KATHMANDU, Jan 31: Nepali reinsurance companies will have to increase their paid-up capital to Rs 20 billion following a decision of the Nepal Insurance Authority (NIA) to increase the capital base of the reinsurers.

KATHMANDU, Oct 14: High-ranking officials of the Securities Board of Nepal (Sebon) and Nepal Insurance Authority (NIA) have been alleged of being involved in taking undue benefits to favor insurance companies while allowing them permits for issuing initial public offerings (IPOs) at premium prices.

KATHMANDU, April 10: The Nepal Insurance Authority (NIA) has asked the insurers to issue micro life-insurance policies of up to Rs 500,000.

KATHMANDU, Feb 2: The Nepal Insurance Authority (NIA) has cautioned 10 insurers to submit their financial reports on time or face actions.

KATHMANDU, Jan 16: A meeting of the National Disaster Risk Reduction and Management Authority (NDRRMA) has decided to facilitate the management of the bodies of the passengers who died in the Yeti Airlines plane crash on Sunday. This decision was taken by the committee meeting of NDRRMA held at Singha Durbar on Monday.

KATHMANDU, Dec 19: Nepal Insurance Authority (NIA) has put a curb on the investment of reinsurance companies.