Reject all MCC Transmission Line Contracts, Indian Contractors are too Expensive

Kathmandu: All the contracts of the transmission line project under the Millennium Challenge Corporation (MCC) of American support have been cancelled. Millennium Challenge Account (MCA) Nepal issued a notice on Friday and informed that all these contracts have been...


The Authority Put up a Hoarding Board for Insurance Awareness in Surkhet

Kathmandu: The Insurance Authority has placed hoarding boards at various places in Surkhet. The authority has placed the hoarding board on Friday 26 October for insurance awareness. Birendranagar Municipality Ward No. 1 2 located in Wangesimal, Ward no. 11...


Annual General Meeting of Federal Reinsurance Brokers held in Kathmandu.

Kathmandu: The second annual general meeting of Federal Reinsurance Brokers Limited, the first public limited company in Nepal, which received a license from the Nepal Insurance Authority, has been provided. The registered office of Assembly Company has been held...


Life insurance Companies Collected 22 Million Rupees from Term of Insurance 

Kathmandu : In the two months of the current financial year 2022/023, life insurance companies have managed to earn insurance premiums worth 219.6 million 66 thousand rupees from term of life insurance policies.According to the financial statement published by...


IGI Prudential conducts Insurance Agent Training Porgram, SEE pass eligible to participate

Kathmandu : IGI Prudential Insurance Limited is going to conduct agricultural and livestock insurance agent training program. The training is going to be conducted considering the people who are willing to act as agents in the insurance company. The...


Strictness in Dividend Distribution of Insurance Companies, Regulation of New Rules Regarding Dividend Declaration Kathmandu : Nepal Insurance Authority has issued directive 2080 B.S regarding the financial statements of insurers. In which the authority that has encouraged decentralization of...


Registration of New Agents in the Insurance Authority is Closed from 12th of October

Kathmandu : Nepal Insurance Authority has decided to close the registration in the system for new licenses of insurance agents from 12th of October,2023 A.D. According to the notification issued by the Authority on September 27th since the Insurance...


Guidelines Issued on Financial Statements for Insurers By

Kathmandu : Nepal Insurance Authority has issued Directive 2023 A.D. regarding financial statements of insurers. It is said that the instructions regarding the financial statements of the new insurers have been issued with effect from the 16th of 3rd...


Himalayan Life Insurance Provided Insurance Claim amount of 2.1 Million Rupees

Kathmandu : Himalayan Life Insurance Limited has paid the insurance claim amount. The Kalanki branch of the company has paid 2 million 162 thousand rupees for the claim. In the presence of Kalanki branch head Hemant Tiwari, marketing executive...


The Total Investment of Insurance Companies is over 6 Trillion 27 Billion, Nearly 4 Trillion Rupees reached

Two years ago purchased an insurance policy under AMB plan worth 20 lakhs and equivalent from the Salyan branch of Same Union Life Insurance Company Limited. The insured’s the company paid the claim within 11 days of submitting all...