Nepal's insurance sector is experiencing significant growth and regulatory evolution, with the Insurance Board introducing enhanced governance standards, solvency requirements, and reporting obligations. Insurance companies must navigate complex accounting for policy reserves, claims provisioning, and investment portfolios while meeting increasing regulatory expectations. Our insurance practice combines audit expertise with sector-specific regulatory knowledge, supporting insurers through statutory audits, actuarial reserve reviews, IFRS 17 preparedness assessments, and governance advisory.

SECTOR PRESSURE POINTS

Industry Challenges

  1. 01Insurance Board regulatory compliance
  2. 02IFRS 17 implementation preparedness
  3. 03Actuarial reserve adequacy and provisioning
  4. 04Investment portfolio governance
  5. 05Claims management and fraud detection
OUR VALUE ADDITION

BGNA Capabilities in Insurance

We bring deep expertise in insurance sector auditing, including actuarial reserve review support, regulatory compliance advisory, and financial reporting for both life and non-life insurers.

Explore Our Insurance Capabilities

Schedule a briefing with our lead advisors to explore how we can support your business requirements.