Kathmandu — Sun Nepal Life Insurance Company Limited has entered its ninth year of operations, continuing to expand its presence in Nepal’s life insurance market. Registered with the Office of the Company Registrar on October 16, 2007, under the...

Kathmandu — Bangladesh’s Ambassador to Nepal, H.E. Shafiqur Rahman, called for wider international promotion of the “Made in Bangladesh” brand through competitive, quality products and services, speaking at Walton’s Global Distributors Meet at The Soaltee hotel here. Addressing about...

Kathmandu — The Nepal Insurance Authority is making final preparations to introduce a separate, simplified procedure to facilitate life insurance claim payments to the dependent family members and legal heirs of people missing in the devastating Rasuwa-Bhotekoshi floods and...

Kathmandu — The solvency margin ratio, a measure of financial strength and risk-bearing capacity, declined among life insurers in Nepal in the last fiscal year compared with the previous year. The industry’s average ratio fell by 0.47 times, from...

Kathmandu — Deposits at banks and financial institutions fell 0.3% (NPR 2.07 billion) to NPR 8.256 trillion in the first month of fiscal year 2083/84 (mid-July to mid-August 2026), according to data released by Nepal Rastra Bank. In the...

Kathmandu — Himalayan Everest Insurance Limited has signed a memorandum of understanding with Kathmandu-based SAIM College to connect students with the insurance industry and provide them with practical knowledge and career opportunities. Under the agreement, students will gain opportunities...

Kathmandu — Preliminary insurance claims for damage caused by floods in the Bhotekoshi and Trishuli rivers have reached around NPR 25.87 billion across 15 non-life insurers. According to claim details received by the Nepal Insurance Authority as of September...

Kathmandu — Insurance companies are preparing to settle small claims from policyholders affected by floods and landslides in Rasuwa and surrounding areas within a month. Birendra Badhuwaal Chhetri, president of the Nepal Insurers’ Association and CEO of Siddhartha Premier...

Kathmandu — The Koshi Provincial Office of the Nepal Insurance Authority and experts from the Japan International Cooperation Agency (JICA) have discussed ways to expand parametric insurance to manage climate and disaster-related risks in Nepal. The discussion focused on...

Kathmandu — The government is preparing to legally guarantee air passengers’ rights and compensation. Minister for Culture, Tourism and Civil Aviation Khadak Raj Paudel said minimum compensation and passenger rights in cases such as flight cancellations, delays and lost...