Contraction seen in Insurance Business, Even Reduction in numbers of Offices and Staffs

Kathmandu : With the recession seen in the country’s economy, the business growth of the insurance companies operating is also shrinking now-a-days. Due to the effects of the economy, like other sectors, the business of the insurance company has...


Asian Life entering in 17th years as a trusted life insurance company  

Kathmandu : Asian Life Insurance has entered its 17th year after completion of it’s operation of 16 years in the Insurance Industry since the establishment. Established on 21st of Chaitra 2064 B.S and licensed by the Insurance Committee on...


Almost 65% business of Non-life Insurance Company is solely covered by Bagmati province

Kathmandu : Non-life insurance companies are performing their operation in all the seven provinces of Nepal however the highest percent, which is almost 65% of total business is seen only in Bagmati Province. The 14 non-life insurance companies operating...


I will bring a budget that will touch the hearts of the people and be adopted by all: Finance Minister

Kathmandu, 17th March – Finance Minister Barshaman Pun (Ananta) has given instructions to prepare the budget for the next financial year 2081/082. Finance Secretary Krishnahari Pushkar, Revenue Secretary Ram Prasad Ghimire, Joint Secretaries of the Budget Writing Committee, Heads...


Ministry of agriculture Decided to send the first phase of agricultural insurance amount

Kathmandu : Closing the agriculture insurance from the chaitra 1, in attention that the impact on farmers government decided to provide 46 billion insurance subsidy through the insurance companies. The Agriculture and Livestock Insurance Fund Management Committee meeting held...


Authority’s instructions to insurance companies to stop lending insurance

Kathmandu : Nepal Insurance Authority has instructed to insurance companies to stop lending insurance to insurer. As the tendency of, specially non-life insurance companies to issue insurance policies on credit but, insurer ask for payment of claims instead of...


Laxmi Sunrise Bank’s Gender Equality and Women Empowerment Program completed

Kathmandu : Laxmi Sunrise Bank has organized the program ’24: Women Leadership Empowering, Inspire and Inclusion’ Emphasizing its commitment to promote the culture of inclusiveness, equality, empowerment and social responsible, The honorable member of the National Human Rights Commission,...


Office of Sudurpaschim Province Insurance Authority have completed Orientation Program in Dhangadhi

Kathmandu: The Sudurpaschim Province Office of Nepal Insurance Authority orientation program has been completed. and the program was collaboration with (Lee Bird).In this program, the head of Sudurpaschim province of the Authority, Hridayaswor Pandit, has given an orientation to...


Insurance Authority issued revised direction to reduce the distributable profits

Kathmandu : Regulatory body Nepal Insurance Authority has revised the financial statements of insurers for the first time. while long-term investment in seven sectors to the insurance companies to reduce distributable profits. Director of the Insurance Authority, Dinesh Kumar...


Will the Chairman of Investment Mega Bank Prithvibahadur Pandey be going to Jail on Chhaya Center case ?

Kathmandu : Lands registered in the name of individuals in the Baluwatar land scandal have now been nationalized. Just last week, the land of 10 Ropanies of the Bansbari leather shoe factory which was originally of Government but ,...