Kathmandu — Nepal’s non-life insurance sector recorded a 13.86% year-on-year increase in premium income, reaching over NPR 36.58 billion by the end of the third quarter of fiscal year 2025/26 (mid-April 2026). The 14 non-life insurers in operation generated...

Kathmandu — Non-life insurance companies have managed to generate a total premium income of NPR 36.58 billion up to the end of Chaitra in the current fiscal year. This is according to the monthly data published by the Nepal...

Kathmandu — Reliable Nepal Life Insurance Limited has paid a claim under its full disability benefit. Mrs. Khagisara Shrestha, a resident of Ward No. 2, Gurans Rural Municipality in Dailekh District, had purchased an insurance policy under the “Reliable...

Kathmandu — Minister of Physical Infrastructure and Transport Sunil Lamsal has been accused of unlawfully pressuring Neco Insurance Company to release around Rs 100 million in connection with a disputed insurance claim currently under consideration by the Supreme Court....

Kathmandu — Reports had repeatedly surfaced on Beemapost alleging that shares of micro-insurance companies were sold through bribery arrangements, with payments reaching up to Rs. 200 per share under the tenure of then–Nepal Insurance Authority Chairman Surya Prasad Silwal....

Kathmandu — Nepal’s insurance regulator, Insurance Authority Nepal, has come under scrutiny for remaining inactive despite clear evidence that shareholdings in microinsurance companies exceed the legal cap of 15% for a single individual or family. The lack of action...

Kathmandu — Nepal Life Insurance Company Limited has introduced a special scheme offering a full waiver on late fees for the revival of lapsed insurance policies, marking its 25th anniversary. In light of ongoing economic challenges that have led...

KATHMANDU — Fresh controversy has emerged in Nepal’s insurance sector after reports revealed that Home Minister Sudan Gurung holds shares in Star Micro Insurance Company, a firm allegedly established through irregular licensing practices. The issue traces back to the...

Kathmandu — Neco Insurance Company Limited has come under scrutiny for allegedly offering benefits outside approved policy terms to lure clients away from competing insurers. The Nepal Insurance Authority has sought clarification from the company following reports of irregular...

The move follows recent developments linked to an investigation into activities associated with the Hilton Hotel case, carried out in line with directives from the Commission for the Investigation of Abuse of Authority. After the Authority submitted its report,...