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...

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...

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...

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...

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...

Kathmandu : National Insurance Institute has asked to update Customer Identification (KYC) details. The institute issued a notification and requested this on 24th of Ashoj, 2080 B.S (11th of October,2023 A.D). As the KYC related details of the insurance...

Kathmandu : Prabhu and Mahalaxmi Life’s actuarial valuation report for the year 2078/79 B.S(2022 A.D) has been approved. On 10th of October, 2023 A.D (23rd of Ashoj, 2080 B.S), the Regulatory Nepal Insurance Authority has approved the actuarial valuation...

Kathmandu : SuryaJyoti Life Insurance is going to give a discount on renewing expired insurance policies. The company will give a 35 percent interest discount to the insured when renewing from October 11th to October 17th, 2023 A.D (24th...

Kathmandu : Gurans Life Insurance has announced the bonus rate for the financial year 2078/79 B.S (2022 A.D). The company’s financial accounting and liability assessment report for the financial year 2078/79 B.S (2022 A.D) has been approved by the...

Kathmandu : Citizen Life Insurance Company has paid the insurance claim. Palpa branch office of the company has paid the death claim of 216 thousand rupees. According to the Citizen Life Insurance, Palpa branch, 15-year-old Yogesh Sunari, a resident...