Neco Insurance Earns Rs 163.9 Million Profit, Key Indicators Show Mixed Performance

Kathmandu — Neco Insurance has published its third-quarter financial results for the current fiscal year, reporting declines in both profit and income during the review period. According to the company’s financial statement, net profit dropped by 55.61% year-on-year to...


Sanima GIC Reports Higher Premium Income, Profit Drops Sharply

Kathmandu — Sanima GIC Insurance posted a net profit of Rs 51.3 million by the end of the third quarter of fiscal year 2025/26, marking a sharp decline from Rs 233.5 million recorded during the same period last year....


Citizen Life Reports Strong Third-Quarter Growth, Life Insurance Fund Reaches Rs 24.55 Billion

Kathmandu — Citizen Life Insurance has reported strong growth in its third-quarter financial results for the current fiscal year, with its life insurance fund rising to Rs 24.55 billion as of mid-April 2026. According to the company’s latest financial...


Insurance Sector Receives Limited Attention in Government Policy and Program

Kathmandu — The insurance sector has received only limited coverage in the government’s policy and program for the upcoming fiscal year. Under the policy framework, the government has pledged to strengthen and develop the capital market by making it...


Bad Loans Surge in Microfinance Sector, 18 Institutions Cross 10% NPL Threshold

Kathmandu — Non-performing loans (NPLs) in Nepal’s microfinance sector have continued to rise sharply by the third quarter of fiscal year 2025/26, according to the latest quarterly financial reports published by microfinance institutions. Among the 50 listed microfinance companies,...


Oriental Insurance Reports Rs. 306.7 Million Profit as Key Financial Indicators Improve

Kathmandu — Oriental Insurance Company Limited has released its financial results for the third quarter of the current fiscal year 2025/26 (2082/83), with most of the company’s key financial indicators showing notable improvement. According to the report, the company...


Families of Injured and Deceased Nepali Workers in UAE Still Await Insurance Compensation, Government Urged to Act

Kathmandu — Families of Nepali migrant workers who were injured or lost their lives while working in the UAE are still waiting to receive the compensation and insurance payments they are legally entitled to. The Nepali Embassy in Abu...


SALICO Sees Revenue Growth Despite Sharp Drop in Profit

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (SALICO) reported a net profit of NPR 133.2 million in the third quarter of fiscal year 2025/26, according to its unaudited financial statement. The company had posted a net profit of NPR...


Prabhu Mahalaxmi Life Reports Higher Profit and Income in Third Quarter

Kathmandu — Prabhu Mahalaxmi Life Insurance Limited has published its financial results for the third quarter of the current fiscal year, ending mid-April 2026. The report shows growth in key financial indicators, including profit and income, compared to the...


IGI Prudential Reports 75% Growth in Insurance Fund, Strong Rise in Revenue

Kathmandu — IGI Prudential Insurance Limited has released its unaudited financial results for the third quarter of fiscal year 2025/26, reporting significant growth in its insurance fund, net premium income, and overall revenue. According to the financial statement, the...