Mutual Funds: Opt for flexi cap or multi cap or large cap funds for fresh investments:

“Investing in mid and small cap segments may be a risky proposition given the elevated valuations. Therefore, from an investment perspective one can look for names/ assets which are relatively cheap or fairly valued in this market,” says S...


Provided Insurance Claims by Himalayan Life’s Urlabari branch of nearly worth 1 Million Rupees

Kathmandu : Himalayan Life Insurance Limited has provided the insurance claim amount. The company’s Urlabari branch paid the claim to the family of the insured late Gomaya Tamang, a resident of Urlabari-4, on Friday, 22nd of December, 2023 A.D....


Account Committee’s strict instructions on payment of claims of insurance policy surrendered; “Deduct 25 percent of office expenses and return the remaining amount”

Kathmandu : Regarding the insurance policy surrender, for the first time the public account committee has given strict instructions to the regulatory insurance authority and asked them to make arrangements to return 75 percent of the amount to the...


“Government is focused on increasing the scope of insurance and expanding insurance services”- Prime Minister

Kathmandu: Prime Minister Pushpa Kamal Dahal has said that the government will focus on increasing the scope of insurance and expanding insurance services in the coming fiscal year. Addressing the nation in the context of the completion of one...


Insurance claim payment by National Life Insurance, Rukum Branch

Kathmandu :  National Life Insurance Company Limited has provided the insurance claim amount. Rukum West branch of the company organized a program and paid the insurance claim. Gobinda B.K of Bafikot VDC-1 had insured 100 thousand Rupees in the...


Insurance Companies are Prohibited from issuing IPOs at a Premium

Kathmandu: The Public Account Committee of the Parliament has banned insurance companies from issuing IPOs at a premium. Meeting of the Public Account Committee of the Parliament held on 28th of December, 2023 A.D has given such instructions to...


10-Points Directive of the Audit Committee on Insurance, Hydropower and Public Companies

Kathmandu : The Public Audit Committee of the Parliament has discussed the issue of shares issued by insurance companies at a premium price, the issue of capital market and insurance. After receiving a complaint that the insurance company was...


Nepal Life’s Koshi Province level agent meeting and training program has completed

Kathmandu : A 21-member working committee has been selected under the chairmanship of Khadga Bahadur Pariyar from the Koshi province level agent meeting of Nepal Life Insurance Company Limited under the Professional Insurance Agents Association of Nepal. At that...


Collection of nearly 4.5 billion from motor insurance business

Kathmandu : Statistics show that motor insurance has the largest share in the insurance business mandated by the government. The share of mandatory motor insurance in the total share of non-life insurance companies is covered more than 30 percent....


Nepal Bank’s former Branch Manager Koirala is found Guilty of Hacking the Bank’s System and Transferring Funds to his Own Account

Kathmandu : Bhupraj Koirala, former manager of Nepal Bank’s Dillibazar branch, has been found guilty of embezzling the bank’s funds. The special court bench of Khushi Prasad Tharu, Ram Bahadur Thapa and Muraribabu Shrestha convicted Koirala for his guilt...