The Total Insurance Fee Income of Two Micro Non-Life Insurance Companies is over 15 Million, Information in Brief

Kathmandu : The Lagu Jeevan Nirjeevan Insurance Company has earned a total of 16.7 million insurance premiums in the first four months of the Current Fiscal Year, 2023 A.D, i.e. till the mid of October. According to the financial...


10 Life Insurance and 8 non-Life Insurance Company’s Due to Reach Minimum paid Capital Loss

Kathmandu : The time has passed when the paid-up capital set by the Nepal Insurance Authority should reach five billion for life insurance and two and a half billion for non-life insurance. However, the life insurance companies and 8...


Israel to Flood Hamas Tunnels with Seawater

Israeli military have started setting up pumps to flood Hamas’s tunnels in Gaza with seawater CREDIT: Dr.Eli David via X Israeli troops have been photographed setting up pumps to flood Hamas’s tunnels with seawater. The Israel Defense Forces (IDF) released...


LIC Nepal Bhaktapur Branch Transfer

Kathmandu : Bhaktapur branch of ALIC Nepal Limited has been transferred. The branch located between Kaushaltar and Gathaghar in Bhaktapur has now shifted to Gathaghar Chowk, about 500 meters ahead. While formally inaugurating the branch office in the new...


Unanimous decision of the ruling party to investigate the corruption of Ncell Company

Kathmandu: Prime Minister Pushpa Kamal Dahal- Prachanda has succeeded in making a unanimous decision to investigate the scam involved in the purchase and sale of 80 percent of Ncell’s shares leading to billions in tax evasion. At the meeting...


Prime Commercial Bank Employees Association’s  Convention and Elections Completed

Kathmandu: The third central session of the Prime Commercial Bank Employees Association was held last Saturday, on 4th of December in Kathmandu. The Chief Executive Officer (CEO) of the Bank, Sanjeev Manandhar, was the chief guest at the conference....


Himalayan Reinsurance’s IPO is Open, From 13th of December

Kathmandu: Himalayan Reinsurance has opened its IPO for the general public. The IPO has been opened for public to fill from 13th of December (27th of Mangshir). The company has allotted 30 million shares of Rs.100 per share which...


Insurance Interaction Program Completed in Mahottari

Kathmandu: Madhesh Province, Office of Nepal Insurance Authority has conducted an insurance interaction program. The authority completed the interaction program with other municipalities of Mahottari on 6th of December, 2023 A.D. According to the annual program for the fiscal...


Distribution of Insurance money to the Families of those who Died in the ‘Jajarkot Earthquake’ on the Initiative of the Insurance Authority

Kathmandu: The Karnali state government has started handing over insurance funds to the families of those who died in the Jajarkot earthquake. With the initiative and coordination of the Nepal Insurance Authority Karnali Provincial Office, the provincial government has...


Claim payment by Citizen Life to the relatives of Deputy Mayor Singh who died in The recent Earthquake in Jajarkot

Kathmandu: Citizen Life Insurance Company has paid the insurance claim amount to the family of Sarita Singh, Deputy Chief of Nalgad Municipality, who died in Jajarkot Earthquake. Jajarkot branch of the company paid the insurance claim amount on Wednesday,...