Policyholders Withdraw Rs.12.18 billion from Policy Surrender in FY 7879

Insurance Khabar

९ घण्टा अगाडी

Kathmandu: Life insurance companies have paid Rs.12.18 billion against policy surrender to their policyholders in the last financial year 2078-79. According to the Board, insurance regulatory authority, during last FY, a total of 81,860 policies were surrendered by policyholders. The amount paid against policy surrender accounts to 28.97 percent of the first premium income(FPI) earned[...]

Kathmandu: The fresh circular issue by Nepal Rastra Bank(NRB), the central bank, will result lower interest income for insurance companies. The NRB has made an arrangement under which the saving interest rate offered to the institutional depositors must be below 1 percent than that of individual depositors. It has been stipulated that the maximum interest[...]

Asian Life Proposes 14.5pc Bonus Share for FY 2077-78

Insurance Khabar

१ दिन अगाडी

Kathmandu: Asian Life Insurance Company Limited (ALICL) has declared 15.26 percent dividend from the profit of fiscal year 2077-78. ALICL is the first life insurer to declare dividend for the FY 2077-78. The meeting of the board of directors(BODs) of the company held on Friday evening has proposed 14.5 percent bonus shares from the profit[...]

NEWS

Kathmandu: The second term of Yugesh Bhakta Bade Shrestha, Chief Executive Officer of IME General Insurance Company has started from today. The board of directors(BODs) of the company had...

Kathmandu: Life insurance companies have paid Rs.12.18 billion against policy surrender to their policyholders in the last financial year 2078-79. According to the Board, insurance regulatory authority, during last...

Kathmandu: The fresh circular issue by Nepal Rastra Bank(NRB), the central bank, will result lower interest income for insurance companies. The NRB has made an arrangement under which the...

Hetauda: The agency refreshment training organized by the Insurance Advisor’s Team Rising Star Insurance Group has been concluded at Khulekhani Damside Resort on Saturday. Program coordinator Raju Sah said...

Kathmandu: Asian Life Insurance Company Limited (ALICL) has declared 15.26 percent dividend from the profit of fiscal year 2077-78. ALICL is the first life insurer to declare dividend for...

Kathmandu: Financial Institutions Employees Union of Nepal (FIEUN) has drawn the attention of the Insurance Board to guarantee the job and facilities of the employees while giving consent for...