Kathmandu — A dispute has intensified between the Nepal Insurance Authority and the Employees Provident Fund (EPF) over cross-shareholding in insurance companies, particularly concerning ownership levels that exceed the regulatory threshold. The issue gained attention after the Auditor General’s...
Kathmandu — The Nepal Insurance Authority has uncovered irregularities while monitoring and investigating more than half a dozen non-life insurance companies. The regulator is preparing to take action against companies found issuing insurance policies at rates that differ from...
Kathmandu — National Insurance Company Limited has called on policyholders to collect payments for claims filed under insurance policies issued during the fiscal years 2019/20 to 2020/21. The company stated that although claims were registered for policies issued during...
Kathmandu — Prabhu Insurance Limited has scheduled its 30th Annual General Meeting (AGM) for April 22 at 11:00 am. The meeting will take place at the company’s head office, Prabhu Complex in Tinkune, Kathmandu, following a board meeting held...
Kathmandu — Insurance companies that had long struggled to conduct their annual general meetings (AGMs) on schedule are now showing improvement. Due to repeated directives from the Insurance Authority in recent years and ongoing coordination with companies, all but...
Kathmandu — The Nepal Insurance Authority has revised the Reinsurance Directive for Insurers, 2023 after foreign reinsurance brokers failed to establish branch offices in the country. The Authority had earlier amended the directive in August 2025, requiring brokers to...
Kathmandu – A discussion program on insurance policies, challenges, and solutions in the transport sector of Koshi Province was held today in Biratnagar. The event was organized by the Koshi Province Office of the Nepal Insurance Authority. The program...
Kathmandu — Prabhu Insurance Company has announced the sale of 680,000 promoter shares held by its founding shareholders. The company has not disclosed a minimum price for the offering. The shares are currently open only to existing promoter shareholders,...
Kathmandu — Nepal’s non-life insurance companies expanded their business by 13.11% in the first eight months of the current fiscal year (2025/26), earning over NPR 31 billion in total premium income. According to data up to the end of...
Kathmandu — Neco Insurance Company has been found to have prepared and sold insurance policies illegally, targeting farmers in buffer zone areas. The company is reported to have disregarded existing insurance regulations and laws, and is said to have...