Indian Government able to earn about IRS 92 billion

India govt open to selled stake in GIC Re, LIC in FY24/25, says source Delhi (Reuters)  – The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India...


Extending the Term Period of the Chairman of the Nepal Insurance Association Without Holding the General Meeting

Kathmandu ; There is a record that most of the insurance company cannot conduct there Annual General Meeting in time due to late submission of actuary valuation testing. However, a national organization like Nepal Insurance Association, which is not...


Insurance Authority’s suggestions in upcoming Budget regarding discount on Insurance Premiums

Kathmandu; The Insurance Authority has submitted a proposal that the budget for the next financial year should be brought in such a way that it will help to expand the reach of the insurance sector. Chairman of Insurance Authority...


Insurance agent Bhandari succeeded to become MDRT of LIC Nepal’s in the shortest period of time

Kathmandu ; Insurance agent Dharmaraj Bhandari, succeeded to become MDRT of Life Insurance Corporation -(Nepal) for the year of 2025. Agent Bhandari, who is attached to the company’s Baneshwar branch office, has succeeded in becoming MDRTB for the year...


Insurance Authority’s Server Down, Agent Exam in Confusion

Kathmandu; Cause of Nepal Insurance Authority server obstruction the examines is confusion to give  exams. The Insurance Authority while launched a new website the website  server is obstruction Agents and surveyors have to face problems due to created during...


In nine months, about 450 Billion Rupees Interest collected by 20 Commercial Banks

Kathmandu ; In the last 9 months, 20 commercial banks has collected around 450 billion Rupees as an interest . According to the financial statements published by the banks up to the end of Chaitra Month, of the current...


Basis of insured and insurer’s suggestion, policy will prepare : Chairman Silwal

Kathmandu ; Chairman of Nepal Insurance Authority Surya Prasad Silwal has said that he is preparing to take suggestions regarding what should be done for the interests of the insured, insurers, etc. He mentioned that the authority prepares policy...


Cause of the Insurance Authority Decision, Facing the Difficulty to Government, Planing to Game to Sank the government company

Kathmandu ; Decision of Nepal Insurance Authority’s to increase the capital of reinsurance companies at 20 billion, Without asking to government taken a decision regarding the increased capital of reinsurance company by forceful. Due to the decision of the...


Extreme Mistrust of the Federal Parliament Towards the Structure of the Insurance Authority

Kathmandu ; Regulator body, Nepal Insurance Authority It has been found that the sovereign parliament has extreme distrust regarding the structure insurance authority, From the bill approved by the President’s Office on 30th of Chaitra last year to make...


Insurance companies are hastily searching for DCEO

As the Nepal Insurance Authority has instructed to send the details of the DCEO to the Insurance Authority this week, the insurance companies are currently in the process of new appointment process. As soon as the authority’s letter reached...