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 ,...


Non-life insurance business is ruled by motor insurance as more than one-third share is covered

Kathmandu : Motor insurance occupies the largest share of the business of non-life insurance companies. Although the business of non-life insurance companies is in more than half a dozen sectors, the share of motor insurance is the highest i.e....


Agreement with India to import of 554 MW electricity

Kathmandu : Nepal has signed an agreement to import 554 megawatts of electricity from India. According to the Nepal Electricity Authority, the electricity import agreement between Nepal and India has been renewed for three months. 500 MW of electricity...


Government provided mandate to earn, 2 billion insurance premiums term of life insurance fee

Kathmandu : The government has made insurance compulsory for ordinary citizens going for foreign employment. Currently, only 10 life insurance companies operating in Nepal are selling foreign employment insurance (MIA). Life insurance companies have earned insurance premiums worth 1...


Within one Month, the First Premium Fee earning of the life Insurance Companies has Increases by 11 Percent

Kathmandu: The 14 life insurance companies that are currently operating have increased their first Premium fee earnings by double digits within a month. According to the data published by the Nepal Insurance Authority, the first insurance premium income has...


The Life Insurance Companies earned a renewal fee of 9 billion Rupees within 8 the months

 Kathmandu : The life insurance companies have success to meet their targeting insurance business in the last month of Falgun 2080 B.S. Insurance companies the current fiscal year (2079/80), have earned at 9 billion 95 million 300 thousand Rupees...


life insurance companies Renewal Premiums Increased by 6% in comparison with last fiscal year

Kathmandu : The 14 life insurance companies currently operating have earned renewal insurance premiums worth at 79 billion 865.5 million Rupees until the end of Falgun month, 2080 B.S. Life insurance companies had earned 75 billion 200.7 million Rupees...


Life Insurances Companies Business have increases 5%, than the Government-Owned companies

Kathmand : Life insurance companies have increases the total of insurance premium businesses by 5.13 percent in the month of Falgun month of 2080 B.S. Even in the midst of severe economic recession, life insurance companies have achieved a...


The Insurance Business of Life Insurance Companies Getting close to 100 Billion Rupees

Kathmandu: In eight months of the current fiscal year, the life insurance companies business have reached nearly 100 billion Rupees. The companies have success to earn a total of 98 billion 531 million Rupees as total Premium fees by...