Special Insurance Policy Needed for Hydropower Sector, Says Baidwar

Kathmandu — Nepal Insurers’ Association President Birendra Baidwar Chhetri has emphasized the urgent need for a specialized insurance policy tailored for the hydropower sector, citing the unique risks and requirements associated with it. Speaking at a program held to...


Insurance Authority Committed to Hydropower Reform, Says Chairman Ojha

Kathmandu – Chairman of the Nepal Insurance Authority, Sharad Ojha, has assured that the regulatory body is actively working to address the challenges in hydropower insurance and bring about swift reforms to ensure smoother operations in the sector. Speaking...


NIRMA Celebrates Sixth Anniversary by Honoring Key Supporters and Members

Kathmandu – The Nepal Insurance and Risk Management Association (NIRMA) celebrated its sixth anniversary by honoring individuals and organizations that have significantly contributed to its growth and success. At a special ceremony held in Kathmandu, the Chairman of Nepal...


Nepal Reinsurance Calls for Term Deposit Proposals from BFIs

Kathmandu — Nepal Reinsurance Company Limited has announced its intention to invest in term deposits and has called on eligible institutions to submit sealed proposals. In a public notice issued on Wednesday, the company invited proposals from national-level banks...


War Insurance Premiums for Israel Surge Amid Escalating Conflict with Iran

According to a recent report from Reuters, Insurance costs for ships heading to Israel have soared sharply as tensions with Iran intensify, pushing war risk premiums up to three times higher than last week, according to global marine insurance...


Air Pollution Remains Nepal’s Leading Health Risk, Says World Bank Report

Kathmandu – Air pollution has emerged as the single greatest risk factor for death and disability in Nepal, according to a new World Bank report that calls for bold, cross-sectoral action to combat the worsening air quality crisis. The...


Prabhu Mahalaxmi Life Offers Up to 75% Discount on Late Fees for Lapsed Policy Renewals

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has announced a special limited-time offer, providing up to 75 percent discount on late fees for the renewal of lapsed insurance policies. This initiative will be in effect from Ashad 4 to...


Rastriya Jeevan Beema Company to Conduct Basic Training for Life Insurance Agents in Kathmandu

Kathmandu —Rastriya Jeevan Beema Company Limited has announced a three-day basic training program for aspiring life insurance agents. The training is scheduled to take place in Kathmandu from Ashad 22 to 24 (July 6 to 8). Interested individuals are...


Himalayan Investment Banker Appointed Share Registrar of Guardian Micro Life Insurance

Kathmandu — Himalayan Investment Banker Limited has officially been appointed as the share registrar of Guardian Micro Life Insurance Limited, marking a new partnership to manage the insurer’s securities-related operations. The agreement was formalized during a signing ceremony held...


Falling Birth Rates Tied to Living Costs and Lack of Family Support : UNFPA Report

Kathmandu – The United Nations Population Fund (UNFPA) has called on governments, including Nepal, to adopt supportive, rights-based policies to address demographic challenges, warning that coercive measures such as fertility targets, financial incentives, or restrictions on reproductive rights are...