The Authority Announces on Taking Action Against Insurance Companies that Submit Incorrect Financial Statements

Kathmandu : The Nepal Insurance Authority has initiated action against 19 insurance companies for cheating the regulator by entering wrong details in the integrated software. The Insurance Authority has sought clarification from 19 insurance companies for entering incorrect details in...


Why policy Surrender? What will be the Effect on the Insurance Sector if the Surrender Rate Increases ?

Rina Khatry Kathmandu : The policy surrender rate is increasing in the Nepali Insurance market. According to the Insurance Regulatory Authority, 9,779 policies worth 1.28 billion rupees were surrendered in the first month of the current financial year. The...


Authority Instruted Insurance Companies to Resume Insurance Literacy Programme

Kathmandu: The Nepal Insurance Authority has instructed the insurance companies to resume the insurance literacy program. It has also instructed the currently operating insurance companies to conduct an insurance literacy program.It has designated several districts for life insurance companies...


Branch Star Award Program of IME Life Was Completed in Dipayal in Sudurpaschim

Kathmndu : IME Life Insurance Company has completed the Branch Star Award program in the presence of Kavi Phuyal, Chief Executive Officer of the company on (Sep 7) at Ghatal Hotel in Dipayal, Sudurpaschim Province.Chief executive officer of the...


Application for Citizen Life’s IPO Closes Today !

Kathmandu : Today is the last day to apply for IPO of Citizen Life Insurance. The company issued the IPO to the general public after the distribution of the IPO issued for employees and Nepalese in foreign employment. The...


The Authority Announces on Taking Action Against Insurance Companies that Submit Incorrect Financial Statements

Kathmandu : The Nepal Insurance Authority has initiated action against 19 insurance companies for cheating the regulator by entering wrong details in the integrated software. The Insurance Authority has sought clarification from 19 insurance companies for entering incorrect details in...


LIFE INSURANCE IS HAVING TOUGH TIME ON THE MONTH OF MID JULY 2023 ACCORDING TO THE DATA, 55% OF TOTAL NEW BUSINESS  INUSURANCE POLICIES GET SURRENDERED

Statistics show that Nepal life insurance sector is about to reach a painful situation. In the month of July, half of the amount that life insurance companies brought in from new insurance business came out of the policy surrender...


Reliable Nepal Life is Buying Real Estate in 8 Locations Including Kathmandu Valley

Kathmandu : Reliable Life Insurance Limited is planing on purchasing real estate. The company published a notice today and informed that it will purchase real estate in 8 locations across the country including Kathmandu Valley.As the company is going...


Abused to Karki Unexpected Property Collection By the AAIC

Kathmandu, Illegal Unexpected Asset Collection Water, Resources Investigation Development Center Accountant Officer Authority Accuse Investigation Commission’s Under control water resources investigation development center, Lalitpur accountant officer Toran bahadur karki is accused of illegally asset collection is under investigation for...


Cricket Match with India Will Be Provided 5 Lakh Rupees Insurance

Kathmandu : Now Every Cricket Players Participating in The Cricket Match with India Will Be Provided 5 Lakh Rupees Insurance as an Incouragement. Citizen Life Insurance has announced that it will provide up to 5 lakhs of insurance for players...