Kathmandu — Preliminary insurance claims filed with insurance companies following the floods in the Bhotekoshi and Trishuli rivers on Bhadra 10, 2083, have reached NPR 25.87 billion. According to data compiled by the Nepal Insurance Authority as of Bhadra...

KATHMANDU — Germany added its voice to the growing list of nations mourning with Nepal, with its top diplomat in the capital putting pen to paper in a condolence book set up by the Ministry of Foreign Affairs. The...

ISLAMABAD — Pakistan extended a formal gesture of sympathy to Nepal this week, dispatching two senior figures to the Nepalese Embassy in Islamabad after a devastating chain of natural disasters struck the Himalayan nation. Acting on directions from the...

Kathmandu — Nepal Life Insurance Company has wrapped up its ‘Leadership Excellence Award 2026,’ celebrating 25 years in business by honoring 637 top-performing agents and agency managers from across the country. The event, themed ‘Everest Year, Clouds and Beyond,’...

Kathmandu — Life insurance companies operating in Nepal extended a total of NPR 94.78 billion in policy loans to their policyholders during the fourth quarter of fiscal year 2025/26 (2-82/83), according to the latest financial disclosures. The total amount...

Kathmandu — Employees of Himalayan Life Insurance have provided food and clothing worth approximately NPR 800,000 to citizens affected by the recent floods and landslides in Rasuwa district. The food and clothing were voluntarily collected by employees with the...

Southeast Asian governments are working to make national digital IDs usable across borders. Officials say a Thai driver’s license could soon be verified at a Malaysian checkpoint with a QR scan, or a Filipino engineer’s credentials checked in seconds...

Kathmandu — Five of Nepal’s leading life insurance companies have come forward with a combined pledge of more than NPR 53 million to the Prime Minister’s Disaster Relief Fund, established by the Government of Nepal to support rescue, relief,...

Kathmandu — Contributions to the Prime Minister’s Disaster Relief Fund have surged following the devastating floods in the Bhotekoshi area, with more than NPR 4.38 billion collected as of Friday evening to support rescue, relief and reconstruction efforts. The...

Kathmandu — The Nepal Insurance Authority has introduced stricter requirements for insurers’ reinsurance arrangements, requiring them to structure reinsurance based on the nature of risks and their financial capacity. According to the Reinsurance Directive, 2023/24 issued by the Authority,...