Nepal Insurance Authority Performing DDA of A Dozen Insurance Companies

Kathmandu: The regulatory body Nepal Insurance Authority is going to conduct a detailed audit ‘DDA’ (Due Diligence Audit) under its rules to reveal the assets and liabilities of the insurance company. Since, the authority has to audit the assets...


LIC Nepal has been asked by two regulators for an Explanation

Kathmandu: Nepal Insurance Authority and Nepal Securities Board of Nepal (SEBON) have asked for an explanation about the delay in the issue of LIC Nepal’s rightful shares. According to the sources of the Securities Board of Nepal, the study...


Baseball-Size Hail Makes Insuring Solar and Wind Farms Pricie

The Scottsbluff solar farm in western Nebraska was built to withstand most hailstones. But the icy pellets that rained down in late were bigger than baseballs. The hail part of a larger pattern of severe storms, heat and other...


Hydrangeas are Blooming Thanks to Washout Summer

Horticultural student amongst hydrangeas at RHS Wisley CREDIT: RHS/Oliver Dixon Hydrangeas are in bigger and brighter bloom this year thanks to washout summer weather The flowers are in the best health in years, according to the Royal Horticulture Society (RHS),...


Israel to Flood Hamas Tunnels with Seawater

Israeli military have started setting up pumps to flood Hamas’s tunnels in Gaza with seawater CREDIT: Dr.Eli David via X Israeli troops have been photographed setting up pumps to flood Hamas’s tunnels with seawater. The Israel Defense Forces (IDF) released...


Priming Private Sector Investment in Adaptation Innovations to Correct Course on Climate Finance in East Africa

As global leaders participate in the 28th Conference of the Parties (COP) at the UN Climate Change Conference in Dubai, an inaugural climate adaptation report focused on East Africa has revealed that impact investors have predominantly focused on initiatives to...


Unanimous decision of the ruling party to investigate the corruption of Ncell Company

Kathmandu: Prime Minister Pushpa Kamal Dahal- Prachanda has succeeded in making a unanimous decision to investigate the scam involved in the purchase and sale of 80 percent of Ncell’s shares leading to billions in tax evasion. At the meeting...


Insurance Interaction Program Completed in Mahottari

Kathmandu: Madhesh Province, Office of Nepal Insurance Authority has conducted an insurance interaction program. The authority completed the interaction program with other municipalities of Mahottari on 6th of December, 2023 A.D. According to the annual program for the fiscal...


Distribution of Insurance money to the Families of those who Died in the ‘Jajarkot Earthquake’ on the Initiative of the Insurance Authority

Kathmandu: The Karnali state government has started handing over insurance funds to the families of those who died in the Jajarkot earthquake. With the initiative and coordination of the Nepal Insurance Authority Karnali Provincial Office, the provincial government has...


Governor Adhikari to the Finance Committee, Loan Disbursement has Become Easier as Interest Rates are Falling, Brief note of 25 points Said by Governor

Kathmandu : Central Bank has submitted a 25-points brief note to the Federal Parliament House of Representatives, Finance Committee. In a 25-points brief note, he has also mentioned that since the interest rate has further decreased, the average base...