Kathmandu – The overall financial condition of Nepal’s non-life insurance sector weakened in the last fiscal year, with profits falling sharply due to a surge in flood-related claims. According to the financial statements of 13 listed non-life insurers, aggregate...

Kathmandu – The average solvency ratio of life insurance companies in Nepal stood at 2.14 in the last fiscal year, reflecting a slight decline from 2.17 recorded in the previous year, according to recently published financial statements. Among the...

Kathmandu – The Health Insurance Board has expanded its service network by signing agreements with 22 local levels and 26 hospitals across the country, strengthening access to healthcare under the national insurance scheme. In line with Sub-section 6 of...

Kathmandu – The government is preparing to dismiss Sharad Ojha, chairman of the Nepal Insurance Authority, after an investigation concluded that the documents he submitted at the time of his appointment were fake. A committee formed by the Council...

Kathmandu – On the occasion of its eighth anniversary, IME Life Insurance Company Limited organized a large-scale blood donation program in Kathmandu with the technical support of the Nepal Red Cross Society. The event, held at Lainchaur, was conducted...

Kathmandu – IME Life Insurance Company Limited celebrated its eighth anniversary with a series of Prabhat Pheri (Walkathon)  programs held across all seven provinces of Nepal, including a central event in Kathmandu. The morning rallies were organized in collaboration...

Kathmandu — Rastriya Jeevan Beema Company Limited has reported a net profit of Rs 20.8 million in the last fiscal year, reflecting a 16 percent decline compared to Rs 20.47 million in the previous fiscal year. Despite the fall...

Kathmandu – Global IME Bank Limited has been recognized with the prestigious ‘Best Bank in Nepal – Euromoney Award for Excellence 2025’, marking another milestone in its journey as a leading financial institution in the country. The Euromoney Awards,...

Swiss Re has delivered strong financial results in the first half of 2025, reporting a net income of US$2.6 billion. The reinsurer achieved a return on equity (ROE) of 23%, up from 19.6% a year earlier, supported by solid...

Kathmandu – Himalayan Re Insurance has reported a modest increase in net profit for the fourth quarter of the previous fiscal year, according to its unaudited financial statements. The reinsurer earned a net profit of Rs 1.39 billion by...