Several expenses of former Jyoti Life Insurance are Unwarranted

Kathmandu: It has been found that many of the expenses incurred by former Jyoti Life were for the purpose of tax evasion. In addition, it has been found that the financial statements before the merger have not been prepared...


Prabhu Mahalaxmi Life provided Claim payment against Fatal Diseases through Janakpur Branch

Kathmandu: Prabhu Mahalaxmi Life Insurance Limited has paid the insurance claim. The company’s Janakpur branch paid a claim of 500 thousand Rupees to the insured Ram Sudishta Shah Sudi, a resident of Dhanusha district Nagaraine municipality ward no-4. The...


Insurance Claim Payment by Asian Life Insurance

Kathmandu : Asian Life Insurance Company has provided the insurance claim. The Biratnagar branch of the company organized a program and paid the death claim amount to the family of the deceased. Saroj Bhandari, branch manager of the Biratnagar...


Insurance claim payment provided by Lamki branch of Sun Nepal Life Insurance

Kathmandu: Sun Nepal Life Insurance Company has provided the insurance claim. The Lamki branch of the company has paid 1.3 million Rupees as the death claim amount to the insured relative in the presence of the deceased’s family and...


The number of policyholders surrendering their insurance policies decreased by 38 percent and the policy amount decreased by 32 percent,

Kathmandu: Compared to last month of mid of October, the number of people who abandoned their insurance policy has decreased on mid of November by about 4,000. According to the Nepal Insurance Authority, both the number and amount of...


Life Insurance Companies are Preparing to Buy Shares of Ncell under Long-Term Investment

Kathmandu: Insurance companies are preparing to buy shares of Ncell under long-term investment. One of the CEO has informed Beemapost that there is a discussion about buying the shares of Ncell by the currently operating life insurance companies by...


The Number of Insureds who Surrendered their Insurance Policies

Kathmandu : Compared to last October the number of people who abandoned their October insurance policies has decreased by about 4,000. According to the Nepal Insurance Authority, both the number and amount of insurance policies have decreased in October....


Sanima Reliance Life’s Changed Ownership of Founder Shares on Publics

Sanima Reliance Life Insurance founder shares has changed for general publics. In this company the ownership of the founder’s shares is 70 percent and the ownership of the common stock is 30 percent but the company has changed it...


Massive Support to Nepal Cancer Survivors Society Promoting Hope and Empowerment by MetLife

Kathmandu : In a transformative effort MetLife has partnered with the Nepal Cancer Survivors Society to provide comprehensive support to individuals navigating the challenging journey of cancer survival and post-treatment. This collaboration will help in the sustainable livelihood of...


Distribution of Warm Clothes by Himalayan Life in far Villages of Dadeldhura and Bajura

Kathmandu : Himalaya Life Insurance Limited has distributed warm clothes in two districts of Sudurpaschim. The company under its corporate social responsibility program on 22nd of Masir in the presence of DelliRaj Joshi, Mayor of Amargadi Municipality of Dadeldhura.And...