Kathmandu – Nepal’s non-life insurance industry recorded Rs 4.09 billion in gross written premiums during the period from May 15 to June 14, 2026, according to business statistics published by the Nepal Insurance Authority. The 14 non-life insurers operating...

Kathmandu – Nepal Rastra Bank (NRB) has revised the Unified Directive, 2025 for Class A, B, and C banks and financial institutions, introducing new provisions effective June 24, 2026 under Section 79 of the Nepal Rastra Bank Act, 2002. Under...

Agency; A catastrophic pair of back-to-back earthquakes, measuring 7.2 and 7.5 magnitude, struck northwest Venezuela in rapid succession on Wednesday evening, causing multiple large structures to collapse in the capital city of Caracas, destroying power lines, and triggering urgent tsunami...

Kathmandu – Questions have been raised about the effectiveness of the Nepal Insurance Authority’s regulatory oversight after it failed to address the leadership vacuum in several insurance companies whose top executives have been suspended amid ongoing investigations. On June...

Kathmandu – Nepal’s life insurance industry continued its upward momentum in the current fiscal year, with renewal premium collections rising by 11.63 percent as of mid-June, according to the latest business statistics released by the Nepal Insurance Authority. Life...

Kathmandu – Nepal’s life insurance companies recorded a 26.31 percent increase in first-year premium income as of mid-June of the fiscal year 2025/26 (2082/83), according to data released by the Nepal Insurance Authority. The country’s 14 life insurers generated...

Kathmandu – Life insurance companies operating in Nepal earned a total insurance premium of NPR 173.50 billion during the first eleven months of fiscal year 2025/26, according to data published by the Nepal Insurance Authority. According to the data,...

Kathmandu – The government has decided to remove landless squatters currently living in temporary holding centers. Authorities have instructed residents to vacate the facilities after receiving the support and benefits promised by the government. Many of the families had...

South Asia — Growing disputes over shared rivers are raising concerns about regional stability across South Asia, with water increasingly becoming a strategic and political issue rather than a purely environmental one. Recently, Pakistan accused India of “weaponizing water”...

Dhaka — Bangladesh has approved the first phase of the $2.8 billion Barrage project to be built in a Padma river to tackle dry-season water shortages and rising salinity near the country’s southwest border. The project is expected to...