Kathmandu — The Office of the Prime Minister and Council of Ministers has introduced a system to select insurance surveyors through an automated process, ending the practice of insurance companies choosing surveyors at their own discretion. The initiative follows...

Glaciers across the Hindu Kush Himalaya are losing ice at double the pre-2000 rate, exposing downstream countries to floods and water shortages, according to the Kathmandu-based International Centre for Integrated Mountain Development (ICIMOD). The region’s glaciers have thinned by...

Kathmandu — The Nepal Insurance Authority has introduced a special procedure to speed up insurance claim payments for policyholders affected by the devastating floods that struck Rasuwa, Nuwakot, Dhading, Chitwan and other districts on August 26, 2026. The procedure...

Kathmandu — Insurance companies paid a total of NPR 6.78 billion in claims during the first month of fiscal year 2026/27, with life insurers alone accounting for NPR 5.47 billion. According to data from the Nepal Insurance Authority, life...

Kathmandu — Nepal’s 14 non-life insurance companies sold a total of 3,001,814 insurance policies in fiscal year 2025/26, according to their fourth-quarter financial statements. The number of policies increased by 244,140 from 2,757,674 policies sold by the end of...

Himalaya Airlines will resume direct scheduled service between Kathmandu and Shanghai starting September 28, 2026, the airline announced this week. The route will initially run twice weekly, connecting Nepal’s capital with one of China’s major commercial hubs. Airline officials...

Kathmandu — Nepal has called for increased investment in insurance, innovation and resilient infrastructure to reduce the economic and physical losses caused by growing climate-related disasters. Addressing the United Nations General Assembly, Nepal said the risks of floods, landslides,...

Kathmandu — Nepal’s non-life insurance companies, already facing substantial claims from the recent Bhotekoshi floods, are now bracing for further losses amid warnings of heavy rainfall and flooding. Severe flooding in the Bhotekoshi River, which flows through Rasuwa, caused...

Kathmandu — The Asian Development Bank (ADB) has projected that Nepal’s economic growth will slow following the devastating floods that struck the Bhotekoshi and Trishuli rivers on August 26, 2026. The Asian Development Outlook released by the ADB on...

Kathmandu — The Nepal Insurance Authority recorded a notable number of insurance-related complaints in the opening month of fiscal year 2025/26. According to data released by the Authority, a total of 14 complaints had been registered as of July...