Kathmandu – Nepal’s 14 life insurance companies spent a combined Rs 5.1798 billion on employee benefits during the first nine months of FY 2025/26, according to their third-quarter financial statements. The expense, which includes salaries, allowances, bonuses and other...

Kathmandu – Nepal’s microfinance sector is coming under increasing financial strain as a growing number of lenders struggle to meet regulatory capital requirements, raising concerns over their ability to sustain future lending. According to data published by the Nepal...

Kathmandu – Himalayan Life Insurance Limited has announced a reshuffle in its board of directors, with four directors stepping down and two new members appointed to fill the vacancies. Founder shareholders’ representative Saurabh Duggad and public shareholders’ representatives Pramila...

Kathmandu – Nearly a year after the position fell vacant, the government has yet to appoint a chairperson for the Nepal Insurance Authority, with the selection process appearing to have ground to a halt. Although around 50 individuals submitted...

Kathmandu – Term life insurance remains the largest contributor to Nepal’s life insurance industry, accounting for more than 40 percent of the sector’s total premium income. According to the latest data from the Nepal Insurance Authority (NIA), life insurers...

Kathmandu – Former President of the Confederation of Nepalese Industries (CNI) and businessman Bishnu Prasad Agrawal has filed a defamation lawsuit against Beemapost, seeking Rs 350 million in compensation. The case, filed at the Kathmandu District Court, names Rheinische...

Kathmandu — Shikhar Insurance Company Limited, one of Nepal’s leading non-life insurers, has crossed a major milestone by collecting more than Rs 6 billion in gross written premiums during the current fiscal year 2025/26, marking a significant achievement for the...

Kathmandu — Representatives of Nepal’s insurance agents have urged Nepal Rastra Bank (NRB) Governor Bishwo Nath Poudel not to move forward with proposals to revive the bancassurance model, arguing that its return would undermine the livelihoods of insurance agents and...

Kathmandu — Nepal Insurance Authority (NIA) has begun consultations with insurance and reinsurance industry stakeholders to expedite the implementation of insurance-related measures announced in the government’s budget for fiscal year 2026/27. The Authority on 30 June held discussions with representatives...

Kathmandu — The German Embassy in Kathmandu has clarified that Germany has not issued any warning to Nepal over the passport procurement case, rejecting media reports suggesting otherwise. In a three-point statement released on Wednesday, the embassy said some reports...