Introduction of Gurans Life Insurance Co Sample Clauses

Introduction of Gurans Life Insurance Co. Ltd. Gurans Life Insurance Co .Ltd. has been established and registered under Company Act 2063 B.s.(Regd. No. 1005/063-64) and Insurance Act 2049 as a public Limited Co. and was issued a license to operate Life Insurance Business on 2064/12/18. And It has started it's operation from the date of 2065/02/17 (1st July 2008). Gurans Life Insurance Co .Ltd. is promoted by a Commercial Bank, X.X Xxxxx Group along with group of diverse and renowned Businessmen, Industrialist and Legal professionals and other reputed persons in the society Capital Gurans Life Insurance Co .Ltd. have total authorized capital of 50 crore and Issued capital of 36 crore. Out of the issued capital, 70% amounting to 25 crore 20 lakh has been contributed by the promoter shareholder and the remaining 30% amounting to NRS. 10 Crore 80 lakh has been issued in public shareholder. Re-Insurance Insurance company has to insurance with the reinsurance company so, the Company has made reinsurance arrangement with SCOR GLOBAL LIFE SE, SINGAPORE. Vision To develop the company as an important entity in contributing to social as well as financial sector towards making New Nepal. To invest and expand business in international market for providing maximum benefit to policyholders. Mission Create resources and generate employment opportunities and promote saving habits of individuals for their financial stability and improvement of their living standard. Products of the Gurans Life Insurance Co. Ltd. • Gurans Bal Surakshaya Xxxxxx Xxxx Xxxxxx • Naulo Bal Surakshaya Xxxxxx Xxxx Xxxxxx • Endowment Plan • Endowment with Whole Life • Money Back 15 and 20 years term • Expatriates Term Life Insurance Plan
Sample 1
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Introduction of Gurans Life Insurance Co. Ltd. Gurans Life Insurance Co .Ltd. has been established and registered under Company Act 2063 B.s.(Regd. No. 1005/063-64) and Insurance Act 2049 as a public Limited Co. and was issued a license to operate Life Insurance Business on 2064/12/18. And It has started its operation from the date of 2065/02/17 (1st July 2008). Gurans Life Insurance Co .Ltd. is promoted by a Commercial Bank, X.X Xxxxx Group along with group of diverse and renowned Businessmen, Industrialist and Legal professionals and other reputed persons in the society. Capital Gurans Life Insurance Co .Ltd. have total authorized capital of 50 Crore and Issued capital of 36 crore. Out of the issued capital, 70% amounting to 25 crore 20 lakh has been contributed by the promoter shareholder and the remaining 30% amounting to NRS. 10 Crore 80 lakh has been issued in public shareholder. Re-Insurance Insurance company has to insurance with the reinsurance company so, the Company has made reinsurance arrangement with SCOR GLOBAL LIFE SE, SINGAPORE. Vision To develop the company as an important entity in contributing to social as well as financial sector towards making New Nepal. To invest and expand business in international market for providing maximum benefit to policyholders.
Sample 1

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