-ins, discussions and...

Kathmandu — SuryaJyoti Life Insurance Company Limited organized its “Agency Award Night 2026” in Gwarko, Lalitpur, honoring top-performing agents and agency managers under the theme “Honoring Excellence, Celebrating Achievements.” The event, attended by around 300 Chief Agency Managers, Star...

Kathmandu — Sun Nepal Life Insurance Company Limited has entered its ninth year of operations, continuing to expand its presence in Nepal’s life insurance market. Registered with the Office of the Company Registrar on October 16, 2007, under the...