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...


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...