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...


Reliable Nepal Life Insurance Announces 12% Bonus Shares to Investors

Kathmandu – Reliable Nepal Life Insurance Company Limited has announced a dividend payout for its shareholders from the profit of the last fiscal year. In a meeting held on Baisakh 23 (May 6), the company’s board of directors decided...


Non-Life Insurance Companies Collect Rs 4.10 Billion in Premiums, Business Grows by 7%

Kathmandu – According to the data released by the Nepal Insurance Authority, Non-life insurance companies in Nepal have collectively earned Rs 4.10 billion in insurance premiums in the month of Chaitra alone, reflecting a 7.01 percent increase compared to...


Life Insurance Premiums Surge by 51.24 Percent in Nine Months

Kathmandu – Life insurance companies in Nepal have witnessed a significant rise in premium collection by the end of Chaitra month of the current fiscal year, earning a total of Rs 17.46 billion. This marks a 51.24 percent increase...


Life Insurance Companies Collect Over Rs 99 Billion in Renewal Premiums in Q3 of FY 2081/82

Kathmandu – Nepal’s life insurance sector has witnessed notable growth in renewal premium income, with life insurers collecting more than Rs 99.55 billion during the first nine months of the current fiscal year 2081/82, according to the Nepal Insurance...


Life Insurance Business Grows by 14.62% in Q3; Nepal Life Leads in Volume, Reliable Nepal in Growth Rate

Kathmandu — The life insurance sector in Nepal has recorded a 14.62% growth in insurance premium income in the third quarter of the current fiscal year, signaling a strong recovery and rising public engagement with life insurance products. According...


Non-Life Insurance Sector Sees 7.11% Growth; Oriental Insurance Leads in Expansion

Kathmandu — Nepal’s non-life insurance industry has recorded a modest yet steady growth of 7.11% in the third quarter of the current fiscal year, with total business volume rising from Rs. 29.99 billion last year to Rs. 32.12 billion...


Nepal Life Completes 24 Years, Steps into 25th Year with Focus on Service and Growth

Kathmandu — Nepal Life Insurance Company has officially entered its 25th year today, marking 24 years since its establishment on Baisakh 21, 2058 BS. To commemorate the milestone, the company is launching a nationwide celebration, including health camps, blood...