Kathmandu – The Health Insurance Board has yet to clear payments totaling Rs 16.45 billion to healthcare institutions by end of Falgun (mid-March). Despite the mounting dues, the board had only Rs 1 billion in its account during the...

Kathmandu – Out of the 14 life insurance companies currently operating in Nepal, eight have announced bonus rates for the fiscal year 2080/81. These companies have disclosed policyholder bonuses based on actuarial valuation and financial performance, following approval from...

Kathmandu – The Supreme Court has scheduled a hearing for Chaitra 13 (March 26) on a writ petition challenging the qualifications of Sharad Ojha, who was recently appointed as Chairman of the Nepal Insurance Authority. In an order issued...

Kathmandu — Sanima GIC Insurance Limited has appointed N. Amatya & Company, Chartered Accountants, as the external auditor for the financial year 2081/82. The decision was made during the company’s seventh annual general meeting, held on Chaitra 21 (April...

Kathmandu — Nepal Life Insurance Company has been awarded the prestigious title of ‘Best Life Insurance Company of the Year 2025’ at the 17th Corporate Business Awards, hosted by Corporate News. The award recognizes Nepal Life’s outstanding performance and...

Kathmandu – Nepal’s economy is expected to grow by 4.5 percent in the fiscal year 2024/25, according to the latest projection by the World Bank. This marks an improvement from the estimated 3.9 percent growth in the previous fiscal...

Munich Re The global cyber insurance market is on track to more than double by 2030, according to projections by Munich Re, despite a recent slowdown in premium growth. The reinsurer estimates the market reached $15.3 billion in global...

Kathmandu – Nepal Reinsurance Company Limited has published its financial statements for the fourth quarter of the last fiscal year (2080/81), revealing a decrease in net profit and earnings per share compared to the previous year. Additionally, the company...

Kathmandu – The Bhaktapur Chamber of Commerce and Industry (BCCI), in collaboration with Shikhar Insurance, organized an orientation program aimed at educating industrialists and business owners on the significance of non-life insurance. The event took place on at Hotel...

Kathmandu – The recent Tinkune incident on Chaitra 15 (March 28) has led to insurance claims worth nearly Rs 50 million, according to details released by the Nepal Insurance Authority on Thursday. A total of 11 non-life insurance companies...