Insurance allows individuals, businesses and other entities to protect themselves against significant potential losses and financial hardship at a reasonably affordable rate. We say "significant" because if the potential loss is small, then it doesn't make sense to pay a premium to protect against the loss. After all, you would not pay a monthly premium to protect against a $50 loss because this would not be considered a financial hardship for most.
Insurance is appropriate when you want to protect against a significant monetary loss. Take life insurance as an example. If you are the primary breadwinner in your home, the loss of income that your family would experience as a result of our premature death is considered a significant loss and hardship that you should protect them against. It would be very difficult for your family to replace your income, so the monthly premiums ensure that if you die, your income will be replaced by the insured amount. The same principle applies to many other forms of insurance. If the potential loss will have a detrimental effect on the person or entity, insurance makes sense.
Nepal Reinsurance Co. Ltd. inviites application from qualified candidates for the following positions:
1. Assistant (Level 4)
- > No. of Vacancies:4
- > Job Type: Full Time
- > Educational Qualification: Various According to Positions
2. Assistant (Level 5)
- > No. of Vacancies:11
- > Experience: Freshers Can Apply
- > Job Type: Full Time
- > Educational Qualification: Bachelor’s Degree
3. Officer (Level 6)
- > No. of Vacancies: 5
- > Experience: Freshers Can Apply
- > Job Type: Full Time
- > Educational Qualification: Master’s Degree in Management
4. Company Secretary -CA (Chartered Account) (Level 8)
- > No. of Vacancies: 1
- > Job Type: Full Time
- > Educational Qualification: CA from reputed institution (ICAN/ICAI) with Master’s in Management