Insurance companies have to submit details of four criteria, to investment in Insurance Authority

Kathmandu : Nepal Insurance Authority has directed to the insurance companies submit to details of four criteria

to investment in the four sector.

The Insurance Authority has directed to submit additional details for investment in tourism, airlines, education, health, agriculture, cable car and real estate business sector. Nepal Insurance Authority provide direction to the insurance companies to submit various additional details before investment.

The authority has informed the companies to submit various details before investment in the those of sectors according to 1.10 of the investment instructions of the insurer. According to the Rajuraman Paudel, executive director of the Insurance Authority, has said that the details must be submitted by the life insurance, non-life, pre-insurance and micro-insurance.