A Woman of Purpose: Neelam Singh Thakuri’s Journey from Classroom to Insurance Leadership

Kathmandu – From the chalkboard to policy papers, Neelam Singh Thakuri’s inspiring journey from a dedicated teacher to a top-performing agency manager at Citizen Life Insurance is a powerful story of resilience, reinvention, and commitment to public service. Neelam, who...


Nepal Rastra Bank Unveils Monetary Policy for Fiscal Year 2082/83

Kathmandu — The Nepal Rastra Bank (NRB) has unveiled the monetary policy for the fiscal year 2082/83 (2025/26), adopting a cautiously flexible approach aimed at maintaining macroeconomic stability while revitalizing credit growth and investment. Announcing the policy in Kathmandu,...


Neco Insurance Opens Sale of Over 1.1 Million Promoter Shares

Kathmandu — Neco Insurance Company Limited has announced the sale of 1,109,769 units of promoter shares, inviting interested promoter shareholders to purchase the shares within a 35-day window. According to the company, promoter shareholders must submit their applications at...


Global IME Bank Wins Global Finance’s “Best Bank Award 2025” for Second Consecutive Year

Kathmandu — Global IME Bank Limited has once again earned international acclaim after being awarded the prestigious “Best Bank Award 2025” by Global Finance magazine, marking its second consecutive win and further solidifying its position as Nepal’s leading financial...


Most Texans Lack Flood Insurance as Damage from Recent Flood Exposes Massive Coverage Gap

Dallas, Texas (NBC) – As Texas grapples with the aftermath of devastating July 4th flooding, experts are raising alarm over a critical insurance shortfall. The majority of homeowners affected by the recent disaster lack flood insurance, forcing many to...


150 Doctors Decline Appointments at Health Insurance Board Citing Impractical Workload

Kathmandu – A significant majority of doctors selected for contract service at the Health Insurance Board (HIB) have declined to accept their appointments, citing impractical workload expectations and a lack of proper labor evaluation. Out of 180 doctors who...


COVID-19 Insurance Claims Depend on Government Decision, Says Insurance Authority Chairman

Kathmandu – Nepal Insurance Authority Chairman Sharad Ojha has clarified that the payment of claims related to COVID-19 insurance is not within the jurisdiction of the regulatory body, stating that the matter now lies under the responsibility of the...


Himalayan Everest Insurance Wins Two Prestigious International Awards in Singapore

Kathmandu – Nepal’s leading non-life insurer, Himalayan Everest Insurance (HEI), has added another milestone to its record of achievements by securing two prestigious international awards at a ceremony held in Singapore on July 9, 2025. The company was honored...


UN Report Warns of Rising Climate Threats to Older Persons, Ecosystems and Global Health

Nairobi — As the world faces an era of climate extremes, the United Nations Environment Programme (UNEP) has issued a stark warning: heatwaves, melting glaciers, toxic floods, and ageing dams pose mounting risks to human health and ecosystems —...


US Tariffs to Slow Global Economy and Insurance Premium Growth: Swiss Re Institute

Zurich — The Swiss Re Institute has warned that recent US tariff policies are expected to slow global GDP growth to 2.3% in 2025, down from 2.8% in 2024. The resulting uncertainty is also set to dampen global insurance...