Kathmandu : Statistics show that motor insurance has the largest share in the insurance business mandated by the government. The share of mandatory motor insurance in the total share of non-life insurance companies is covered more than 30 percent....

Kathmandu : Bhupraj Koirala, former manager of Nepal Bank’s Dillibazar branch, has been found guilty of embezzling the bank’s funds. The special court bench of Khushi Prasad Tharu, Ram Bahadur Thapa and Muraribabu Shrestha convicted Koirala for his guilt...

Kathmandu :  According to information Officer of the authority, Nirmal Adhikari, Nepal Insurance Authority is going to bring three crop insurance plans at once. Currently, they are counting on food and fruit farming, but they have made separate plans...

 Kathmandu : United Modi Hydropower Company Limited is going to issue rights shares. The company has appointed Citizens Capital as the sales manager for this work. The agreement was signed by Chairman Narendra Ballav Pant on behalf of United...

Kathmandu: Nepal Investment Mega Bank Limited has revised the features of Savings Account Scheme. The insurance facility provided by the bank in various savings accounts is going to be stopped from now on. The bank has informed that the...

Kathmandu : It seems that insurance companies are not yet able to take the risk of investment. The regulatory body Nepal Insurance Authority has not yet been able to get rid of the fixed deposits of banks. Although the...

Kathmandu : Sun Nepal Life Insurance Company has paid a claim of 1.2 million Rupees to Mohammad Ebrahan Khan who got disabled during foreign employment. According to the company, Khan is the only son of Sunsari resident Kabir Mia...

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...