Finance Minister Mahat’s instructions to the Insurance Authority to move the Insurance of Hydropower Projects to Non-Tariff

Kathmandu : Finance Minister Dr. Prakash Sharan Mahat has instructed to move the insurance policy of hydropower projects to Non-Tariff (without any charge). Speaking at the workshop on “Hydropower Insurance Policy and Approach” organized by Independent Power Producers’ Association,...


National Life, Itahari branch’s agent recognition and training program completed

Kathmandu: National Life Insurance Company Limited’s Itahari branch office has completed an agent recognition and training program at Durga Party Palace, Itahari on Saturday, 17th of February, 2024 A.D. More than 300 active agents of the branch were present...


Insurance policy as a gift on ‘Valentine’s Day’

Kathmandu : Giving gifts to each other is not a new thing. However, with changing times, giving gifts to children is definitely a new practice instead of giving gifts to lovers on Valentine’s Day (Love Day). A couple from...


Finally, The Governor of Nepal signed in the Anti-national Agreement, the conspiracy of handing over the bank account details of Nepalese to India Company

Kathmandu. Mahaprasad Adhikari, the Governor of Nepal Rastra Bank (Central Bank of Nepal), has finally embarked on a national strike. He has signed the Terms of Reference (TOR) regarding cross-border payments to hand over the bank account and financial...


Selection of 20 Chartered Accountants Companies by the Authority to enhance audit quality of insurance companies

Kathmandu : Nepal Insurance Authority has selected 20 chartered accountants companies in the examination taken to improve the audit quality of insurance companies. According to the sealed proposal published by the Insurance Authority on 11th of December, 2023 A.D...


What is the progress made by the life insurance companies listed in NEPSE ?

Kathmandu : The life insurance companies listed in NEPSE have published their financial statements for the second quarter. Nepal Life has maintained its lead in the life insurance companies till the second quarter. Nepal Life has proven itself to...


Most of the insurance companies in NEPSE classification are in ‘G’ and ‘Z’, Nepal Insurance is only in group ‘A’.

Kathmandu : Nepal Stock Exchange (NEPSE) has published the classification of listed companies. According to public information, there are 31 companies in ‘A’, 35 in ‘B’, 70 in ‘G’ and 135 in ‘Z’ category. Among the insurance companies, only...


Life insurance companies spent more than 5.5 Billion Rupees on agent commission, although half of the Companies’ commission was reduced 

Kathmandu : Life insurance companies have released their financial statements for the second quarter of the current fiscal year 2080/81 B.S (2023 A.D). The life insurance companies currently under management have spent 5 billion 883 million 258 thousand Rupees...


In collective farming, farmers now have to pay for accident insurance separately, The time period has been reduced

Kathmandu : In collective farming, now farmers have to pay separate accident insurance. The Nepal Insurance Authority has issued 8-point instructions regarding accident insurance and has arranged that the accident insurance of collective farming where farmers should purchase insurance...


Banks started using Standing Deposit Facility, 28 Billion Rupees deposited

Kathmandu : Banks have started using Standing deposit facility. On 14th of February, 2024 A.D (2nd of Falgun, 2080 B.S) banks deposited 27 billion 850 million Rupees in Central Bank of Nepal (Nepal Rastra Bank). Banks have kept the...