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...


Prachanda’s announcement to change the working style of the government started from the Prime Minister’s office

Kathmandu : Prime Minister Prachanda has said that the working style of the government will be completely changed in the second year. Addressing the countrymen on the occasion of the completion of one year of assuming the office of...


The business of billions postponed when the file of the reinsurance company’s country credit rating was pending at the Insurance Authority a loss of three billion this year alone.

Kathmandu : The Nepal Reinsurance Company’s business worth billions has been stopped because the country credit rating file of the Nepal Insurance Authority is stuck in the insurance authority. Shankar Kumar Rayamajhi the current CEO of the company has...


National Commercial Bank has been Honored

Kathmandu: In the banking business of National Commercial Bank, significant progress has been made in technology-based digital business on filing system which started on 10th January 2022 A.D. Among the commercial banks of Nepal, the government bank National Commercial...


UN head pays tribute to staff killed in Gaza as resolution slammed

Secretary-General of the United Nations Antonio Guterres speaks to the press after Security Council adopted resolution on Gaza humanitarian aid at UN Headquarters. Bianca Otero/ZUMA Press Wire/dpa UN Secretary General António Guterres has paid tribute to the United Nations...


Tighten your fiscal belt or sink: IMF ED Krishnamurthy Subramanian warns select states

Himachal Pradesh, Kerala, West Bengal, Andhra Pradesh must cut unproductive expenditures, says Krishnamurthy V Subramanian. The former Chief Economic Advisor also said that states with large revenue deficits will find it tough to get out of debt as these...


The interaction program of Insurance Authority with non-governmental organizations and financial sector of Karnali Province was completed in a grandeur

Kathmandu : The Karnali Province Office of the Nepal Insurance Authority has completed a discussion and interaction program related to insurance with non-governmental organizations and the financial sector in Karnali Province. Under the chief hospitality of the Minister of...