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Welcome to Life Insurance News- Making Money Online World


Thursday, February 25, 2010

Insurance is The Subject Matter of Protcting Unexpected Loss of Life, wealth and Properties.
Best Safeguard of Your Bikes-Insurance


Brief Profile-1

Alliance Insurance Company Limited
Head Office Addresses: p.o. box:10811, Durbar Marg (Tel: 4222836, 4253166, Fax: 4241411)
Protect Your Vehicles With Insurance

We are pleased to introduce ourselves as one

of the leading Non-life Insurance Companies founded in incorporated as Public Limited Company under Nepal Company Act, 2021(1964) with authorized capital of Rs. 15,00,00,000.00 and would inform you that M/s Beema Samiti (Insurance Board) has permitted us to underwrite all classes of Non-life Insurance Including Aviation Insurance Under Insurance Act 1992.

We would like to inform that we have established a close connection with Liod’s Brokers amongst Top Ten and other reinsurance brokers in London, sigapore, and India for placement of our reinsurance in International Insurance Markets. Besides, this company has entered into Reinsurance Treaties for automatic reinsurance placement with the following reinsurers:
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a) J.B. Boda & Co.(UK) Ltd. b) Trust Re, Bahrain
c) General Corporation of India
d) Korean Re e) African Re

This company is promoted by the leading Industrial businessmen, financial institutions viz. Karmachari Sanchaya Kosh (Employee provident Fund) who alone owns 15% of the total share , and the team of personalities having experience in Insurance Industry more than 2 years who have undertaken all technical management. We are, therefore, confident that the policies are issued correctly and in time and the claims are expeditiously settled.
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1 Aviation Insurance 2. vehicle Insurance
3.Fire Insurance and Allied Insurance 4. Loss of profit (Fire)Insurance.
5 Burglary & Housekeeing Insurance 6. Cash-In-Transit Insurance
7. Personal Accident Insurance 8. Medical Insurance
9. Electric Equipment Insurance 10 Marine cargi Insurance Policy
11. Public Liability Insurance 12 Workmen Compens. Insurance
13. Professional Liability Insurance 14 Engineering (CAR, CMP, EAR)
15 Travel Insurance

Meanwhile, we would also inform you that we have office in Birgunj, Narayanghat, Biratnagar, Butwal, Nepalgunj, Hetauda, Banepa, Pokhara, and manbhawan for helping our clients in their Insurance Needs.



Lumbini General Insurance Company Limited

A.) Profile of Lumbini Gen. Ins. Comp. ltd
Head office: Adress: P.O. Box 23100, Thamel, Kathmandu, Tel: 4411707, Fax: 977-1-4411692

Prominent Bankers, entrepreneurs, top dealers of automobiles and other products, tourism specialist, industrialists, finance companies and vast experienced persons in the insurance industry for more than three decades, have jointly promoted Lumbini General Insurance Company Limited (LGIC)
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This company has an authorized Capital of Rs. 250 million and issued paid up capital of Rs. 125 million, Incorporated under Company act, 2006 and permitted to write business of all classes of general Insurance by Insurance Board Under Insurance Act. 1992 of the Issued/ paid up capital of Rs 125 million, 80% by promoters and 20% by general public has been fully paid

This company has arranged reinsurance treaties for automatic distribution of risks accepted by the company, with the Reinsurance of the best securities.

They are:

1) General Corporation of India
2) African Reinsurance Corporation, Mauritius
3) Milli Reassurance, T.A.S. Turkey
4) F.A.I.R. Non-Life Reinsurance Pool, Turkey
5) B.E.S.T. Reinsurance, Labuan Branch Malaysia
6) Trust International, Bahrain
7) Sirius International Insurance Corp., UK Branch, London.
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(B) Board of Directors

Chairman : Mr Himalaya SJB Rana

Directors : (1) Mr suraj Vaidya 2) Mr. Chintamani Bhattarai
(3) Mr Durga bdr shrestha 4) Mr. Mingma Dorji Sherpa
(5) Mr. Manohar Das mool (6) Mr. Shankar Ghimire
(7) Mr. Suresh Prajapati (8) Mr. Pratap Kumar Acharya

(C) Management Team

General Manager : Mr R.B. Daha Manager Mkt. : Mr. B.K. shrestha
Dy. G. M.: Mr. Prakash M. Tuladhar Manager Mkt : Mr. Kumar Bdr Khatri
Sr. Man. Fin/ Adm: Mr Bijaendra M Joshi Dy. Man. Mkt. : Mr Anila Aryal
Manager U/W : Mr. Krishna p Dawadi Co. Secretary : Mr Dev. Koirala
Manager Claims : Mr Karuna Manandhar

(d) We provide following Insurance Policies

- Fire Insurance - Marine Cargo Insurance - Motor Insurance
- Engineering Insurance - Electronic Equipment – Machinery loss of Profit
- Deterioration of stock - Avaiation of Insurance – Hull Deductible
- Miccellaneous Insurance .

POST by Bijay Thapa. http://bijay-lifeinsurance.blogspot.com/

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