Washington —  Artificial intelligence (AI) could help developing countries such as Nepal achieve in a decade what might otherwise take a century, provided governments move quickly to strengthen electricity supply, internet connectivity, digital skills and public institutions, according to...

Kathmandu — Two months after applications closed for the appointment of the Chairperson of the Nepal Insurance Authority, the government has yet to disclose the list of applicants or provide an official update on the selection process, raising questions...

Rural communities in Nicaragua struggling with water scarcity and climate-related challenges are set to benefit from a new watershed restoration programme funded through a record donation from WTM London to international safe water charity Just a Drop. The initiative...

Kathmandu — Nepal’s 14 life insurers and three micro life insurance companies collected a combined NPR 204.60 billion in gross written premiums from various life insurance products during the last fiscal year. Term life insurance remained the largest business...

World — According to the Allianz Global Insurance Report 2026, the global insurance industry remained on a strong growth trajectory in 2025 despite easing from the exceptional expansion recorded a year earlier, with Asia emerging as the main growth...

Kathmandu — Nepal’s three licensed micro life insurance companies generated a combined gross written premium of NPR 1.21 billion in the last fiscal year, reflecting strong growth in the country’s emerging microinsurance sector. According to industry data, the three...

Kathmandu — A new study jointly released by the United Nations Development Program (UNDP) Nepal and the Nepal Insurance Authority has called for policy and regulatory reforms to expand insurance coverage among Nepal’s micro, small, and medium-sized enterprises (MSMEs)....

Kathmandu — Nepal’s 14 life insurance companies collected a combined NPR 150.62 billion in renewal premiums during the last fiscal year 2025/26 (2082/83), marking a 9.36 percent increase from NPR 137.73 billion in the previous fiscal year 2024/25 (2081/82)....

Kathmandu — Nepal’s life insurance industry posted solid growth in the last fiscal year, with total gross written premiums rising 12.43 percent year-on-year to NPR 200.19 billion, according to data released by the Nepal Insurance Authority. The country’s 14...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has concluded its four-day Branch Managers’ Conference in Chitwan, bringing together branch leaders and senior management to review performance, outline future strategy, and recognize outstanding employees. Held from July 30 to August...