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Insurance companies in Nepal are regulated by Nepal Beema Pradhikaran (Nepal Insurance Authority), an arm of Nepal Government's Ministry of Finance. As of November 2023, a total of 35 insurance companies are offering Life, Non-Life (General), Micro and Re-insurance services. Life Insurance Companies As of November 2023, 14 life insurance companies are in operation in Nepal: S.N Life Insurance ...
Insurance business was started in Nepal by Nepal Bank's Maal Chalani Tatha Beema Company (translating to Transport and Insurance company) in 2004 B.S. Until 2026 B.S., the insurance business in Nepal was regulated by Nepal Government's Insurance Act, 1968 A.D. Feeling a need for effective regulation and control of insurance business, Nepal Government took steps to establish a dedicated ...
The amount of premium depends on the make and value of the car, state where the car is registered and the year of manufacture. This amount can be reduced by asking the insurer for a no claim bonus (NCB) if no claim is made for insurance in previous year. [34] Two wheeler insurance – covers accidental insurance for the driver of the vehicle.
Nepal Red Cross Society; Nepal Agricultural Research Council (NARC) Nepal Telecom; National Information Technology Center (NITC) Nepal Academy of Tourism and Hotel Management; Nepal Airlines Corporation; Nepal Academy of Science and Technology (NAST) Nepal Health Research Council; Nepal Medical Council; Nepal Standards and Metrology Department
Nepal Bureau of Standards & Metrology (NBSM) is a department under the Ministry of Industry, Nepal. [1] The department was established in 1976 based on the Industrial policy (1974) with an aim to regulate and improve the quality of industrial production.
Nepal Reinsurance Company (Nepal Re) is Nepal's first reinsurance company [3] which was successor of the insurance pool that was set up in 2003 with the aim to cover the losses arising from situations like riot,sabotage or terrorism and malacious damage (RSTMD) during the Insurgency. [4]
The department is headed by officers of Nepal Engineering Service (Civil/Highway) while mechanical units are held by officers of Nepal Engineering Service (Mechanical). [6] There are 5 branches under the Department namely: Maintenance branch; Development Cooperation Implementation Unit; Planning and Monitoring Unit; Mechanical Unit; Bridge Unit
Nepal Communist Party: 16 March 2018: 20 November 2019 6 Basanta Kumar Nembwang [8] Nepal Communist Party: 21 November 2019: 12 July 2021 7 Renu Yadav: People's Socialist Party, Nepal: 8 October 2021: 4 July 2022 8 Mohammad Ishtiyaq Rayi: People's Socialist Party, Nepal: 4 August 2022: 14 October 2022 9 Narayan Kaji Shrestha: Communist Party of ...