Kathmandu — Business from single-premium life insurance policies recorded significant growth in the fourth quarter of fiscal year 2025/26 (2082/83 B.S.). Life insurance companies collected a total of NPR 22.421 billion in single premiums during the period, an increase...

Kathmandu — The Nepal Insurance Authority (NIA) has warned insurance agents and other concerned parties against making false, misleading or exaggerated claims in insurance-related promotions. The Authority said it has received complaints alleging that licensed insurance intermediaries have made...

Kathmandu — Pakistan’s Prime Minister Muhammad Shehbaz Sharif has conveyed deep sorrow to Nepal over the heavy loss of life and property caused by the recent floods and landslides that struck the country. Sharif visited the Nepalese Embassy in...

Nuwakot: With the aim of facilitating communication for flood-affected families, SUBISU has provided free Wi-Fi internet service at various relief camps and affected communities in Nuwakot. At the disaster relief camp at Bhairum Secondary School, Bidur–8, Hattigauda, Nuwakot, where...

Kathmandu — The government has decided to provide advance insurance claim payments to policyholders affected by the Rasuwa floods based on preliminary damage assessments. The provision was introduced through the ‘Rasuwa Flood Recovery Package’ unveiled by the Ministry of...

The Singapore College of Insurance (SCI) will conduct a specialized training program on cyber insurance claims on September 28, 2026, targeting insurers, reinsurers and brokers as ransomware, data breaches and technology outages continue to drive losses for businesses across...

Zurich — Global reinsurance giant Swiss Re on Thursday reported a 9% year-on-year increase in net income to USD 2.8 billion for the first half of 2026, driven by strong performance across all its business units. The company posted...

Kathmandu — Although an earlier report had indicated that insurance claims for damage caused by the devastating flood that swept through Rasuwa’s Bhotekoshi and Trishuli rivers on Bhadra 10 exceeded NPR 25 billion, BeemaPost has prepared revised figures following...

Kathmandu — The Nepal Non-Life Insurance Professionals’ Association and its member non-life insurance companies have contributed NPR 34.7 million for the relief, rehabilitation and reconstruction of communities affected by the devastating Bhotekoshi floods on Bhadra 10. A delegation led...

Advance Payments Planned to Facilitate Reconstruction and Expedite Claims Kathmandu — Insurance companies will provide advance payments to policyholders affected by the devastating floods in the Bhotekoshi River area. As a full assessment of damage to hydropower projects and...