Authority’s Instruction to insurance companies to keep the amount collected from the general public through Premiums in IPO separately in Reserve fund

Kathmandu : Nepal Insurance Authority has instructed the insurance companies to keep the amount of premium raised in the IPO in the reserve fund. Himalayan Reinsurance and four life insurance companies had recently issued IPOs at premium. IME Life...


Citizen Life Provided Support to Jajarkot’s Earthquake Victims

Kathmandu : Citizen Life Insurance has provided relief to Jajarkot earthquake victims. The company created insurance awareness by distributing warm clothes to the victims. Ramidanda of Jajarkot was the epicenter of the earthquake that occurred on the night of...


Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision

Japan Airlines (JAL) on Thursday said it expected losses of more than $100 million after one of its planes was destroyed when it collided with another aircraft on the runway at Tokyo’s Haneda airport this week. All 379 people...


7.6 Magnitude Earthquake hits Japan were at least 55 people died and rescue operation is going on

On Monday, 1st of January, 2024 A.D huge earthquake of 7.6 magnitude hits northwest of Tokyo, Japan. The quake affected the Noto Peninsula in the central prefecture of Ishikawa on Monday afternoon. Tsunami alerts were given after this huge...


Citizen Life’s decision to distribute dividends, Five Billion Rupees paid-up capital

Kathmandu : Citizen Life Insurance Company, which completed its IPO release just a few years ago, has decided to give bonus shares as dividends and cash for tax purposes from the profits earned for five years. The company, which...


Sanima Reliance Life got ‘Round of the Table’ and 27 MDRTs

 Kathmandu : Sanima Reliance Life Insurance Company has got one ‘Round of the Table’ and 27 MDRTs. Namita Neupane from Sanima Reliance has managed to be the only  ‘TOT (Top of the Table)’ for the year 2024 A.D on...


After inventing water engine by Toyota, CEO says EV will destroy

The landscape of the automotive industry is poised for a historic transformation with Toyota’s introduction of a water-powered engine, a technology that could revolutionize our approach to eco-friendly transportation and potentially eclipse the current Electric Vehicle (EV) market. Inovation...


Namita Neupane becomes Sanima Reliance’s first TOT winner, committed to empowering women across the country

Kathmandu : Namita Neupane, a social worker from Biratnagar, who made life insurance business an integral part of her life. She has succeeded in becoming the second TOT winner by establishing herself as a strong and established insurance professional...


Japan Airlines got collided with 5 people dead whereas  all 367 passengers and 12 cabin crew were safely evacuated

International : Fire broke out in Tokyo’s Haneda airport after a Japan Airlines A350 aeroplane collides with an earthquake relief plane MA-722, a Bombardier Dash-8. The collision was taken place on Tuesday, 2nd of January, 2023 at 17: 47...


India dials Saudi as Russian oil purchases hit 11-month low in December 

In December, India increased its imports of Saudi oil while facing payment issues, leading to a decline in its purchases of Russian oil to an 11-month low. Data from vessel tracking agencies revealed that at least five cargoes of...