The second annual general meeting of the Nepal Insurers Association (NIA) has elected KB Basnyat as President for 2002-3. Rajendra Khetan has been nominated President-elect for 2003-4. Mahendra Shrestha is vice president, S Sishodia secretary and Sailendra Shrestha treasurer for two years between 2002-4. Fourteen of the 18 companies involved in the Nepali insurance sector are associated with the NIA.