Nepal Life and National Life’s first premium income increased significantly, 9 companies including SuryaJyoti life decreased

Kathmandu : The portion of first insurance fee in the total business done by life insurance companies till the end of January- February, 2023/2024 A.D (2079/080 Magh), of the current fiscal year 2079/80 has reached above 16 billion Rupees....


14 Life Insurance companies succeed to earn own business more than 750 Billion Rupees

Kathmandu : Until the Mid of February 2024 A.D end the of (Magh, 2080 B.S) of fiscal year 2023/2024 A.D (2079/80 B.S), life insurance companies were able to succeed the total business of worth 86 Billion 880 million rupees....


Seven thousand insurance agents got license system of online examination

Kathmandu : At present, more than 7 thousand people who want to work in life insurance companies operating in Nepal have passed the online examination. The total number of agents who have passed the online examination (Zoom) of life...


Insurance companies have not yet submitted their financial statements for the past year, facing fines of millions

 Rina khatri Kathmandu : Regulatory body Nepal Insurance Authority has warned nine insurance companies for not providing financial details on time. According to Section 84 of the Insurance Act, the financial statement of the previous year should be submitted...


‘Rastriya Jeevan Beema Company Limited Entering the 57th year

Kathmandu : The government-owned Rastriya Jeevan Beema Company Limited, former (Rastriy Beema Sansthan) has entered its 57th year after completing 56 years of establishment. Rastriya Jeevan Bima Company Limited established as an insurance service provider under government ownership has...


Nepal Insurance Authority Madhesh Province’s Office has Discussion on between Insurers

Kathmandu : Nepal Insurance Authority Madhesh Province office has completed a discussion program with branch and sub-branch heads of life, non-life and micro insurance in Janakpur’s ​​Dhanusha district. Head of the Madhesh Province Office, got information about the problems...


Agriculture Development Bank announced for 112 employees

Kathmandu : Agriculture Development Bank Limited has demanded 112 employees. The bank has invited applications from eligible Nepali citizens to fill the post through open and inclusive competitive examination. The bank employs two each in branch head and senior...


Significant progress of Sun Nepal Life in the 2nd Quarter, Life insurance fund worth 6.5 billion And EPS (Earning Per Share) Rs 20.52

Kathmandu: Sun Nepal Life has published the second quarter financial statement of the current fiscal year (2079/80) on 21st of Magh, 2080 B.S. According to which the company has succeeded in making significant progress in the last six months....


By spreading confusion in the financial sector, political objectives will not be achieved: Finance Minister Dr. Mahat

Kathmandu: Finance Minister Dr. Prakashsharan Mahat has said that recently there is an attempt to bring about an external crisis by spreading the rumor that this bank is going bankrupt. Dr. Mahat addressing the 4th National Microfinance Members’ said...


Finance Minister Mahat’s instructions to the Insurance Authority to move the Insurance of Hydropower Projects to Non-Tariff

Kathmandu : Finance Minister Dr. Prakash Sharan Mahat has instructed to move the insurance policy of hydropower projects to Non-Tariff (without any charge). Speaking at the workshop on “Hydropower Insurance Policy and Approach” organized by Independent Power Producers’ Association,...