Dominance of Indian Insurance Companies in Madhesh

Birgunj: Stakeholders have said that the insurance culture in Madhesh province is weak and Indian insurance companies are dominant, so Nepali insurance companies should be aware of this. Stakeholders made this suggestion during the interaction and discussion program on...


Preparations to Make Provisions for FPO Tax and Merger Benefit Tax by Insurance Authority, Signs of Tightening in Dividend Distribution

Kathmandu : The Nepal Insurance Authority is going to make provisioning for the amount until the final decision is made regarding the tax on FPO income and merger profit.Insurance companies issued FPO by Nepal Insurance Authority and companies that...


On Taking  Loan in the Name of the Dead Insurer and Using the Insurance Claim Payment

Kathmandu : On Taking  Loan in the Name of the Dead Insurer and Using the Insurance Claim Payment Amount, Branch Head of Swavalamban Microfinance Has been Suspended. It has been found that Swavalamban Microfinance has taken a loan in...


Sanima Reliance Life’s New Bonus Rate Announced, How Much is in The Plan ?

Kathmandu : Sanima Reliance Life has announced new bonus rate.  On 22nd Bhadra 2080(8th Sep 2023), the company has announced the bonus rate of insurance articles for the last financial year 2078/79 B.S (2022).According to the bonus rate announced...


Free Primary Health Camp Area Organized in Dudhkuna by Nepal Life

Kathmandu : Nepal Life Insurance Company has completed a free primary health camp for pilgrims at Dudhkunda, a famous religious place at an altitude of 4632 m in Solukhumbu district, in collaboration with Nepal Red Cross Society Taksindu sub-branch...


Bonus Rates of 12 Out of 14 Life Insurance Companies Are ,  How Much do Policyholders of Those Companies Get ?

Kathmandu : Out of the 14 life insurance companies operating in Nepal, 12 companies have announced the new bonus rate to be given to the insured. 12 companies have announced new bonus share for the financial year 2078/79 B.S...


LIC Nepal, The Country’s Second Largest Life Insurance Company, Enters It’s 23rd Years of Service

Kathmandu : LIC (Nepal) Limited has entered into the 23rd year after completing 22 years of its establishment.The 22nd anniversary was celebrated with grandeur by organizing an event at the company’s corporate office. In that event, Pranay Kumar, the Chief...


Twellth Year’s 42 Projects 12 Hundred Billion 50 Billion Investment 

Kathmandu, Investment Board Nepal own 12 Year Friday Annual inauguration ceremony on investment board foundation occasion, in the 12 year energy sector 28 and Non energy sector along with 14 project. Total of 42 project 12 billion amount equal...


The IPO of Citizen Life Insurance will be Distributed Next Week

Kathmandu : The IPO of Citizen Life Insurance will be distributed next week. 15 lakh 10 thousand 693 (1.5 million) people have applied for this IPO, in which the amount of 4 million 9 crore 68 lakh 3 Thousand...


The Authority Announces on Taking Action Against Insurance Companies that Submit Incorrect Financial Statements

Kathmandu : The Nepal Insurance Authority has initiated action against 19 insurance companies for cheating the regulator by entering wrong details in the integrated software. The Insurance Authority has sought clarification from 19 insurance companies for entering incorrect details in...