Rastriya Jeevan Beema Company Limited

Last updated
Rastriya Jeevan Beema Company Limited
राष्ट्रिय जीवन बीमा कम्पनी लिमिटेड
Company type Public company
IndustryInsurance services
Founded1967;57 years ago (1967)
HeadquartersRamshahpath, Kathmandu
Area served
Nepal Mr. Ishwar Poudel (chairman)
Mr. Kabi Prasad Pathak (Administration) [1]
Products Life insurance
Website rbs.gov.np

Rastriya Jeevan Beema Company Limited is the first life insurance company in Nepal which was established as its previous Name Rastriya Beema Sansthan. [2] Established by the Government of Nepal. [3]

Contents

They are operating in Nepal through 23 branches [4] located at various part of nepal [5] ..

Life Insurance Product Offered by Company

Related Research Articles

<span class="mw-page-title-main">Mahendra of Nepal</span> King of Nepal from 1955 to 1972

Mahendra Bir Bikram Shah Dev, was the ninth King of Nepal from 13 March 1955 until his death in 1972, which was due to heart attack as told in an interview by his personal physician Dr. Mrigendra Raj Pandey. Following the 1960 coup d'état, he established the partyless Panchayat system which governed the country for 28 years until the introduction of multiparty democracy in 1990. During his reign, Nepal experienced a period of industrial, political and economic change which opened it to the rest of the world for the first time after the 104-year-long reign of the Rana rulers, who kept the country under an isolationist policy, came to an end in 1951.

<span class="mw-page-title-main">State Bank of India</span> Indian public sector bank

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 48th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. In 2023, the company’s seat in Forbes Global 2000 was 77.

<span class="mw-page-title-main">Punjab National Bank</span> Indian public sector bank

Punjab National Bank is an Indian public sector bank based in New Delhi.It was founded in May 1894 and is the third-largest public sector bank in India in terms of its business volumes, with over 180 million customers, 12,248 branches, and 13,000+ ATMs.

<span class="mw-page-title-main">National Assembly (Nepal)</span> Upper house of Federal Parliament of Nepal

The National Assembly or Rastriya Sabha is the upper house of the Federal Parliament of Nepal, the lower house being the House of Representatives. The composition and powers of the Assembly are established by Part 8 and 9 of the Constitution of Nepal. There are a total of 59 members: 8 members are elected from each of the seven provinces by an electoral college of each province, and three are appointed by the President on recommendation of the government.

Rastriya Banijya Bank (RBB) is fully government owned, and the largest commercial bank in Nepal. RBB was established on January 23, 1966 under the RBB Act. RBB provides banking services to customers including banks, insurance companies, industrial trading houses, airlines, hotels, and many other sectors. RBB has 293 branches.

<span class="mw-page-title-main">Great Eastern Life</span> Singaporean insurance company

Great Eastern Life Assurance Co. Ltd, often known as Great Eastern Life or simply Great Eastern, is a Singaporean multinational insurance company and subsidiary of OCBC Bank operating in the Southeast Asia region. Founded in 1908 by Alfred Hewton Fair, it is the largest and oldest life insurance company in Singapore and Malaysia.

Nepal Oil Corporation Limited (NOC) (Nepali: नेपाल आयल निगम लिमिटेड) is a monopoly state owned trading enterprise of Nepal that imports, stores and distributes various petroleum products in the country. In Nepal, no private or other companies are allowed to import Petrol and Diesel other than NOC. It was established on 1970 by the Government of Nepal under the "Company Act, 2021 (1964)". The government owns 99.46% of its share and rest is contributed by four other state owned enterprises: Rastriya Beema Sansthan, National Trading Ltd., Nepal Bank Ltd. and Rastriya Banijya Bank.

Pipra (पिपरा) a village in Mahottari District, Janakpur Zone in the Central Region of Nepal.

The State Life Insurance Corporation of Pakistan, commonly known as State Life or SLIC, is the largest life insurance company of Pakistan, and is one of the largest companies in Pakistan by assets. It maintains an agency network of around 200,000 sales personnel. Although the major function of SLIC is to carry out life insurance business, it is also involved in other business activities such as investment of policyholders’ fund in government securities, stock market and real estate.

<span class="mw-page-title-main">National Insurance Company</span> Central Public Sector Undertaking

National Insurance Company Limited (NICL) is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. It is headquartered at Kolkata and was established in 1906 by Gordhandas Dutia and Jeevan Das Dutia. National Insurance company and Asian Insurance company was nationalised in 1972. Its portfolio consists of a multitude of general insurance policies, offered to a wide arena of clients encompassing different sectors of the economy. Apart from being a leading insurance provider in India, NICL also serves in Nepal.

<span class="mw-page-title-main">HDFC Life</span> Indian life insurance company

HDFC Life Insurance Company Limited is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services and it was incorporated on 14 August 2000.

<span class="mw-page-title-main">Upper Tamakoshi Hydroelectric Project</span> Dam in Gaurishankar Conservation Area, Dolakha District

The Upper Tamakoshi Hydroelectric Project is a 456 MW peaking run-of-the-river hydroelectric project in Nepal. It is the largest hydroelectric project in Nepal, operating since July 2021. It is sited on the Tamakoshi River, a tributary of the Sapt Koshi river, near the Nepal–Tibet border.

<span class="mw-page-title-main">2017 Nepalese general election</span> Election

General elections were held in Nepal in two phases on 26 November and 7 December 2017 to elect the 275 members of the fifth House of Representatives, the lower house of the Federal Parliament of Nepal.

Pacharauta is a municipality in Bara District in Province No. 2 of South-Eastern Nepal. It was formed in 2016 occupying current 9 sections (wards) from previous 9 former VDCs. It occupies an area of 44.01 km2 with a total population of 34,175.

American Life Insurance Company Limited MetLife Nepal is a life insurance company in Nepal established in 2001. As of 16 July 2019, they have total source of NRS 18,633,007,259.

<span class="mw-page-title-main">2022 Nepalese general election</span>

General elections were held in Nepal on 20 November 2022 to elect the 275 members of the House of Representatives. There were two ballots in the election; one to elect 165 members from single-member constituencies via FPTP, and the other to elect the remaining 110 members from a single nation-wide constituency via party-list proportional representation.

Biswanarayan Shastri (1918–2002) was a renowned Indologist, Sanskrit scholar par excellence, multi-award winning author, committed educationist and a public servant. He was elected from Lakhimpur, Assam to the Lok Sabha, the lower house of the Parliament of India as a member of the Indian National Congress.

Nepal Beema Pradhikaran (Nepal Insurance Authority) (Nepali:नेपाल बीमा प्राधिकरण) is Nepal Government's official insurance regulatory body. Operating under the Ministry of Finance, the authority is entrusted with the objective to ensure a fair, competitive, reliable and credible insurance service in Nepal. In addition, the Authority is also responsible for complete regulation of insurance to effectively protect the rights and interests of policyholders.

<span class="mw-page-title-main">Rastriya Swatantra Party</span> Political party in Nepal

The Rastriya Swatantra Party is a political party in Nepal. It remained as a junior ally in Prachanda-led government from 26 December 2022 until 5 February 2023. While it called back its members from the current coalition government arrangement, it continues its support to the government since 5 February 2023.

References

  1. "Board of Directors – Rastriya Beema Sansthan".
  2. "list of life insurance companies in Nepal". Beema Samiti.
  3. "Introduction to Rastriya Beema Sansthan – Rastriya Beema Sansthan".
  4. "Branches and Networks – Rastriya Beema Sansthan".
  5. "Rastiya Beema Sansthan Branches". Financialnotices. Retrieved 12 September 2020.