Kathmandu, Nepal’s insurance industry is currently grappling with significant turmoil as the Insurance Regulatory Authority faces accusations of unethical practices and corruption. Allegations have surfaced that the regulatory body has been attempting to secure a share of commissions...

Kathmandu; Nepal Insurance Authority (NIA) has implemented a new directive that can be cancel the license of insurance agents. revising the standards for the institutional governance of insurer. A new provision has been inserted to revoke the insurance agent’s...

Govind Joshi is a well-known name in Nepali insurance sector. Joshi, who was born in Bajhang, a remote Himalayan district in the far west, is currently working as a Chief Agency Manager in IME Life Insurance. Joshi, who came...

India govt open to selled stake in GIC Re, LIC in FY24/25, says source The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India in financial year...

Kathmandu ; There is a record that most of the insurance company cannot conduct there Annual General Meeting in time due to late submission of actuary valuation testing. However, a national organization like Nepal Insurance Association, which is not...

Kathmandu; The Insurance Authority has submitted a proposal that the budget for the next financial year should be brought in such a way that it will help to expand the reach of the insurance sector. Chairman of Insurance Authority...

Kathmandu ; Insurance agent Dharmaraj Bhandari, succeeded to become MDRT of Life Insurance Corporation -(Nepal) for the year of 2025. Agent Bhandari, who is attached to the company’s Baneshwar branch office, has succeeded in becoming MDRTB for the year...

Kathmandu; Cause of Nepal Insurance Authority server obstruction the examines is confusion to give  exams. The Insurance Authority while launched a new website the website  server is obstruction Agents and surveyors have to face problems due to created during...

Kathmandu ; In the last 9 months, 20 commercial banks has collected around 450 billion Rupees as an interest . According to the financial statements published by the banks up to the end of Chaitra Month, of the current...

Kathmandu ; Chairman of Nepal Insurance Authority Surya Prasad Silwal has said that he is preparing to take suggestions regarding what should be done for the interests of the insured, insurers, etc. He mentioned that the authority prepares policy...