KATHMANDU, July 24: Beema Samiti on Sunday announced the establishment of Beema Training Institute that aims to provide insurance literacy to stakeholders. The institute, opened in partnership with insurance companies, has a paid-up capital of Rs 10 million.

KATHMANDU, June 24: Beema Samiti - the insurance sector regulator - has proposed to the central bank to make needful arrangement for forging a tie-up between commercial banks and insurance companies to expand insurance services at the local level.

KATHMANDU, April 4: Beema Samiti says is going to clear from its pending tray applications for licenses to operate as insurance companies submitted before 2008.

KATHMANDU, Jan 4: Chiranjivi Chapagain has been appointed as the chairperson of the Beema Samiti.

KATMANDU, Dec 26: Minister for Finance Krishna Bahadur Mahara is considering either insurance expert Rabindra Ghimire or Nepal Rastra Bank (NRB) director Chiranjibi Chapagain as the candidates to chair the Beema Samiti, sources at the finance ministry say.

KATHMANDU, Aug 18: At a time when a provision to cap the tenure of board directors of bank and financial institutions (BFIs) for a maximum of two terms is facing steep opposition, Beema Samiti has brought corporate governance directive for insurance companies that prohibits a board director from taking the post for more than two terms.