IGI Prudential’s request to the insured to proceed with the claim process which was incomplete

 Kathmandu: IGI Prudential Insurance Limited has requested the insured to speed up the claim payment process. The company has requested to increase the insurance claim payment process up to the fiscal year 2023 A.D. The company has stated that...


Which insurance policy of the life insurance company is preferred by the insured?

Kathmandu : It has been seen that the life insurance companies are still dependent on the term insurance mandated by the government. The government has made term insurance compulsory. It has been found that out of 9 types of...


Sanchit Bajracharya appointed as Chief Executive Officer of Prabhu Insurance

Kathmandu: The Board of Directors of Prabhu Insurance Limited has appointed Sanchit Bajracharya as the Chief Executive Officer of the company for a period of 4 years with effect from 15th of January 2024 A.D. in accordance with Section...


Namita Sharma appointed as an Operator of Suryajyoti Life, Biratnagar

Kathmandu: Namita Sharma has been appointed as the operator of Suryajyoti Life Insurance. The meeting of the board of directors of the company held on 7th of January, 2024 A.D has decided to appoint Namita Sharma from Biratnagar on...


Micro-Insurance companies got permission for third party motor insurance, with a limit of 5 Million Rupees

Kathmandu : Nepal Insurance Authority has amended the micro-insurance directive by increasing the business scope of micro-insurance companies. The Authority has amended the Micro Insurance Directive (2022 A.D). In that decision, it has been arranged that the micro-insurance company...


Death claim payment provided in Morang by Asian Life

Kathmandu : Asian Life Insurance Company has paid the insurance claim on the death of an Insured. Due to the untimely death of the insured ‘Mr. Swayambhu Narayan Thakur’ of Morang located in Biratnagar, the company handed over the...


The insurance regulations are in the final stage, the rats have not eaten them : Kapil Oli

Kathmandu: Kapil Dev Oli, the director of Nepal Insurance Authority, has informed that the Insurance Regulation 2023 B.S has reached its final stage and also informed that the rats have not eaten them. He informed in the special session...


Interaction program of Insurance Authority with Mahadeva Rural Municipality of Saptari is completed

Kathmandu: Nepal Insurance Authority has completed the interaction program related to insurance. Madhesh Province office of the Authority has completed the insurance related interaction program with Mahadeva Rural Municipality of Saptari on 5th of January. Nepal Insurance Authority Madhesh...


Himalayan Life’s Large Stakeholder Gathering Program Completed

Kathmandu: Himalayan Life Insurance has completed a large stakeholder gathering program. The company has completed the event in Pokhara’s tourist area, Lakeside Resort, organized by the regional office of Pokhara. The chairmanship of the program was done by Tulkanath...


Global IME Bank Free Female Health Camps in Madhesh and Gandaki Provinces  

Kathmandu: Global IME Bank Limited has conducted free female health camps in Madhesh and Gandaki provinces under the bank’s corporate social responsibility on the occasion of its 17th anniversary. Banks under Madhesh Province, Siraha District cunducted health camp in...