Kathmandu — General Insurance Association of Nepal (GIAN) has urged the Insurance Authority (NIA) to address pressing challenges in the country’s insurance system, emphasizing the need for policy reforms that could enhance investor confidence and improve operational efficiency. In...

Kathmandu — The Nepal Insurance Authority (NIA) has convened a high-level discussion with key stakeholders to address the ongoing challenges in insuring Nepal’s hydropower sector. The meeting, held at the Authority’s central office in Kupandol, brought together representatives from...

As the world continues to grapple with intensifying climate-related disasters, the Swiss Re Institute has reported a marked rise in global insured and economic losses for the first half of 2025, with warnings that the year’s total could exceed...

Kathmandu — Prabhu Insurance Limited has once again secured a “Triple B Plus (Issuer)” credit rating from Infomerics Credit Rating Nepal Limited, reaffirming the company’s financial strength and operational stability. The company, which was founded in 1995, has maintained...

Kathmandu – Rajendra Malla, President of the Nepal Non-Life Insurance Association and outgoing President of the Nepal Chamber of Commerce, has underscored the critical need for stronger collaboration between the government and the private sector to enhance the performance...

Kathmandu – The government-owned Rastriya Beema Company Limited has officially entered its 12th year of operation, marking over a decade of dedicated service in Nepal’s non-life insurance sector. On this occasion, the company has reaffirmed its commitment to enhancing...

Kathmandu – In the aftermath of the devastating floods and landslides that struck Rasuwa district on Ashar 23, insurance companies have received claims totaling over Rs 850 million. According to data released by the Nepal Insurance Authority, a total...

Kathmandu — Four insurance companies remain stuck in the approval pipeline of the Securities Board of Nepal (SEBON), awaiting permission to issue rights shares despite mounting regulatory pressure to raise their paid-up capital. Prabhu Mahalaxmi Life Insurance, Sanima GIC...

Kathmandu — The Nepal Insurance Authority organized a high-level stakeholder consultation on Wednesday at its central office in Kupandol, bringing together representatives from non-life insurance companies, reinsurance firms, and the construction sector to address persistent challenges in engineering insurance....

Kathmandu — The Nepal Stock Exchange (NEPSE) witnessed a sharp decline on Wednesday, the fourth trading day of the week, as the benchmark index dropped by 47.93 points to settle at 2,954.14 points. The decline marked one of the...