5th AGM of Nepal Non- Life Insurance Entrepreneurs Association held


21st Mar, 2021 | Tourism Mail Crew


KATHMANDU, March 21: The fifth Annual General meeting of the Nepal Non-Life Insurance Entrepreneurs' Association, an umbrella organization of investors of non-life insurance companies, was held at Hotel Everest, New Baneshwor on Friday evening. 

The meeting discussed the current policy issues of the insurance sector, new insurance bill, lack of actuarial, risks due to various reasons including COVID-19, situation of reinsurance companies, various difficulties seen in insurance business and work to be done for the development of this sector. 

Mr. Rajendra Malla, Chairman of the Working Committee informed about the progress of the organization, Mr. Rajendra Prasad Shrestha, Treasurer informed about the financial condition of the organization and the details were passed. The legislature has made provision for the chairman or director of insurance companies to be represented in this organization. Many representatives of the insurance companies were present in the program.