Application for Citizen Life’s IPO Closes Today !

Kathmandu : Today is the last day to apply for IPO of Citizen Life Insurance. The company issued the IPO to the general public after the distribution of the IPO issued for employees and Nepalese in foreign employment. The...


The Authority Announces on Taking Action Against Insurance Companies that Submit Incorrect Financial Statements

Kathmandu : The Nepal Insurance Authority has initiated action against 19 insurance companies for cheating the regulator by entering wrong details in the integrated software. The Insurance Authority has sought clarification from 19 insurance companies for entering incorrect details in...


LIFE INSURANCE IS HAVING TOUGH TIME ON THE MONTH OF MID JULY 2023 ACCORDING TO THE DATA, 55% OF TOTAL NEW BUSINESS  INUSURANCE POLICIES GET SURRENDERED

Statistics show that Nepal life insurance sector is about to reach a painful situation. In the month of July, half of the amount that life insurance companies brought in from new insurance business came out of the policy surrender...


Reliable Nepal Life is Buying Real Estate in 8 Locations Including Kathmandu Valley

Kathmandu : Reliable Life Insurance Limited is planing on purchasing real estate. The company published a notice today and informed that it will purchase real estate in 8 locations across the country including Kathmandu Valley.As the company is going...


Abused to Karki Unexpected Property Collection By the AAIC

Kathmandu, Illegal Unexpected Asset Collection Water, Resources Investigation Development Center Accountant Officer Authority Accuse Investigation Commission’s Under control water resources investigation development center, Lalitpur accountant officer Toran bahadur karki is accused of illegally asset collection is under investigation for...


Cricket Match with India Will Be Provided 5 Lakh Rupees Insurance

Kathmandu : Now Every Cricket Players Participating in The Cricket Match with India Will Be Provided 5 Lakh Rupees Insurance as an Incouragement. Citizen Life Insurance has announced that it will provide up to 5 lakhs of insurance for players...


Fifty Percent Interest Discount on Renewal of Asian Life Insurance Policy

Kathmandu : Asian Life Insurance Company Limited is going to provide  interest discount on lapsed (expired) insurance policies. The company published a notice today and informed that interest discount will be provided on the issued insurance policy.  According to...


Authority Direction to Relanuch Insurance Literacy Program

Kathmandu, Nepal Insurance Authority, insurance program re-direction re-launched. Authority later launching the previous direction to insurance company for insurance literacy program. Insurance authority literacy to conduct the program life insurance company have to launch own program in the field...


Nonlife Insurance Company had Paid 2 Billion Tax to Government

Kathmandu, Nonlife insurance company have paid 2 billion tax to the government from the 14 nonlife insurance company last financial year according trimonthly report. Insurance Company 2 hundred million 32 hundred lakh 62 hundred thousand amount of income tax...


Vehicle Insurance Joint Committee Handover a Report to Insurer Association 

Kathmandu, Study of reported material implementation process will consult with Authority soon Kathmandu, Third party regarding the vehicle study jointly prepared a report was publics hand over to insure associations to chairman chanky shresth. Committee’s coordinator NLG insurance’s CEO...