Kathmandu: The Insurance Board has directed all the insurers not to demote any of the employees in the process of merger or acquisition. The Board has issued a new circular on Monday making some amendments and clarifications to the earlier circular on merger and acquisition. As per the new circular, in case of merger or[...]

BODs of Sanima and Reliance Life Empowered for Merger & Acquisition

Insurance Khabar

२ दिन अगाडी

Kathmandu: The general meetings of Sanima Life Insurance and Reliance Life Insurance have concluded with the agenda to delegate authority to the Board of Directors(BODs) for necessary amendments in the MoA and AoA of the company. The fourth AGM of Sanima Life has passed the agenda to delegate authority to the BODs for necessary amendments[...]

Kathmandu: Nepal Life Insurance Company and Prabhu Life Insurance Company have got permission as Qualified Institutional Investors(QII). The Department of Regulation and Management of the Securities Board of Nepal(SEBON) has given approval to these two company to function as QII. SEBON has also given permission to NMB Saral Savings Fund on July 1. Earlier, on[...]

NEWS

Kathmandu: The Insurance Board has directed all the insurers not to demote any of the employees in the process of merger or acquisition. The Board has issued a new...

Kathmandu: The general meetings of Sanima Life Insurance and Reliance Life Insurance have concluded with the agenda to delegate authority to the Board of Directors(BODs) for necessary amendments in...

Kathmandu: Nepal Life Insurance Company and Prabhu Life Insurance Company have got permission as Qualified Institutional Investors(QII). The Department of Regulation and Management of the Securities Board of Nepal(SEBON)...

Kathmandu: The ongoing economic recession has affected the business growth of life and non-life insurance companies. According to the data released by the Insurance Board, life insurance premium income...

Kathmandu: The Insurance Board has paved way for insurers to get  100%  re-insurance support from Nepalese re-insurers. The Board has made such the arrangement by issuing separate circulars to...

Kathmandu: Reliable Nepal Life Insurance has urged the promoter shareholders to make more investment for paid-up capital. The company has issued a notice on Friday urging the founding shareholders...