Simplifying Claim Payment will Increase Credibility Towards Insurance : Chairman Silwal

Kathmandu : Chairman of Nepal Insurance Authority Surya Prasad Silwal has said that if the company’s claim payment will be simplified then the trust towards insurance will increase.He said this while speaking at the launch program of SPIL-DIG to...


Positive Thought For Father’s Day ; Gift an Insurance Policy on Father’s Day Instead of Materialestic Items.

Kathmandu ; On Every year Newmoon day on month of Bhadra (Sep), People of Nepal Celebrate Father’s Day. On this day, sons/daughters shows special respect for the father who gave them birth or whom they respect as their father...


Swiss Re Expects Continued Growth of Sustainable Insurance Quality

Kathmandu, 11 September 2023 Sunday Swiss Re has been released a press statement from Switzerland Fermonte Hotel about insurance progress. Press statement inform that from the Swiss Re’s Chief of Executive Officer Urs Baertschi, CEO Property & Casualty Reinsurance,...


Nepal Life has The Power to Create a Long Lasting Legacy: CEO Parajuli (Nepal Life Insurance)

Kathmandu : Nepal Life CEO Pravin Raman Parajuli has congratulated their company for their successful performance in the last financial year.He said that Nepal Life is protecting its legacy even in this strange situation. He said that Nepal Life...


Agents of Nepal Life Hoisted the Nepalese Flag at the MDRT Global Conference 2023 on Singapore

Kathmandu : Representing Nepal, 4 agency managers of Nepal Life Insurance, the most trusted life insurance company of Nepal, participated in the MDRT Global Conference 2023 held on Singapore.MDRT, the prestigious association of globally recognized insurance agents, held its...


Dominance of Indian Insurance Companies in Madhesh

Birgunj: Stakeholders have said that the insurance culture in Madhesh province is weak and Indian insurance companies are dominant, so Nepali insurance companies should be aware of this. Stakeholders made this suggestion during the interaction and discussion program on...


Preparations to Make Provisions for FPO Tax and Merger Benefit Tax by Insurance Authority, Signs of Tightening in Dividend Distribution

Kathmandu : The Nepal Insurance Authority is going to make provisioning for the amount until the final decision is made regarding the tax on FPO income and merger profit.Insurance companies issued FPO by Nepal Insurance Authority and companies that...


LIC Nepal, The Country’s Second Largest Life Insurance Company, Enters It’s 23rd Years of Service

Kathmandu : LIC (Nepal) Limited has entered into the 23rd year after completing 22 years of its establishment.The 22nd anniversary was celebrated with grandeur by organizing an event at the company’s corporate office. In that event, Pranay Kumar, the Chief...


Why policy Surrender? What will be the Effect on the Insurance Sector if the Surrender Rate Increases ?

Rina Khatry Kathmandu : The policy surrender rate is increasing in the Nepali Insurance market. According to the Insurance Regulatory Authority, 9,779 policies worth 1.28 billion rupees were surrendered in the first month of the current financial year. The...


15 Lakhs Fatal Illness Sum Assured Payment by Suryajyoti Life

Kathmandu : Suryajyoti Life Insurance has handed over Rs. 15 lakh (1.5 lakh) to Sushila Bhattarai of Palpa for the insurance fatal disease.The amount was handed over in a special agency program organized by Suryajyoti Life at Tansen in...