Kathmandu – The government has appointed Sharad Ojha as the new chairman of the Nepal Insurance Authority (NIA) for the next four years. The decision was made during a Council of Ministers meeting held on February 24 under...

Kathmandu – Health and Population Minister Pradip Paudel has stated that efforts are underway to address distortions in the health insurance program, with reforms progressing in two phases. According to the minister, a task force was formed to provide...

Kathmandu –Micro insurance companies in Nepal have collectively earned over Rs 502.8 million in insurance fees in the first seven months of the current financial year, according to the latest statistics released by the Nepal Insurance Authority. Among these...

Kathmandu – The government has enforced the Insurance Regulations, 2081, introducing stricter policies to improve regulation, management, and transparency in the insurance sector. Under the new regulations, educational qualifications for insurance agents have been revised. Existing agents must have...

Kathmandu – The Nepal government has officially published the new insurance regulations in the gazette, finalizing the long-debated provisions on commission and incentives for insurance agents. The policy, approved by the Cabinet after extensive discussions with the Insurance Authority,...

Kathmandu – The non-life insurance sector in Nepal has witnessed a steady growth of 7.80% in the first seven months. According to the latest data released by the Nepal Insurance Authority, the total business has reached NPR 24.27 billion...

Kathmandu – Nepal Micro Insurance has witnessed overwhelming public interest in its Initial Public Offering (IPO), with applications surpassing NPR 1.25 billion. The IPO, which opened for the general public on February 23, has already received applications from 965,221...

Kathmandu – The Nepal Stock Exchange (NEPSE) index recorded a gain of 3.35 points on the second trading day of the week, closing at 2,758.75 points. The total turnover for the day reached Rs 11.8 billion, reflecting active participation...

Kathmandu – Non-life insurance companies in Nepal have collectively earned insurance fees amounting to Rs 24.27 billion in the first seven months of the current fiscal year 2081/82. According to data released by the Nepal Insurance Authority, 14 non-life...

Life Insurance International   China has emerged as the global leader in electric vehicle (EV) insurance adoption, significantly outpacing other markets, according to GlobalData’s 2024 Emerging Trends Insurance Consumer Survey. The study, which gathered data from multiple countries, reveals that...