Asian Life Insurance Reports 59.51% Surge in Net Profit in Q3

Kathmandu – Asian Life Insurance Company Limited has recorded a robust financial performance in the third quarter of the current fiscal year, reporting a net profit of Rs 334.7 million as of end of Chaitra. This marks a significant...


Prabhu Mahalaxmi Life Insurance Upgraded to ‘BBB-‘ Rating by ICRA Nepal

Kathmandu — The credit rating of Prabhu Mahalaxmi Life Insurance has improved following a robust financial performance in the fiscal year 2080/81. ICRA Nepal, a prominent credit rating agency, upgraded the company’s issuer rating from “[ICRANP-IR] BB+” to “[ICRANP-IR]...


President Dhakal Invites Indian Investors to Seize Nepal’s Expanding Economic Opportunities

Kathmandu — Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has extended a strong invitation to Indian investors to explore Nepal’s rapidly expanding investment landscape, emphasizing the country’s stable economy, young workforce,...


Nepal Life Insurance Reports Rs 652.2 Million Net Profit in Q3, Life Insurance Fund Grows by 19.92%

Kathmandu — Nepal Life Insurance Company Limited has reported a net profit of Rs 652.3 million in the third quarter of the current fiscal year, marking an 8.64 percent increase from Rs 600.3 million recorded in the same period...


Sanima Reliance Life Insurance Reports Rs 337.6 Million Net Profit, Life Insurance Fund Jumps 44%

Kathmandu — Sanima Reliance Life Insurance has reported a net profit of Rs 337.6 million up to the end of Chaitra in the current fiscal year, reflecting a 10.77 percent increase compared to Rs 304.8 million during the same...


Sun Nepal Life Insurance Reports 33% Rise in Premium Income in Q3

Kathmandu — Sun Nepal Life Insurance Company has reported a 33 percent surge in total premium income for the third quarter of the current fiscal year. The company recorded a total premium income of Rs 3.71 billion, up from...


MetLife Nepal Certifies Agents Through Global Training Programs

Kathmandu — MetLife Nepal has awarded certificates to its life insurance agents, agencies, and unit managers who completed two internationally recognized training programs under the Life Insurance Management Research Association (LMRA). The participants successfully completed the Associate Insurance Sales...


Prabhu Mahalaxmi Life Insurance Reports Rs 270.7 Million Net Profit in Current Fiscal Year

Kathmandu – Prabhu Mahalaxmi Life Insurance has reported a net profit of Rs 270.7 million by the end of Chaitra in the current fiscal year, reflecting a modest year-on-year growth of 0.67 percent compared to Rs 268.9 million recorded...


Nepal Life Insurance Launches Subsidiary Nepal Life Investment Company

Kathmandu – Nepal Life Insurance Company Limited has officially inaugurated its subsidiary, Nepal Life Investment Company Limited, marking a significant step toward investment diversification in the insurance sector. The inauguration ceremony was held on Thursday at the company’s central...


Insurance Companies Still Focused on Capital, Bagmati Province Records Highest Premium Collection

Kathmandu – Despite repeated directives from the Nepal Insurance Authority to expand operations into rural regions, the majority of insurance companies continue to focus their business within Bagmati Province, particularly the Kathmandu Valley. According to financial data released by...