Kathmandu – Fourteen non-life insurance companies in Nepal collectively owe nearly NPR 40 billion in outstanding claim payments, raising serious concerns about the efficiency and oversight of the Nepal Insurance Authority. According to the financial statements published by these...

Kathmandu – Nepal’s life insurance sector continues to show remarkable growth, with the life insurance fund of 14 life insurance companies reaching Rs. 737.2 billion by the second quarter of the current financial year. According to an analysis on...

Kathmandu – After nearly two years of discussions and disputes, the government has finally approved the Insurance Regulation 2081. The regulation, which had been a major point of contention between the Insurance Authority and agents, introduces new provisions regarding...

Kathmandu – The combined profit of 14 non-life insurance companies in Nepal has dropped significantly by 59.38% in the second quarter of the current financial year. According to the financial statements published by these companies, their collective net profit...

Kathmandu — The life insurance sector in Nepal has recorded significant profit growth in the second quarter of the current fiscal year, with 14 life insurance companies collectively earning a net profit of Rs 3.48 billion. According to the...

Kathmandu – The state-owned Rastriya Beema Company has reported a decline in its financial performance for the second quarter of the current fiscal year, according to its recently published financial statements. The company’s net profit, total income, and earnings...

Kathmandu – Sagarmatha Lumbini Insurance Company Limited (Salico) has released its financial statement for the second quarter of the current fiscal year, reporting a significant drop in net profit compared to the same period last year. The company recorded...

Kathmandu – Asian Life Insurance Company Limited has achieved remarkable financial growth in the second quarter of the current fiscal year, as reflected in its recently published financial statements. The company has recorded a significant increase in net profit,...

Kathmandu – Citizen Life Insurance Company Limited has reported an impressive 86.78% increase in net profit for the second quarter of the current fiscal year, compared to the same period in the previous fiscal year. The significant growth has...

Kathmandu – Sanima Reliance Life Insurance Limited has published its financial results for the second quarter of the current fiscal year, reporting a 5.44% growth in net profit compared to the same period last fiscal year. The company’s profit...