Special session of Professional Insurance Agent Association Nepal Life starts from 6th January

Kathmandu : The special session of Professional Insurance Agent Association Insurance Committee of Nepal Life Insurance Company will start from 6th of January. The special session of the association will be held on January 6 and 7. The convention...


Tsunami hits Japan after 21 earthquakes above 4 magnitude in 90 minutes

Japan faced a magnitude 7.4 earthquake on Monday, triggering a tsunami with waves of 1.2 meters hitting Wajima in Ishikawa. In a span of 90 minutes, 21 earthquakes of over magnitude 4 shook the region. The Japan Meteorological Agency...


Eurostar cancels all trains after tunnel floods under River Thames

Thousands of passengers face severe disruption to their New Year’s Eve plans after Eurostar cancelled all of Saturday’s trains because of “unprecedented” flooding in its Thames Tunnel. Services came to a standstill to and from London St Pancras after a...


Country’s Leader Behaved Inhumanly with the citizen who were applying for EPS form in order to work in Korea

Kathmandu : It has been confirmed that the police fired indiscriminately on the orders of the Home Minister and the CDO on the agitating unemployed youths who were not allowed to take the Employment Permit System (EPS) examination at...


Mutual Funds: Opt for flexi cap or multi cap or large cap funds for fresh investments:

“Investing in mid and small cap segments may be a risky proposition given the elevated valuations. Therefore, from an investment perspective one can look for names/ assets which are relatively cheap or fairly valued in this market,” says S...


“Government is focused on increasing the scope of insurance and expanding insurance services”- Prime Minister

Kathmandu: Prime Minister Pushpa Kamal Dahal has said that the government will focus on increasing the scope of insurance and expanding insurance services in the coming fiscal year. Addressing the nation in the context of the completion of one...


Insurance Companies are Prohibited from issuing IPOs at a Premium

Kathmandu: The Public Account Committee of the Parliament has banned insurance companies from issuing IPOs at a premium. Meeting of the Public Account Committee of the Parliament held on 28th of December, 2023 A.D has given such instructions to...


10-Points Directive of the Audit Committee on Insurance, Hydropower and Public Companies

Kathmandu : The Public Audit Committee of the Parliament has discussed the issue of shares issued by insurance companies at a premium price, the issue of capital market and insurance. After receiving a complaint that the insurance company was...


Insurance company investment area can be be expanded bank fixed deposit varies

Kathmandu : It seems that insurance companies are not yet able to take the risk of investment. The regulatory body Nepal Insurance Authority has not yet been able to get rid of the fixed deposits of banks. Although the...


We have brought guidelines to provide access to reinsurance companies with good ‘ratings’ at the international level: President Silwal

Kathmandu : Chairman of Nepal Insurance Authority Surya Prasad Silwal has said that the authority has made necessary policy arrangements so that insurance companies can re-insure with internationally rated reinsurance companies. In an interaction between the Insurance Authority and...