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The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.

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The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.

On the 10th of Chaitra 2078, the Nepal Insurance Authority directed that life insurance businesses have a minimum paid-up capital of Rs. 5 Arba. The Insurance Board also encouraged non-life insurance companies to increase their paid-up capital to Rs. 2.5 Arba by the end of Chaitra 2079.

 

 

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best site | Banking | increase | standard | Shareholder | has | Ashad | nepali bazar | and | Profit
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