Kathmandu — The Nepal Insurance Authority has formally amended the Reinsurance Directive 2080, introducing several significant changes aimed at strengthening the regulatory framework for both life and non-life insurers operating in the country. Although the amendment was made on...

Kathmandu — The government is moving to eliminate the mandatory term life insurance provision currently required for Nepali workers seeking foreign employment, signaling a major policy shift in the country’s labor migration framework. A new bill prepared by the...

Kathmandu – IME Life Insurance Company Limited concluded its prestigious Business Excellence Award Night 2025 in a grand ceremony held at Pokhara Grand Hotel, celebrating the outstanding performance of its agents during the fiscal year 2081/82. The event, aimed...

Kathmandu — The Government of Nepal has initiated steps to bring uniformity in the salary structures and service facilities of employees across public corporations, including key regulatory bodies such as the Nepal Insurance Authority. A three-member task force has...

Kathmandu — The base rate of commercial banks in Nepal has been steadily declining over the past year, driven by excess liquidity in the banking system and reduced demand for credit. This has led banks to lower deposit interest...

Kathmandu — Four insurance companies remain stuck in the approval pipeline of the Securities Board of Nepal (SEBON), awaiting permission to issue rights shares despite mounting regulatory pressure to raise their paid-up capital. Prabhu Mahalaxmi Life Insurance, Sanima GIC...

Kathmandu — Nepal Reinsurance Company Limited has announced its decision to issue 100 percent right shares to meet the paid-up capital threshold set by the Nepal Insurance Authority (NIA). The move comes as part of the company’s strategy to...

Kathmandu – Protective Micro Insurance Limited has reported a net profit of Rs. 760,090 in the fourth quarter of the fiscal year 2081/82, a recovery from the net loss of Rs. 1.99 million recorded in the same quarter of...

Kathmandu — A writ petition has been filed at the Supreme Court seeking the cancellation of the foreign employment temporary insurance pool introduced by the Insurance Authority. The petition, filed by Advocate Girija Adhikari, challenges the legality of the...

Kathmandu — The Nepal Stock Exchange (NEPSE) witnessed a sharp decline on Wednesday, the fourth trading day of the week, as the benchmark index dropped by 47.93 points to settle at 2,954.14 points. The decline marked one of the...