Nepal Insurance Authority’s Chair Surya Prasad Silwal to Face Further Investigation

Kathmandu – The chair of the Nepal Insurance Authority, Surya Prasad Silwal is under further investigation following allegations of corruption and document forgery. The Commission for the Investigation of Abuse of Authority (CIAA) has formally requested the Central Investigation...


Sun Life Endowment Insurance: A Popular Choice for Financial Protection

Kathmandu – Sun Life Endowment Life Insurance Plan offered by Sun Life Insurance, a policy that has quickly gained popularity for its comprehensive coverage, affordability, and ease of access. Known for its customer-centric approach, the company offers 15 insurance...


Nepal Insurance Authority Enforces Risk-Based Capital and Solvency Directive

Kathmandu – The Nepal Insurance Authority has introduced a new directive towards  a risk-based capital (RBC) and Solvency framework for life and non-life insurance companies. This move replaces the directive issued in 2022 and aims to better align capital...


UN Pushes for Swift Action to Finalize Global Plastic Pollution Treaty

Busan – The fifth session of the Intergovernmental Negotiating Committee (INC-5) commenced on November 27, 2024, with an urgent call to accelerate efforts toward a legally binding treaty to combat plastic pollution. With the December 1 deadline approaching, negotiators...


Indigenous Peoples Demand Justice and Recognition in Global Plastics Treaty

Busan – The International Indigenous Peoples’ Forum on Plastics has called for urgent action to address the devastating impact of plastic pollution on Indigenous communities and their territories. In a statement to state parties, the forum emphasized that Indigenous...


Santosh Narayan Shrestha Appointed as Chairman of Nepal Securities Board

Kathmandu – The Securities Board  of Nepal (SEBON) has appointed Santosh Narayan Shrestha as its new chairman after a prolonged vacancy. The decision was finalized during a cabinet meeting held on Monday. . The selection process was guided by...


Crest Micro Insurance Records Impressive Growth in First Quarter

Kathmandu – Crest Micro Insurance Company, which has made remarkable strides since its inception, has reported promising results for the first quarter of the current fiscal year. Crest Micro Life Insurance Limited earned a net profit of Rs. 1.15...


IME Life Insurance Reports 11.22% Increase in First Quarter

Kathmandu – IME Life Insurance Company has reported an 11.22% increase in its net profit for the first quarter of the current financial year, compared to the same period last year. The company’s net profit rose from NPR 130.3...


Citizen Life Insurance Sees Strong Profit and Fund Growth in First Quarter

Kathmandu – Citizen Life Insurance Company Limited has reported a substantial increase in profit and growth across other financial metrics in its unadjusted financial statement for the first quarter of the current financial year. The company’s life insurance fund...


Federation of Nepalese Journalists completed 12th Conference

Kathmandu : The 12th Conference program of Federation of Nepalese Journalists in Kathmandu has been completed. Information, Communication and Technology Minister, Rekha Sharma was present as the chief guest in that program. Deputy Editor of Beemapost, Dhan Bahadur Magar...