Mental Health Insurance Searches Surge 41% in India, Driven by Young Adults and Women

Mumbai — Mental health insurance is gaining significant traction in India, with searches rising by 41% in 2025 compared to the previous year, according to a new survey by Policybazaar. The surge is primarily driven by young adults aged...


Nepal Insurance Authority Organizes Insurance Awareness Program in Bhajani Municipality

Kathmandu — The Sudurpaschim Province Office of the Nepal Insurance Authority conducted an insurance-related interaction and discussion program in Bhajani Municipality, Kailali, on Baisakh 22 (May 5). The event was held under the chief hospitality of Mayor Kewal Chaudhary...


Himalayan Reinsurance Proposes 4.74% Dividend

Kathmandu — Himalayan Reinsurance has proposed a 4.74 percent dividend for its shareholders. The decision was made during a meeting of the company’s board of directors held on Baisakh 22 (May 5). According to the proposal, the company plans...


A Long-life Mission: Bikash Pathak’s Journey of Trust and Transformation in Life Insurance Sector

Kathmandu – For over two decades, Bikash Pathak has been a dedicated figure in Nepal’s life insurance landscape, emerging as a trusted protector for thousands across eastern Nepal. Balancing his responsibilities as a grocery store owner and a devoted...


Illegal Health Insurance Claims by Foreigners Surge Nearly 30% in South Korea

Seoul (The Korea Times) – Illegal health insurance claims filed by foreigners and overseas Koreans in South Korea saw a sharp rebound in 2024, reversing a years-long downward trend. According to data released by the National Health Insurance Service...


US Auto Insurance Faces Deceleration and Inflation: Swiss Re

The United States auto insurance market remains under pressure as inflation, litigation, and rising repair costs continue to impact both personal and commercial segments, according to a recent analysis by Nelson (Senior Underwriter, CPO P&C Reinsurance at Swiss Re)....


Star Micro Insurance Reports Sharp Decline in Net Profit Despite Surge in Premium Income

Kathmandu – Star Micro Insurance Company Limited has reported a significant rise in net insurance premium income but suffered a sharp decline in profitability in the third quarter of the current fiscal year. According to the company’s unaudited financial...


Insurance Authority Organizes Stakeholder Interaction in Birgunj, Stresses Credibility and Compliance

Kathmandu – The Nepal Insurance Authority’s Madhesh Province Office held a discussion and interaction program in Birgunj on Monday, bringing together provincial heads of both life and non-life insurance companies to deliberate on pressing issues in the insurance sector....


Asian Life Insurance Honors MDRT-Qualified Agents for 2025

Kathmandu – Asian Life Insurance has honored its agents who qualified for the prestigious Million Dollar Round Table (MDRT) 2025 at a special ceremony held on Monday. The recognition was awarded to agents who successfully met the MDRT business...


Non-Life Insurance Companies Collect Rs 4.10 Billion in Premiums, Business Grows by 7%

Kathmandu – According to the data released by the Nepal Insurance Authority, Non-life insurance companies in Nepal have collectively earned Rs 4.10 billion in insurance premiums in the month of Chaitra alone, reflecting a 7.01 percent increase compared to...