The insurance authority has asked for written suggestions to amend the directives related to motor insurance

February 1st, 2024

Kathmandu :The Nepal Insurance Authority has requested suggestions from the relevant stakeholders for the purpose of making timely amendments to the Vehicle Insurance Rates Directive, 2080 B.S.

The insurance authority has issued an official letter and asked for opinions, advice and suggestions in writing form from the stakeholders. Deadline has been given until 1st of Falgun, 2080 B.S (13th of February, 2024 A.D) to send suggestions.

According to section 166 of the Insurance Act 2079 B.S, the Authority has drafted a directive to make vehicle insurance more systematic and simplified. The Authority has requested written suggestions from the stakeholders for amending the draft.

Your Comment

Your email address will not be published. Required fields are marked *


*


Recommended for you

Sanima Reliance Saral Endowment Policy Gains Popularity for Its Unique Features

Sun Nepal Life Insurance Hosts Marketing Manager Program for Bagmati Province

Nepal’s Non-Life Insurers Face Profit Decline Due to Rising Claims

Crest Micro Life Insurance Introduces New Micro Insurance Plan for Marginalized Communities

Global Insurance Forum 2024: A Convergence of Innovation and Leadership in Miami

Non-Life Insurance Companies in Nepal Pay Rs. 4.24 Billion in Claims in First Quarter

Nepal’s Non-Life Insurance Sector Faces Significant Decline In Profits, with Some Companies Showing Growth

Shikhar Insurance Reports Modest Profit Growth in First Quarter

Siddhartha Premier Insurance Reports Strong Growth in First Quarter

Sanima GIC Insurance Reports Strong Growth in Profit and Key Financial Indicators for First Quarter

Sagarmatha Lumbini Insurance Company Reports Loss in First Quarter of Current Financial Year

Prabhu Insurance Reports 10% Profit Growth in First Quarter