September 9, 2024 14:52 pm
KATHMANDU, Sept 9: Insurers have filed a writ petition against the government for its apathy to settle payment for COVID-19 insurance claims.
March 26, 2024 09:30 am
KATHMANDU, March 26: At a time when the government has been announcing its plans to prioritize farm insurance through the budget for the next fiscal year, the insurers have stopped selling farm insurance policies citing the delay in getting the subsidy that the government has promised to provide them.
December 17, 2023 08:30 am
KATHMANDU, Dec 17: Nepal Insurance Authority (NIA) is considering blacklisting insurers and all those concerned if found cheating their customers.
February 2, 2023 20:40 pm
KATHMANDU, Feb 2: The Nepal Insurance Authority (NIA) has cautioned 10 insurers to submit their financial reports on time or face actions.
December 14, 2022 08:00 am
KATHMANDU, Dec 14: More than 6,000 insured individuals surrendered their life insurance policies amounting Rs 1.11 billion during mid-October and mid-November.
July 11, 2022 06:25 am
KATHMANDU, July 11: The Insurance Board (IB) has directed the Nepali insurance companies to maintain real time transaction data from the next fiscal year.
April 3, 2022 18:20 pm
KATHMANDU, April 3: The Insurance Board (IB) has barred the board members of insurance companies from assuming the position for more than two terms.
April 1, 2022 06:30 am
KATHMANDU, April 1: The Insurance Board (IB) has asked the insurers to either increase their capital base or go into a merger if they fail to do so.
October 26, 2021 06:30 am
KATHMANDU, Oct 26: Nepali insurance companies collected insurance premiums worth Rs 47.87 billion in the first three months of the current fiscal year.
February 2, 2021 17:44 pm
KATHMANDU, Feb 2: Insurance companies have collected premiums worth Rs 36.61 billion in the first half of the current fiscal year, which is an increment of 25.67 percent to the amount collected during the same period in the last fiscal year.
July 7, 2018 05:35 am
BANEPA, July 7: Beema Samiti -- the insurance sector regulator -- has said that it will direct insurance companies that fail to meet the new paid-up capital requirement within the specified deadline to pursue merger.
March 13, 2017 00:00 am
KATHMANDU, March 13: Non-life insurance companies are yet to settle 24 percent of the claims arising out of the 2015 earthquakes.