Kathmandu — Nepal’s 14 non-life insurance companies renewed a total of 673,325 insurance policies during the first nine months of FY2025/26 (2082/83), according to their third-quarter financial statements. The figure represents an increase of 39,770 policies from 633,555 renewals...

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has retained its ‘ICRA NP-IR A’ issuer rating after ICRA Nepal reaffirmed the company’s credit profile and removed the ‘Rating Watch with Negative Implications’ status previously assigned to it. An ‘ICRA...

Kathmandu — The Nepal Insurance Authority has approved a new insurance policy designed to cover losses caused by wildlife attacks, bringing human, agricultural, and property damage under the country’s formal insurance system. The policy will come into effect from...

Kathmandu — The Nepal Insurance Authority has introduced a new set of regulatory requirements to strengthen the implementation of Nepal Financial Reporting Standard (NFRS) 17, requiring insurers to comply with updated rules governing financial reporting, bonus declarations, annual general...

Kathmandu — Minister for Agriculture, Forestry and Environment Gita Chaudhary has said the government is preparing to bring losses caused by wildlife under an insurance framework. Responding to questions during a meeting of the National Assembly on Wednesday, Minister...

Kathmandu — Nepal’s 14 non-life insurance companies issued a combined 2,196,148 insurance policies during the first nine months of the current fiscal year 2025/26 (2082/83), ending mid-April (Chaitra). This compares with 2,192,261 policies issued during the same period last...

Kathmandu — Shikhar Insurance Company Limited, one of Nepal’s leading non-life insurers, has crossed a major milestone by collecting more than Rs 6 billion in gross written premiums during the current fiscal year 2025/26, marking a significant achievement for the...

Kathmandu — Nepal’s life and non-life insurance companies settled insurance claims worth nearly Rs. 93 billion during the first 11 months of the current fiscal year 2025/26, while claims amounting to Rs. 49.44 billion remain unpaid, according to the...

Kathmandu – Motor insurance continued to dominate Nepal’s non-life insurance market during the first 11 months of the current fiscal year, accounting for the largest share of insurers’ total business. Backed by the growing number of vehicles on the...

Kathmandu – Nepal’s non-life insurance industry recorded Rs 4.09 billion in gross written premiums during the period from May 15 to June 14, 2026, according to business statistics published by the Nepal Insurance Authority. The 14 non-life insurers operating...