Kathmandu. The Nepal Insurance Authority (NIA) has made various efforts to protect the interest of the insured and manage the risk of the insurance business.
Today, the Finance Committee had called the Insurance Authority for discussion. Chairman Chandra Kala Poudel and Executive Director Sushil Dev Subedi had also reached the committee.
During the discussion, the Insurance Authority informed about the efforts made by the insurance company in protecting the interests of the insured and managing the risk of the insurance business.
Here are the attempts
- Risk-Based Inspection
- Risk-based capital
- Preparation for setting up of Insurance Information Center
- Modus operandi of the Insurance Development Fund
- Procedure for Protection of Insured Interest Fund
- Separate provisions relating to small claims
- Insurance claims can be filed
- Provision for filing complaints of loss and damage.
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