Kathmandu — The commission expenses paid by 14 life insurance companies to their agents for business generation have increased by 12.04 percent in the third quarter of the current fiscal year 2025/26 (2082/83). According to the financial statements published...

Kathmandu — Nepal Insurance Authority Executive Director Sushil Dev Subedi has said that the fact that nearly half of the population still remains outside the scope of insurance is both a major challenge and a significant responsibility for the...

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has had its issuer rating reaffirmed based on its overall financial strength and continued business expansion. Credit rating agency ICRA Nepal has reaffirmed the company’s issuer rating at “ICRA NP-IR Triple B...

Kathmandu — Most microfinance financial institutions in Nepal have reported a strong improvement in earnings by the third quarter of fiscal year 2025/26 (2082/83). According to the unaudited financial statements released by all 50 listed microfinance companies, the sector’s...

Kathmandu — Himalayan Everest Insurance has received another significant milestone in financial credibility and business strength as it continues its rapid expansion in Nepal’s non-life insurance sector. Credit rating agency ICRA Nepal has assigned the company an “ICRA NP-IR...

Kathmandu — Life insurance companies have already published their financial statements for the third quarter. According to the data released by the companies, although most firms managed to maintain profit growth, the overall industry profit contracted as earnings of...

Kathmandu — The Nepal Insurance Authority has entered its 58th year starting today. The 58th anniversary has already been being marked since last week through various programs. However, due to the government’s cost-cutting campaign, the authority will not hold...

Kathmandu — The Nepal Insurance Authority has barred Himalayan Reinsurance from underwriting new reinsurance business for two months. The Authority stated that, except for reinsurance claim settlements and retrocession-related activities connected to existing reinsurance business, the company will not...

Kathmandu — The government has appointed Sushil Babu Dhakal from the Ministry of Physical Infrastructure and Transport to the board of the Nepal Insurance Authority, less than two weeks after amending the Insurance Act 2022 through an ordinance. Engineer Sushil...

Today marks the beginning of a new chapter in our journey. On this very day, May 14, 2021, Beemapost was launched with the campaign slogan “Sustainable Development of Insurance for Economic Prosperity.” Completing five years of operation, Beemapost now...