Kathmandu : Seven people have applied for the post of Chief Executive Officer (CEO) of Nepal Reinsurance Company. A total of seven people applied on the last day till yesterday. Among the applicants are the Deputy CEO currently working...
It is necessary to understand a little background, (or market rate) before bringing the hydropower insurance to non-tariff Until 4/5 years ago, the Nepal Insurance Authority did not set any fee or it was non-tariff for optional insurances other...
Kathmandu: Nepal Reinsurance Company Limited has brought 3 million 587 thousand 434 shares owned by various companies through secret sealed bid for sale. It includes 2 million shares of IGI Prudential, 187 thousand 434 shares of Global IME Capital,...
Kathmandu: United Azod Insurance has five directors elected unopposed. Only five percent will be unopposed after the nomination. The company had published a schedule for the election of 3 directors representing the board of directors on behalf of the...
Kathmandu : Nepal Re-Insurance Company Limited has opened the application for Chief Executive Officer (CEO). The company has requested applications from eligible Nepali citizens to fill the vacant CEO post through open competition. Nepali citizens who have reached the...
Kathmandu : Nepal Re-insurance Company is going to sell 3.5 million shares. The company is going to sell 3 million 587 thousand 434 shares owned by the four founding shareholders from 20th of February, 2024 A.D (8th of Falgun,...
Kathmandu: Nepal Re-Insurance Company Limited is going to invest in term deposits. The company is going to invest in banks and financial institutions licensed by Nepal Rastra Bank in ‘A’ category. Banks and financial institutions who want to take...
Kathmandu : About 9500 insured have surrendered their insurance policies from life insurance companies. The impact of the economic downturn has also been seen in the insurance sector. In the month of December/January (Mangsir month) alone, 9,744 people have...
The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers who make riskier investments, as corporate pension providers increasingly rely on this offshore sector. Funded Reinsurers help insurers manage...
Kathmandu : Damodar Bhandari has been appointed as the Chief Executive Officer (CEO) of Nepal Reinsurance Company. According to the decision of the Board of Directors meeting held on 28th of December, 2023 A.D of the company, Bhandari has...