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Insurance Board changed into Nepal Insurance Authority from today

November 8, 2022 12:30 pm

KATHMANDU, Nov 8: The Insurance Board, the regulator of the insurance sector, has been changed into an Nepal Insurance Authority from today.

FinMin Sharma directs IB to expand insurance coverage to rural areas

September 1, 2022 18:30 pm

KATHMANDU, Sept 1: Finance Minister Janardan Sharma has instructed the Beema Samiti (Insurance Board) to expand the insurance coverage to far-flung areas.

Agriculture, Livestock and Medicinal Herb Insurance Directives comes into effect from Sunday

July 16, 2022 16:30 pm

KATHMANDU, July 16: The Insurance Board, the insurance regulatory authority of the country, has issued the 'Agriculture, Livestock and Medicinal Herb Insurance Directive, 2077 to be effective from July 17.

Insurance Board bars life insurers from issuing loans to their clients before three years of policy purchase

July 9, 2021 07:55 am

KATHMANDU, July 9: The Insurance Board (IB) has barred buyers of life insurance policies from surrendering before settling the premium payments for three years.

Himalayan Reinsurance Company receives approval to operate as country’s second reinsurer

June 1, 2021 18:30 pm

KATHMANDU, June 1: Himalayan Reinsurance Company (HRC) has received approval from the Insurance Board (IB) to operate as the second reinsurer in the country.

Five companies vying for operating as a reinsurance company

May 19, 2021 19:10 pm

KATHMANDU, May 19: Five companies have applied to the Insurance Board (IB), looking forward to receiving an operating license as a reinsurer.

Govt dissolving Insurance Board to establish Insurance Authority

March 17, 2020 14:55 pm

KATHMANDU, March 17: The government is forming a new entity to regulate the insurance sector. Insurance Authority will be set up dissolving the existing Insurance Board.

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