High decline in the Insurance Sector due to the Fall of Stock Market before the review of the Monetary Policy

Kathmandu: The stock market closed down on the last day of the week 30th November. Before the review of the monetary policy, the stock market fell by 18.06 points and the insurance sector experienced a high decline. Life Insurance...


Guardian Micro Life’s New sub-Branch Opened in Pyuthan

Kathmandu: Guardian Micro Life has expanded its new sub-branch in Pyuthan. The company has launched a new sub-branch from Sunday to provide life insurance services to the rural peoples. Company’s regional manager Bimal Khadka, Pyuthan sub-branch chief Prakash Gautam,...


Himalayan Airlines started Kathmandu-Shanghai flight

Kathmandu : Himalayan Airlines has started Kathmandu-Shanghai-Kathmandu flight service. The airline has started regular flights to China’s big city Shanghai from Saturday. The first outbound flight departed from Tribhuvan International Airport at 9:50 am local time for Shanghai. The...


Cashless Service Agreement Between IGI Prudential Insurance and Siddhi Memorial Foundation

Kathmandu : A service agreement has been signed between IGI Prudential Insurance Limited and Siddhi Memorial Foundation in Bhimsensthan, Bhaktapur. The agreement was signed by Ujjwal Dhungana, Deputy Chief Executive of the company and Anil Rajbhandari, Director of Operations...


Two Days Insurance Institute Training Time has been Completed

Kathmandu : Insurance Institute Nepal (IIN) has completed a two-day ‘Advance Traning on Underwriting’ training on insurance in Madhesh province. The Institute completed the training on the 15-16th November at the initiative of Madhesh Province Insurance Authority office. The institute...


Disgrace of the Government as two Government-owned Insurance Companies Along with Health Insurance Board are Leaderless

Kathmandu: Three government-owned insurance companies are operating without CEOs at the moment. The Health Insurance Board under the Ministry of Health and the government-owned Rastriya Beema Company along with Rastriya Jewan Beema Company have become leadershipless at this time....


Staff training at Tikapur by IME Life Insurance

Kathmandu: IME Life Insurance Company Limited has completed the training on prevention of money laundering and prevention of financial investment in terrorist activities for employees working in branch offices under Lumbini, Karnali and Sudurpaschim Province offices on Sunday, 3rd...


National Assembly Member Election Schedule has Announced

Kathmandu : The Election Commission has released the agenda for the election for members of the National Assembly. Shaligram Sharma Paudel, Joint Secretary and Spokesperson of the Commission issued a statement today and announced the schedule of the election...


Reinsurance Market Outlook ‘Stable’ on Improved Rates, Higher Demand: AM Best

Substantial rate improvements, higher attachment points and rising investment income are combining with increased demand for reinsurance cover to create a stable outlook for the global reinsurance sector, according to AM Best in a report. Of course, headwinds still...


What Sajjan Jindal’s ride on MG Motor means ?

Sajjan Jindal s JSW Group buying a 35% stake in MG Motor India is a win-win deal for both. MG Motor India is a British brand owned by China’s SAIC. The company had a good start with the launch...