Shikhar Insurance
National Life

NEA directs insurers to establish ‘Investment Management Unit’

सिंहदरबार संवाददाता
२०८१ चैत्र ६, बुधबार १३:४२
Hyundai
NCELL
NIMB

Kathmandu. The Nepal Insurance Authority has directed all insurance companies engaged in life insurance, non-life insurance and reinsurance business to establish an ‘Investment Management Unit’. ,

Accordingly, insurance companies have been instructed to establish an ‘Investment Management Unit’ under the supervision of a high-level management employee with investment-related work experience to manage investments and inform the Authority within seven days.

Citizen Life
Kumar Bank
Prabhu Insurance

Similarly, the Authority has directed microinsurance companies engaged in microinsurance business to assign a high-level management employee with relevant work experience to manage investments and inform the Authority within seven days.

Also, the Authority has directed all insurance companies to inform the Authority within seven days if they have already implemented investment-related arrangements. Insurance companies have been instructed.

 

GBIME

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