Kathmandu — Directors of Himalayan Re, including former chair Shekhar Golchha, have issued what is being described as a “silence response” to a clarification sought by the Nepal Insurance Authority. About a week ago, the regulator had asked for...
Kathmandu — Out of the 50 microfinance financial institutions listed on the Nepal Stock Exchange, 11 have so far published their financial statements for the third quarter of the current fiscal year 2025/26 (up to mid-April 2026). The disclosed...
Kathmandu — Nepal’s insurance industry is increasingly positioning itself as a strong source of employment. In recent years, the sector has attracted a growing workforce, with more than 12,000 people now directly employed across life, non-life, and micro-insurance companies....
Kathmandu — A government ordinance issued today has led to the removal of Ganesh Pandey, the only non-staff board director of the Nepal Insurance Authority. Pandey, a former secretary, had been appointed under Section 6(1) of the Insurance Act...
Kathmandu – Suryajyoti Life Insurance Company Limited has released its third-quarter financial results for the current fiscal year, covering the period up to mid-April (end of Chaitra). The report shows broad-based growth across most financial indicators compared to the...
Kathmandu — Nepal Insurance Authority has issued the Insurance Surveyor Directive 2026. The directive aims to make the work of surveyors more systematic, competitive, and reliable while ensuring professional integrity, transparency, and accountability in the fair and accurate assessment...
Kathmandu — Nepal Insurance Authority has issued the Insurance Agent Directive 2026. The directive has been introduced under Section 166 of the Insurance Act 2022 to make the functioning of insurance agents more systematic, professional, transparent, and accountable. Under...
Kathmandu — Nepal Insurance Authority, the regulatory body of the insurance sector, has been prioritizing the resolution of insurance-related complaints and dispute petitions. Despite delays in leadership appointments, the authority has recently stepped up efforts to address pending and...
Kathmandu — It has come to light that Ashok Kumar Khadka, the CEO of Neco Insurance Company, in which the Government of Nepal holds more than a 21 percent indirect stake, has accumulated enormous wealth worth millions of rupees....