Kathmandu – Nepal’s 14 non-life insurance companies paid out more than Rs 19.80 billion in insurance claims by the end of the third quarter of fiscal year 2025/26 (2082/83), marking a 19.91 percent increase compared to the same period...

Kathmandu – Nepal’s non-life insurance industry generated more than Rs 40.29 billion in gross written premiums during the first ten months of fiscal year 2025/26 (2082/83), reflecting continued expansion across the sector. According to data released by the Nepal...

Kathmandu — Sanima GIC Insurance Limited has successfully concluded its eighth Annual General Meeting (AGM). The meeting was held at Nepal Police Club in Pradarshani Marg, Kathmandu. The AGM approved the company’s proposal to distribute a 5 percent bonus...

Kathmandu — Non-life insurance companies in Nepal have significantly expanded their investment in the capital market, increasing their exposure to shares of companies listed across various sectors on the secondary market. According to data provided by the Nepal Insurance...

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 — 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...

Kathmandu — United Ajod Insurance reported a net loss of Rs 69.7 million by the end of the third quarter of fiscal year 2025/26 A.D. (2082/83 B.S.), reversing from a net profit of Rs 116.1 million recorded during the same...

Kathmandu — Nepal’s non-life insurance sector came under heavy pressure by the end of the third quarter of fiscal year 2025/26 A.D.  (2082/83 B.S.), with profits across most companies declining sharply as rising claim payments weighed on earnings. According...

Kathmandu — Prabhu Insurance has published its third-quarter financial results for the current fiscal year, reporting growth in both premium income and profit. According to the company’s financial statement, net earned premium income increased by 5% year-on-year to more...

Kathmandu — Himalayan Everest Insurance has published its unaudited third-quarter financial results for the current fiscal 2025/26 (2082/83), reporting growth in premium income but a sharp decline in profitability. According to the company’s financial statement, net earned premium income...