Non-Life Insurance Companies Record 54.45% Drop in Net Profit in Q3 of FY 2081/82

Kathmandu – The profitability of Nepal’s non-life insurance sector has taken a significant hit, with companies posting a sharp decline in earnings during the third quarter (Shrawan–Chaitra) of the current fiscal year 2081/82. According to financial disclosures, the cumulative...


Life Insurance Companies Net Profit Soars by 11.93% in Third Quarter of Current FY 2081/82

Kathmandu – The net profit of life insurance companies in Nepal surged by 11.93% in the third quarter of the current fiscal year, reflecting positive business momentum and improved management practices across the sector. According to the financial statements...


Siddhartha Premier Insurance Reports Slight Profit Decline in Q3, Insurance Fund Increase by 50.71% 

Kathmandu — Siddhartha Premier Insurance has published its financial report for the third quarter of the current fiscal year 2081/82, revealing a slight decline in profit. According to the company’s disclosure, it recorded a net profit of Rs 453.6...


Reliable Nepal Life Insurance Reports 36.88% Rise in Net Profit in Q3

Kathmandu – Reliable Nepal Life Insurance Limited has posted strong financial results for the third quarter of the current fiscal year 2080/81, recording a net profit of Rs 465.7 million. This marks a 36.88% increase compared to the Rs...


Prabhu Insurance Sees 48.84% Dip in Q3 Profit Despite Growth in Insurance Fund

Kathmandu — Prabhu Insurance has published its financial report for the third quarter of the current fiscal year 2081/82, revealing a significant decline in profit alongside notable growth in key financial reserves. The company posted a net profit of...


LIC Nepal Reports 22.66% Profit Growth in Q3 of the Current Fiscal Year

Kathmandu — Life Insurance Corporation (LIC) Nepal has recorded a strong financial performance in the third quarter of the current fiscal year, achieving significant growth in profit, insurance premiums, and investment income. According to its unaudited quarterly report published...


NLG Insurance Posts Rs 123.3 Million Profit in Q3, Business Indicators Show Growth

Kathmandu – NLG Insurance Company Limited has released its financial report for the third quarter of the current fiscal year, showcasing a mixed performance with strong growth in key business indicators despite a decline in net profit. The company...


Shikhar Insurance Reports Rs 357 Million Profit in Current Fiscal Year

Kathmandu — Shikhar Insurance Company has published its third-quarter financial statement for the current fiscal year 2081/82, showing a stable performance with most indicators trending positively. As per the report, the company earned a net profit of Rs 357.05...


Sagarmatha Lumbini Insurance Reports 47% Drop in Net Profit Despite Modest Income Growth

Kathmandu — Sagarmatha Lumbini Insurance Company Limited (Salico) has reported a significant decline in its net profit for the third quarter of the current fiscal year. According to the financial statement published today, the company earned a net profit...


Rastriya Jeewan Beema Company Records Over Rs 15.4 Million Profit In Q3 of Current Fiscal Year

Kathmandu — Rastriya Jeewan Beema Company Limited has reported a net profit of Rs 15.4 million in the third quarter of the current fiscal year, as per its financial statement published today. Despite the profit, the figure marks a...