“There is a need for collective reform to fully operate the Udaypur Cement Factory”-Finance Minister Dr. Mahat

Kathmandu: Finance Minister Dr. Prakashsaran Mahat said that Udaipur cement factory is important for the country. While inspecting the mines used by the industry in Udaipur on 20th of December, he said that the problems of this industry should...


Insurance Authority making important decisions without the representative of the Ministry of Finance

Kathmandu: The Nepal Insurance Authority has prepared to take important decisions without the official representative of the Ministry of Finance. Bhupal Baral is the director appointed by the Ministry of Finance for the authority. Now Baral is resting at...


Insurance agents in final preparations to meet MDRT target, in a rush with only 11 days left

Kathmandu : Mahakumbh Mela of Insurance Agents is in the final preparations to achieve the target of MDRT. Every year insurance agents have a dream to at least become an MDRT. In order to realize that dream, the actor...


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...


Tax evasion by Suryajyoti Life by submitting false information,total income

Kathmandu : Beemapost found the fact that after the integrated business as Suryajyoti Life, the former Surya Life and Jyoti Life had submitted false statements to the tax office while submitting the financial statement of the previous fiscal year...


The condition of spending more than the insurance amount while struggling to get insurance claim payment should be put an end-Chief Minister Karki

Kathmandu: Nepal Insurance Authority has organized an insurance-related interaction and discussion program with the government of Koshi Province on 18th of December, 2023 A.D in the auditorium of the office of the Chief Minister and Council of Ministers of...


About 13 billion rupees tax collection in two days from FPO and Merger Gain after the rejection of Writ

Kathmandu : Due to the policy taken by Finance Minister Dr. Prakash Sharan Mahat, 12.81 billion Rupees of tax has been deposited in the state treasury in two days from the premium of FPO and the bargain purchase gain...


“The role of insurance surveyor is very important to give a new height to the insurance sector”-Finance Minister Dr. Mahat

Kathmandu: Finance Minister Dr. Prakash Sharan Mahat said that the role of surveyor will be important to give new heights to the insurance sector. Finance Minister Dr. Mahat said, “Even though insurance started a long time ago, it has...


All petitions Against the Decision to Collect tax on Mergers and FPOs were Dismissed by the Supreme Court

Kathmandu: All petitions against the decision to collect tax on mergers and FPOs were dismissed by the Supreme Court, banks and insurance companies must pay 40 billion as tax. After the statement of the government’s decision to levy tax...


Global Insured Losses From Severe Convective Storms Hit New High of $60B: Reported by Swiss Re

Global insured losses from severe thunderstorms have hit a new all-time high of US$60 billion in 2023, with overall natural catastrophe claims surpassing $100 billion, according to Swiss Re Institute in a new report. As the US is particularly...