Policyholders withdraw NPR 11.91 bn from Policy Surrender in 11 months

Insurance Khabar

१ हप्ता अगाडी

Kathmandu: Policyholders have withdrawn a total of NPR 11.91 billion from policy surrender within first eleven months of current financial year(FY). According to Nepal Insurance Authority, 14 life insurers have accepted a total of 98,127 policy for surrender value payment during the evaluation period. Policyholders have withdrawn a total of NPR 1215.6 million in the[...]

IDRA in Bangladesh Copies Risk Based Supervision Framework from Nepal

Insurance Khabar

१ हप्ता अगाडी

Kathmandu: The Risk-based Supervision Framework (RBS) issued by the Nepal Insurance Authority has been adopted in Bangladesh as well. The most part of the guidelines on Framework issued by the Nepal Insurance Authority (NIA) matches with the guidelines on Framework issued by the Insurance Development and Regulation Authority (IDRA) of Bangladesh. NIA had issued the[...]

Shree Distillery assigns Prabhu Capital as IPO issue manager

Insurance Khabar

४ हप्ता अगाडी

Kathmandu: Shree Distillery Limited has assigned Prabhu Capital as its issue and sales manager for the proposed initial public offering (IPOs). Shree Distillery Limited has proposed to issue 960,000 units of IPOs. Out of 60,00,000 units of shares, a total of 16 percent has been set aside for the general public. An agreement has been[...]

NEWS

Kathmandu: Policyholders have withdrawn a total of NPR 11.91 billion from policy surrender within first eleven months of current financial year(FY). According to Nepal Insurance Authority, 14 life insurers...

Kathmandu: The Risk-based Supervision Framework (RBS) issued by the Nepal Insurance Authority has been adopted in Bangladesh as well. The most part of the guidelines on Framework issued by...

Kathmandu: Shree Distillery Limited has assigned Prabhu Capital as its issue and sales manager for the proposed initial public offering (IPOs). Shree Distillery Limited has proposed to issue 960,000...

Kathmandu: Himalayan Reinsurance Limited (HRL) has secured a stake in the reinsurance treaty of the world-renowned GIC Re (General Insurance Corporation of India Limited). HRL could make it in...

Binod Kumar Pokharel Deputy Director, Nepal Insurance Authority It is assumed that human beings are prone to more diseases as they grow older. Any person can meet with illness,...

Kathmandu: Nepal Insurance Authority is mulling to establish Insurance Information Center to handle insurance claim related issues and combat fraud. The Second Strategic Plan 2023-2027 has identified that the...