Insurers Urge Flood-Hit Policyholders in Rasuwa, Nuwakot and Dhading to File Claims

Kathmandu — Nepal’s insurance sector has swung into damage-response mode after severe flooding on the Bhotekoshi and Trishuli rivers in Rasuwa, Nuwakot and Dhading districts caused widespread loss of life and property, with multiple insurers and the Nepal Insurers’...


FNJ Koshi Launches Accident Insurance for 1,227 Journalists to Boost Field Safety

Kathmandu — The Koshi Province chapter of the Federation of Nepali Journalists (FNJ) has launched an accident insurance program covering 1,227 journalists working across the province, aiming to strengthen their professional and social security. The insurance program was formally...


Non-Life Insurers See Retained Earnings Drop 34% as Only Three Firms Post Gains

Kathmandu — Retained earnings at Nepal’s non-life insurance companies fell sharply in the last fiscal year, with the sector’s combined retained earnings dropping 34.36 percent from a year earlier. According to fourth-quarter financial statements for fiscal year 2025/26 (2082/83),...


National Assembly Passes Bill Raising Airlines’ Liability for Deaths, Injuries and Lost Baggage

Kathmandu — The government has moved to increase airlines’ liability for accidents, passenger deaths and injuries, lost baggage, and damage to third-party property. With the National Assembly unanimously endorsing the proposed Internal Air Service Liability Bill, airlines’ insurance coverage...


Non-Life Insurers Face Backlog of Over 100,000 Unsettled Claims

Kathmandu — More than 100,000 insurance claims remain unsettled across 14 non-life insurance companies operating in Nepal, according to their financial statements for fiscal year 2025/26 (2082/83). As of the end of Ashadh 2026, the companies had a combined...


11 of 12 Non-Life Insurers See EPS Decline, Average Falls by Over NPR 10

Kathmandu — Earnings per share (EPS) has emerged as one of the key indicators investors use to assess a company’s financial health and earnings quality. EPS shows how much profit a company generates for each share by dividing its...


Non-Life Insurers’ Profit Falls 39%, Prabhu Insurance Only Company to Post Growth

Kathmandu — The net profit of non-life insurance companies declined significantly in the last fiscal year, with the sector’s profitability continuing to come under pressure amid the slow recovery from losses caused by floods, landslides and the Gen Z...


Earthquake Premium Reserve Doubles; Nepal Insurance and Rastriya Beema Company Still in the Risk Zone

Kathmandu — Nepal’s non-life insurers more than doubled their earthquake premium reserve fund over the past year, strengthening their financial preparedness against seismic risk. However, two of the country’s oldest insurers (Nepal Insurance and Rastriya Beema Company) have yet...


Siddhartha Premier Insurance Retains ‘A’ Rating, Removed from Negative Watch

Kathmandu — Siddhartha Premier Insurance has retained its ‘A’ issuer rating, with ICRA Nepal reaffirming the company’s strong financial position, risk management capabilities, and ability to meet its policyholder obligations. The rating agency has also removed the insurer from...


Motor Insurance Generates NPR 15.5 Billion in Premiums

Kathmandu — Nepal’s non-life insurance companies collected a total of NPR 51.92 billion in gross written premiums during the last fiscal year by issuing 3.47 million insurance policies. Motor insurance remained the industry’s largest business line, generating NPR 15.49...