Kathmandu — Reliable Nepal Life Insurance Limited’s IBRD Branch has handed over an insurance claim of Rs. 1.385 million to the family of late Sita Devi Rana under a term life insurance policy. The claim amount was presented to...

Kathmandu — The government has brought an early end to Himalayan Reinsurance’s management of the Foreign Employment Insurance Pool, awarding the responsibility instead to the state-owned Nepal Reinsurance Company as part of its policy to strengthen public-sector enterprises. The...

Kathmandu — The Nepal Insurance Authority has begun reviewing the implementation of the Risk-Based Capital (RBC) framework, two years after its rollout, as it prepares to refine the system based on industry feedback and practical experience. To support the...

Kathmandu — A growing leadership void is casting a shadow over Nepal’s insurance sector, with six insurers across the life, non-life, reinsurance and microinsurance segments continuing to operate without permanent chief executive officers. The lack of executive leadership has...

Kathmandu — Life insurance companies in Nepal collected Rs 107.72 billion in renewal premiums during the first nine months of the current fiscal year 2025/26(2082/83), marking a 9.56% increase from Rs 98.32 billion recorded in the corresponding period of...

Kathmandu — The Nepal Rastra Bank (NRB) has unveiled a series of regulatory and structural reforms through its Monetary Policy for FY 2083/84, aimed at making the country’s financial system more resilient, efficient and customer-centric. The policy introduces measures...

Kathmandu – Shikhar Insurance has appointed Asmi Shrestha as its new Brand Ambassador, adding a fresh and inspiring face to represent the company’s values and vision. The company said Asmi’s confidence, ambition, and excellence reflect its commitment to encouraging young...

Kathmandu – Nepal’s 14 life insurance companies spent a combined Rs 5.1798 billion on employee benefits during the first nine months of FY 2025/26, according to their third-quarter financial statements. The expense, which includes salaries, allowances, bonuses and other...

Kathmandu – Nepal’s microfinance sector is coming under increasing financial strain as a growing number of lenders struggle to meet regulatory capital requirements, raising concerns over their ability to sustain future lending. According to data published by the Nepal...

Kathmandu – Himalayan Life Insurance Limited has announced a reshuffle in its board of directors, with four directors stepping down and two new members appointed to fill the vacancies. Founder shareholders’ representative Saurabh Duggad and public shareholders’ representatives Pramila...