The Irdai has released it annual report today. The report has highlighted the fact that how much commission has been paid by the life insurance companies to their agents. The report further states that despite hike in commission paid,...

Kathmandu : Chairman of Nepal Insurance Authority Surya Prasad Silwal has said that the authority has made necessary policy arrangements so that insurance companies can re-insure with internationally rated reinsurance companies. In an interaction between the Insurance Authority and...

Kathmandu : Prime Minister Prachanda has said that the working style of the government will be completely changed in the second year. Addressing the countrymen on the occasion of the completion of one year of assuming the office of...

The IMF reclassified India’s exchange rate regime to “stabilized arrangement” from “floating” due to likely interventions by the Reserve Bank of India, noted in an Article IV review. The IMF disagreed with India’s perspective, emphasizing the need for a...

Kathmandu : The Nepal Reinsurance Company’s business worth billions has been stopped because the country credit rating file of the Nepal Insurance Authority is stuck in the insurance authority. Shankar Kumar Rayamajhi the current CEO of the company has...

Kathmandu : Sagarmatha Lumbini Insurance Company Limited has now become the founder shareholder of Himalayan Bank. The company became a shareholder after purchasing the bank’s founder shares. Earlier, Sagarmatha Lumbini bought 141 thousand 116 shares in the name of...

Kathmandu: SuryaJyoti Life has been selling and distributing child insurance policy under the condition that it insures children but does not bear the risk fully. After Beemapost published the news about SuryaJyoti Life fraud, there is a heated debate...

Kathmandu: In the banking business of National Commercial Bank, significant progress has been made in technology-based digital business on filing system which started on 10th January 2022 A.D. Among the commercial banks of Nepal, the government bank National Commercial...

Kathmandu: Life insurance companies are running their business through term life insurance policies mandated by the government. Currently operating life insurance companies have sold the highest number of term insurance policies in the month of October/November. This insurance policy...

Kathmandu: National Life Insurance Company has paid the death claim to the family of Govinda B.K of Rukum. The Rukum West branch of the company has given a cheque of 119 thousand 593 rupees to the family of Govinda...