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Beema Samiti (Insurance Board) is the Insurance Regulatory Authority of Nepal, the line ministry of the Ministry of Finance, Government of Nepal. The word ‘Beema’ means ‘Insurance’ and ‘Samiti’ connotes ‘Board’. Hence, the Word ‘Beema Samiti’ is synonymous to Insurance Board which is constituted to systematize, regularize, develop and regulate the insurance business within the country under Insurance Act, 1992. This Samiti (Board) looks after all the insurance related activities in the Federal Democratic Republic of Nepal. As a regulatory body, the Board’s main concern is to create a professional, healthy and developed insurance market in Nepal.
Further more, after the restoration of democracy in 1990 AD, insurance environment began to change simultaneously along with other factors. Thus to meet the requirements of the changing situation, Insurance Act, 1968 was repelled by new Insurance Act, 1992 (Beema Ain, 2049). The preamble of the Act clearly states the purpose of the Act, thus “to establish an Insurance Board to systematize, regularize, develop and regulate the insurance business”. To achieve the goal of the preamble, Beema Samiti (Insurance Board) is formed as an autonomous body the Insurance Act of 1992.Learn More
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The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. The amount of money charged is called the premium.
Non Life Insurance
Dashain Greetings Exchange Program and Inauguration of Beema Samiti Official Website www.nib.gov.np by Chiranjibi Chapagain, Chairman of Beema Samiti – Insurance Regulatory Authority of Nepal
BEEMA SAMITI, the Insurance Regualtory Authority of Nepal, organized Dashain Greetings Exchange and New website Inauguration program which was held at Beema Samiti Hall, Kupandole, Lalitpur on October 14th, 2018. The program was chaired by Mr. Chiranjibi Chapagain, Chairman of Beema Samiti. Attendees also included CEOs of Insurance Company, respected Senior Officials from Beema Samiti as well as the Division Heads from Beema Samiti. Amongst Greetings exchange and other agendas discussed, Mr. Raju Raman Paudel, Officiating Executive Director briefed about the performance report of Beema Samiti till date this year. Chairman of Beema Samiti, Mr. Chiranjibi Chapagain inaugurated the Beema Samiti official website. The task of redesigning and hosting of website was completed, with vigor & assiduousness,by the IT Team of Assistant Director Mr. Milan Raj Nepali (Head of IT).Beema Samiti old website was originally designed approximately a decade back as a static website..Read More
बीमा समाचार र बिचार पत्रिकाको लागि लेख रचना उपलब्ध गराउने सम्बन्धमा सूचना
बीमा समितिबाट प्रकाशन हुने बीमा समाचार र बिचार पत्रिकाको नयाँ अंकमा बीमा, बैकिङ्ग, पूँजी बजार र अर्थतन्त्र तथा वित्तिय क्षेत्रका विषयसँग सम्बन्धित आफ्नो अमूल्य लेख रचना पठाउनु भै पत्रिका प्रकाशनमा सहयोग गरिदिनहुन सम्बन्धित सबैमा अनुरोध गरिन्छ। लेख रचना पठाउनको लागि तलको ईमेल तथा मोबाइलमा सम्पर्क गर्नुहुन अनुरोध गरिन्छ: Email: email@example.com सम्पर्क व्यक्ति : निर्मल..Read More