The number of policyholders surrendering their insurance policies decreased by 38 percent and the policy amount decreased by 32 percent,

Kathmandu: Compared to last month of mid of October, the number of people who abandoned their insurance policy has decreased on mid of November by about 4,000. According to the Nepal Insurance Authority, both the number and amount of...


Scam Scandal of 75 Billion is being created in Ramgram, about 400 Houses were Removed Through Private Company.

Kathmandu: It is not new for Nepal to loot important resources of the country due to access to state power. Beemapost has discovered the fact that about 400 families in Ramgram Municipality Ward No. 7, located in West Nawalparasi,...


Life Insurance Companies are Preparing to Buy Shares of Ncell under Long-Term Investment

Kathmandu: Insurance companies are preparing to buy shares of Ncell under long-term investment. One of the CEO has informed Beemapost that there is a discussion about buying the shares of Ncell by the currently operating life insurance companies by...


Nepal Insurance Authority Performing DDA of A Dozen Insurance Companies

Kathmandu: The regulatory body Nepal Insurance Authority is going to conduct a detailed audit ‘DDA’ (Due Diligence Audit) under its rules to reveal the assets and liabilities of the insurance company. Since, the authority has to audit the assets...


LIC Nepal has been asked by two regulators for an Explanation

Kathmandu: Nepal Insurance Authority and Nepal Securities Board of Nepal (SEBON) have asked for an explanation about the delay in the issue of LIC Nepal’s rightful shares. According to the sources of the Securities Board of Nepal, the study...


Chilime Hydro-Power Company Announced General Meeting with a Dividend Proposal

Kathmandu : Chilime Hydropower Company Limited has called for the 27th Annual General Meeting. The 423rd meeting of the board of directors of the company held on 8th of December has called the  general meeting on Friday, 5th of...


Sangrila Development Bank has also Reduced The Interest Rate

Kathmandu: As the commercial banks have started publishing notices on reducing the interest rates, the development banks have also started reducing the interest rates. Sangrila Development Bank has reduced the interest rate with effect from 13th of December, 2023...


The Number of Insureds who Surrendered their Insurance Policies

Kathmandu : Compared to last October the number of people who abandoned their October insurance policies has decreased by about 4,000. According to the Nepal Insurance Authority, both the number and amount of insurance policies have decreased in October....


Sanima Reliance Life’s Changed Ownership of Founder Shares on Publics

Sanima Reliance Life Insurance founder shares has changed for general publics. In this company the ownership of the founder’s shares is 70 percent and the ownership of the common stock is 30 percent but the company has changed it...


Nabil Bank Brought ‘Nabil Venture 2087’, 9 Percent Interest will Obtained

Kathmandu : Nabil Bank Limited is going to issue bonds worth three billion rupees. The issue of 30 lakh bonds has been started at the rate of 1000 rupees per share. Of the total 300,000 shares of bonds to...