Stay Connected On
Email info@nib.gov.np
Toll Free No. 1660-01-56789
Location Lalitpur-10, Kupandole, Nepal

In order to systematize, regularize, develop and regulate the insurance business in Nepal, the following functions, duties and powers are conferred on Beema Samiti:

  • To Provide suggestions to Nepal Govt. to formulate necessary policy for systematizing, regularizing, developing and regulating the insurance business,
  •  

  • Set out guidelines for insurers to invest their fund and prescribe the priority sectors for such investment,
  •  

  • Register and renew the Insurer, Insurance Agent, Surveyor or Broker and to cancel or cause to cancel such registration,
  •  

  • Arbitrate in the disputes, which arises between the insurer and insured,
  •  

  • Make decision on the complaints filed by the insurer regarding to the settlement of liability of the insurance,
  •  

  • Issue necessary directives to the insurer from time to time regarding insurance business,
  •  

  • Formulate necessary basis fo the protection of interest of the insured, and
  •  

  • Do or caused to do other necessary functions regarding insurance business.
  • Click Here