Kathmandu: The meeting of the board of directors (BODs) of Prabhu Mahalaxmi Life Insurance Company Limited (PMLI) has re-elected youngest ever chairperson in the insurance industry. The meeting of the BODs held on Tuesday re-elected Shiksha Bhattachan (33). Shiksha represents the promoters group in the the BODs. Earlier she was elected as the chairperson after[...]

Government of Nepal unveils first ever National Insurance Policy

Insurance Khabar

४ महिना अगाडी

Kathmandu: For the first time, the Government of Nepal (GoN) has issued the National Insurance Policy 2023 to bolster the access to insurance and insurance penetration in Nepal. The meeting of the Council of Ministers held on Friday approved the National Insurance Policy. In the policy and program of the current financial year, the federal[...]

State-owned life insurer transformed into Public Limited Company

Insurance Khabar

५ महिना अगाडी

Kathmandu: State-owned only life insurer, Rastriya Beema Corporation has been transformed into a public limited company following the provision of Insurance Act 2079. The acting CEO of Corporation, Mahes Rimal, has confirmed that the entity has been registered as limited company on 20 Kartik 2080 at the Office of the Company Registrar. The Insurance Act[...]

NEWS

Kathmandu: The meeting of the board of directors (BODs) of Prabhu Mahalaxmi Life Insurance Company Limited (PMLI) has re-elected youngest ever chairperson in the insurance industry. The meeting of...

Kathmandu: For the first time, the Government of Nepal (GoN) has issued the National Insurance Policy 2023 to bolster the access to insurance and insurance penetration in Nepal. The...

Kathmandu: State-owned only life insurer, Rastriya Beema Corporation has been transformed into a public limited company following the provision of Insurance Act 2079. The acting CEO of Corporation, Mahes...

Kathmandu: The Himalayan Reinsurance Company Limited’s board of directors has proposed promoting Upasana Paudel as the chief executive officer. The meeting of the BODs held on Sunday has endorsed...

Kathmandu: Private sector reinsurer, Himalayan Reinsurance Company mulls to add equity funds through initial public offerings(IPOs). It has submitted an application to the Security Exchange Board of Nepal to...

Kathmandu: Life insurers earned a total of NPR 19.6 billion in insurance premiums in the first month of the current financial year 2080-81. According to the monthly update provided...