Notice

प्रेस विज्ञप्ती।     वार्षिक बीमा नीति तथा कार्यक्रम (आ.व. २०८२/८३)।     हुलदङ्गाको कारणले भएको बीमा दावीको विवरण जेठ २८ गतेसम्म।     बाढी तथा पहिरोबाट उत्पन्न दावी र भुक्तानीको विवरण जेठ २८ सम्म।     विदेशी पुनर्बीमा दलालको कार्यालय स्थापना गर्ने सम्बन्धमा     कृषि तथा पशुपन्छी बीमा प्रणालीको प्रयोगकर्ता म्यानुअल।     According to the Insurance Act 2079, the insurance nature of the business need to be registered in Nepal Insurance Authority.    

Present organizational overview

BOARD

To Formulate policies and implement them through annual budget and programs.

Secretariat of Chairman
 To Handle all administrative work related to functioning of the board and chairman.

EXECUTIVE DIRECTOR

To Oversee functions of all divisions of the organization.

Secretariat of Executive Director
To Handle all administrative work related to the functioning of executive director.

LEGAL DIVISION:

To provide legal advice to the board & all the divisions; draft laws, rules and regulations related to insurance legal aspects and to regulate insurance Sector as per the Insurance Act, 2079 and Insurance Regulation, 2081 and to prepare insurance policy and guidelines necessary for insurance sector represent Nepal Insurance Authority in Courts of Law.

Sections:

1. Legal Section
2. Grievance Section
3. Intermediaries Section

MANAGEMENT DIVISION:

To Administer overall general management, financials and human resource related services of the organization.

Sections:

1. Human Resource Section
2. Financial Administration Section
3. General Administration Section

SUPERVISOIN DIVISION:

To supervises overall insurance sector through onsite as well as offsite inspection and also analyzing financial statement of Insurers as per the Insurance Act,2079 and Insurance Regulation, 2081.

Sections:

1. Onsite Inspection Section
2. Offsite Section
3. Financial Analysis Section

INSURANCE POLICY DIVISION:

To Prepare insurance policies and guidelines necessary for insurance sector as per Insurance Act,2079 and Insurance Regulation, 2081.

Sections:

1. Agriculture and Livestock Section

2. Insurance Policy Section

3. Micro Insurance Section

REGULATION DIVISION:

To ensure compliance to the legal and regulatory framework applicable to insurance sector.

To approve the opening of new branch of insurers.

Grant approval for sale/transfer of promotor share of insurers.

Work related to Re insurance.

Coordinate among investigative and competent authorities for the investigation of financial crime as per Insurance Act,2079 and Insurance Regulation, 2081.

 

Sections:

1. Regulation Section
2. Anti Money Laundering Section
3. Re Insurance Section

RESEARCH DIVISION:

To identify research topics relevant to insurance sector, to design and conduct research activities along with development and publication of insurance related materials.

Collect, analyze and publish insurance statistics monthly, quarterly and annually.

Develop, manage and operate various IT system and software in the organization and guide insurance sector in adoption of digital infrastructures.

Ensure adoption of risk based approach in insurance industry including approval risk based valuation and ORSA report making insurance industry and NIA risk resilient.

 

Sections:

1. Research and MIS Section
2. Information Technology Section
3. Risk Management Section

PROVINCIAL OFFICES:

To overlook and carry out all the functions of the authority in respective provinces and coordinate with the provincial as well as local government.

1)         Koshi Province Office
2)         Madhesh Province Office
3)         Gandaki Province Office
4)         Lumbini Province Office
5)         Karnali Province Office
6)         Sudurpaschim Province Office