Insurance companies have not yet submitted their financial statements for the past year, facing fines of millions

 Rina khatri Kathmandu : Regulatory body Nepal Insurance Authority has warned nine insurance companies for not providing financial details on time. According to Section 84 of the Insurance Act, the financial statement of the previous year should be submitted...


‘Rastriya Jeevan Beema Company Limited Entering the 57th year

Kathmandu : The government-owned Rastriya Jeevan Beema Company Limited, former (Rastriy Beema Sansthan) has entered its 57th year after completing 56 years of establishment. Rastriya Jeevan Bima Company Limited established as an insurance service provider under government ownership has...


Nepal Insurance Authority Madhesh Province’s Office has Discussion on between Insurers

Kathmandu : Nepal Insurance Authority Madhesh Province office has completed a discussion program with branch and sub-branch heads of life, non-life and micro insurance in Janakpur’s ​​Dhanusha district. Head of the Madhesh Province Office, got information about the problems...


Agriculture Development Bank announced for 112 employees

Kathmandu : Agriculture Development Bank Limited has demanded 112 employees. The bank has invited applications from eligible Nepali citizens to fill the post through open and inclusive competitive examination. The bank employs two each in branch head and senior...


Significant progress of Sun Nepal Life in the 2nd Quarter, Life insurance fund worth 6.5 billion And EPS (Earning Per Share) Rs 20.52

Kathmandu: Sun Nepal Life has published the second quarter financial statement of the current fiscal year (2079/80) on 21st of Magh, 2080 B.S. According to which the company has succeeded in making significant progress in the last six months....


By spreading confusion in the financial sector, political objectives will not be achieved: Finance Minister Dr. Mahat

Kathmandu: Finance Minister Dr. Prakashsharan Mahat has said that recently there is an attempt to bring about an external crisis by spreading the rumor that this bank is going bankrupt. Dr. Mahat addressing the 4th National Microfinance Members’ said...


Finance Minister Mahat’s instructions to the Insurance Authority to move the Insurance of Hydropower Projects to Non-Tariff

Kathmandu : Finance Minister Dr. Prakash Sharan Mahat has instructed to move the insurance policy of hydropower projects to Non-Tariff (without any charge). Speaking at the workshop on “Hydropower Insurance Policy and Approach” organized by Independent Power Producers’ Association,...


Finally, The Governor of Nepal signed in the Anti-national Agreement, the conspiracy of handing over the bank account details of Nepalese to India Company

Kathmandu. Mahaprasad Adhikari, the Governor of Nepal Rastra Bank (Central Bank of Nepal), has finally embarked on a national strike. He has signed the Terms of Reference (TOR) regarding cross-border payments to hand over the bank account and financial...


What is the progress made by the life insurance companies listed in NEPSE ?

Kathmandu : The life insurance companies listed in NEPSE have published their financial statements for the second quarter. Nepal Life has maintained its lead in the life insurance companies till the second quarter. Nepal Life has proven itself to...


Life insurance companies spent more than 5.5 Billion Rupees on agent commission, although half of the Companies’ commission was reduced 

Kathmandu : Life insurance companies have released their financial statements for the second quarter of the current fiscal year 2080/81 B.S (2023 A.D). The life insurance companies currently under management have spent 5 billion 883 million 258 thousand Rupees...