The Authority Announces on Taking Action Against Insurance Companies that Submit Incorrect Financial Statements

Kathmandu : The Nepal Insurance Authority has initiated action against 19 insurance companies for cheating the regulator by entering wrong details in the integrated software. The Insurance Authority has sought clarification from 19 insurance companies for entering incorrect details in...


LIC Nepal Will Not Distribute Dividend This  Year

Kathmandu : LIC (Nepal) Limited has announced that it will not distribute dividend to the shareholders. It has announced that it will not distribute dividends to the shareholders from the profits of the fiscal year 2078/79 (2022 A.D).The meeting...


Authority Instruted Insurance Companies to Resume Insurance Literacy Programme

Kathmandu: The Nepal Insurance Authority has instructed the insurance companies to resume the insurance literacy program. It has also instructed the currently operating insurance companies to conduct an insurance literacy program.It has designated several districts for life insurance companies...


Application for Citizen Life’s IPO Closes Today !

Kathmandu : Today is the last day to apply for IPO of Citizen Life Insurance. The company issued the IPO to the general public after the distribution of the IPO issued for employees and Nepalese in foreign employment. The...


The Authority Announces on Taking Action Against Insurance Companies that Submit Incorrect Financial Statements

Kathmandu : The Nepal Insurance Authority has initiated action against 19 insurance companies for cheating the regulator by entering wrong details in the integrated software. The Insurance Authority has sought clarification from 19 insurance companies for entering incorrect details in...


LIFE INSURANCE IS HAVING TOUGH TIME ON THE MONTH OF MID JULY 2023 ACCORDING TO THE DATA, 55% OF TOTAL NEW BUSINESS  INUSURANCE POLICIES GET SURRENDERED

Statistics show that Nepal life insurance sector is about to reach a painful situation. In the month of July, half of the amount that life insurance companies brought in from new insurance business came out of the policy surrender...


Reliable Nepal Life is Buying Real Estate in 8 Locations Including Kathmandu Valley

Kathmandu : Reliable Life Insurance Limited is planing on purchasing real estate. The company published a notice today and informed that it will purchase real estate in 8 locations across the country including Kathmandu Valley.As the company is going...


Abused to Karki Unexpected Property Collection By the AAIC

Kathmandu, Illegal Unexpected Asset Collection Water, Resources Investigation Development Center Accountant Officer Authority Accuse Investigation Commission’s Under control water resources investigation development center, Lalitpur accountant officer Toran bahadur karki is accused of illegally asset collection is under investigation for...


Cricket Match with India Will Be Provided 5 Lakh Rupees Insurance

Kathmandu : Now Every Cricket Players Participating in The Cricket Match with India Will Be Provided 5 Lakh Rupees Insurance as an Incouragement. Citizen Life Insurance has announced that it will provide up to 5 lakhs of insurance for players...


Fifty Percent Interest Discount on Renewal of Asian Life Insurance Policy

Kathmandu : Asian Life Insurance Company Limited is going to provide  interest discount on lapsed (expired) insurance policies. The company published a notice today and informed that interest discount will be provided on the issued insurance policy.  According to...