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

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.

KATHMANDU, July 11: The Insurance Board (IB) has directed the Nepali insurance companies to maintain real time transaction data from the next fiscal year.

KATHMANDU, April 3: The Insurance Board (IB) has barred the board members of insurance companies from assuming the position for more than two terms.

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.

KATHMANDU, Oct 26: Nepali insurance companies collected insurance premiums worth Rs 47.87 billion in the first three months of the current fiscal year.

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.

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.

KATHMANDU, March 13: Non-life insurance companies are yet to settle 24 percent of the claims arising out of the 2015 earthquakes.