“The role of insurance surveyor is very important to give a new height to the insurance sector”-Finance Minister Dr. Mahat

Kathmandu: Finance Minister Dr. Prakash Sharan Mahat said that the role of surveyor will be important to give new heights to the insurance sector. Finance Minister Dr. Mahat said, “Even though insurance started a long time ago, it has...


Nepal Life paid 1 billion rupees to the government as tax on premium FPO, which will directly affect the next year’s dividend.

Kathmandu: Nepal Life Insurance Company has paid tax of 1.2 billion rupees to the government of Nepal. The court has ordered that the FPO of the premium must be taxed which is why the company has paid 1.2 billion...


Canadian mining company Belo Sun plans to build the largest open-pit gold mine in Brazil on the banks of the Xingu River

The region already struggles with the devastating effects of one of the largest hydroelectric dams in the world. And now – Belo Sun, wants to add deforestation and contamination methods to the mix while threatening to sue the very...


  A Sister gifted her small sister an insurance policy of Himalayan Life, on the occasion of Wedding

Kathmandu: For future protection, big sister has gifted an insurance policy to her small sister in the occasion of her wedding. Furumaya Tamang, agency manager of Himalayan Life Insurance Biratnagar branch, gifted an insurance policy to her sister Manika...


Almost a million households face 15pc council tax rise as two local authorities warn of bankruptcy

Labor-run councils of Bradford and Cheshire East say they may have to issue section 114 notices Nearly a million households face council tax rises of up to 15 per cent after two more local authorities announced they were at...


The last second of the term honoree goes to work: Chairman Hamal

Kathmandu : Chairman of Nepal Securities Board Ramesh Hamal has said that since he has brought a clear blueprint for the reform of the market he will continue to do things that will benefit the market even to the...


Sun Nepal Life provided claim payment to the family of Insured Thapa who died in Foreign Employment

Kathmandu : Sun Nepal Life Insurance Company has provided the amount of death claim under foreign employment term life insurance. The company has provided 1.2 million rupees as insurance claim amount to the family of Jeevan Thapa of Baglung...


Several expenses of former Jyoti Life Insurance are Unwarranted

Kathmandu: It has been found that many of the expenses incurred by former Jyoti Life were for the purpose of tax evasion. In addition, it has been found that the financial statements before the merger have not been prepared...


Prabhu Mahalaxmi Life provided Claim payment against Fatal Diseases through Janakpur Branch

Kathmandu: Prabhu Mahalaxmi Life Insurance Limited has paid the insurance claim. The company’s Janakpur branch paid a claim of 500 thousand Rupees to the insured Ram Sudishta Shah Sudi, a resident of Dhanusha district Nagaraine municipality ward no-4. The...


Insurance Claim Payment by Asian Life Insurance

Kathmandu : Asian Life Insurance Company has provided the insurance claim. The Biratnagar branch of the company organized a program and paid the death claim amount to the family of the deceased. Saroj Bhandari, branch manager of the Biratnagar...