National Insurance Institute Avoided Liquidation, Proposal for Capital Increase Approved by Council of Ministers, IPO cannot be Issued Immediately

Kathmandu : The government-owned National Insurance Institute has been spared from liquidation. After the Nepal Insurance Authority warned that the Insurance Act 2079 will be applicable to all, if the capital is not provided by October 28th, the Ministry...


Claim payment by Sun Nepal Life to The Insured of Fatal Disease Victim, During Foreign Employment

Kathmandu : Sun Nepal Life has provided claim payment to its client for payment against Fatal disease. Company has provided 500 thousand Rupees as its claim payment. Permanent resident of Rambha VDC – 4, Palpa district , Mr. Devi...


In the Month of October, the First Insurance fee of 14 Life Insurance Companies is 2 Billion 380 Million

Kathmandu : Nepal Insurance Authority has published the details of 14 life insurance companies in the month of October of the current year. According to which, on the basis of the first insurance fee, Nepal Life is at the...


Renewal Premium Collection of 34 Billion Rupees by Life Insurance Companies

Kathmandu : Life insurance companies have managed to earn 34 billion rupees in renewal insurance fees by the end of October. According to the data of Nepal Insurance Authority, by the end of October, life insurance companies have managed...


Shikhar Insurance will Conduct Insurance Agent Training in Four Districts

Kathmandu : Shikhar Insurance Company Limited is going to conduct agent training in four districts. The company is going to conduct agricultural and livestock insurance agent training in all the four districts. The company is going to conduct training...


MetLife Introduces My Child’s Education Protection Plan

Kathmandu. Helping parents secure the future and dreams of their young children, MetLife this week launched its new insurance plan “My Child’s Education Protection Plan”.This insurance plan is designed to provide protection for children aged 31 days to 15...


LIC Nepal Reached to The Securities Board to Issue It’s Rights Shares

Kathmandu : LIC Nepal has applied to the Nepal Securities Board for permission to issue rights shares. The company has submitted an application in SEBON for the issuance of 23 million 468 thousand right shares equal to 2 billion...


Insurance Authority is planning on Revising and Designing New Insurance Policies

Kathmandu : Nepal Insurance Authority has designed and revised the insurance policy. The Insurance Authority has called for the actuary to start the policy revision and design. The authority has asked the actuary to participate in the roster to...


United AJOD conducts Agricultural Livestock and Herbs Insurance Agent Exam

Kathmandu : United AJOD Insurance Company Limited is going to conduct the Agricultural Livestock and Herbs Insurance Agent Exam. The company has said that people who have received training in livestock and herbal insurance from Same United Insurance and...


A 21-Day Ultimatum to ‘Prabhu Pay’ to pay the Insurance Premium Collected from the Insured two Years Ago

Kathmandu: Prabhu Mahalaxmi Life Insurance Limited has given Prabhu Technologies Pvt Ltd (Prabhu Pay) a last chance to pay the remaining insurance premiums to the insured. Prabhu Mahalaxmi issued a public notice and gave an ultimatum of 21 days....